According to a survey of social commerce users in the Philippines 2020, the most popular payment methods for making purchases on social media platforms was cash on delivery, which was used by 69 percent of consumers. Peer-to-peer payment platforms accounted for 21 percent of social commerce payments while bank transfer was the least preferred payment type.
Distribution of payment methods of social commerce consumers in the Philippines in the first half of 2020
Characteristic
Share of consumers using payment method
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iKala. (October 7, 2020). Distribution of payment methods of social commerce consumers in the Philippines in the first half of 2020 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1248387/philippines-leading-social-commerce-payment-methods/
iKala. "Distribution of payment methods of social commerce consumers in the Philippines in the first half of 2020." Chart. October 7, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1248387/philippines-leading-social-commerce-payment-methods/
iKala. (2020). Distribution of payment methods of social commerce consumers in the Philippines in the first half of 2020. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1248387/philippines-leading-social-commerce-payment-methods/
iKala. "Distribution of Payment Methods of Social Commerce Consumers in The Philippines in The First Half of 2020." Statista, Statista Inc., 7 Oct 2020, https://www.statista.com/statistics/1248387/philippines-leading-social-commerce-payment-methods/
iKala, Distribution of payment methods of social commerce consumers in the Philippines in the first half of 2020 Statista, https://www.statista.com/statistics/1248387/philippines-leading-social-commerce-payment-methods/ (last visited August 24, 2024)
Distribution of payment methods of social commerce consumers in the Philippines in the first half of 2020 [Graph], iKala, October 7, 2020. [Online]. Available: https://www.statista.com/statistics/1248387/philippines-leading-social-commerce-payment-methods/