Most-used payment methods Philippines 2023

Published by
Christy Balita,
Oct 7, 2024

According to a 2023 survey among Filipino adults, cash and mobile wallets had an equal share of users at 87 percent. Meanwhile, 32 percent of survey respondents said they used contactless cards to pay for their transaction. 

Most used payment method for consumers in the Philippines in 2023

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Sources

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Release date

March 2024

Region

Philippines

Survey time period

October to November 2023

Number of respondents

1,000 respondents

Age group

18-65 years

Special properties

among respondents with a minimum monthly personal income of 12,000 Philippine pesos

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Statistics on " Digital payments in the Philippines "

The most important statistics
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The most important statistics
The most important statistics
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Other statistics that may interest you Digital payments in the Philippines

Overview

5

Key indicators

6

Electronic fund transfer

6

Digital or mobile wallets

6

Debit and credit card

4

QR transactions

4

BNPL

4

Consumer behavior

4

Further related statistics

13

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Statistics

Topics

Digital payments in the PhilippinesBanking in the PhilippinesCoronavirus (COVID-19) pandemic in the PhilippinesE-commerce in the PhilippinesSocial media in the Philippines
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