In 2023, card payment transactions in the Philippines were valued at 2.9 trillion Philippine pesos. This figure was forecast to reach 3.4 trillion in 2023. As a cash-dependent population, increased card transactions contribute to the goal of the central bank to achieve a cash-lite economy in the upcoming years.
Total value of card payment transactions in the Philippines from 2021 to 2023, with a forecast for 2024
(in trillion Philippine pesos)
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GlobalData. (June 25, 2024). Total value of card payment transactions in the Philippines from 2021 to 2023, with a forecast for 2024 (in trillion Philippine pesos) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1303309/philippines-card-payment-transaction-value/
GlobalData. "Total value of card payment transactions in the Philippines from 2021 to 2023, with a forecast for 2024 (in trillion Philippine pesos)." Chart. June 25, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1303309/philippines-card-payment-transaction-value/
GlobalData. (2024). Total value of card payment transactions in the Philippines from 2021 to 2023, with a forecast for 2024 (in trillion Philippine pesos). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1303309/philippines-card-payment-transaction-value/
GlobalData. "Total Value of Card Payment Transactions in The Philippines from 2021 to 2023, with a Forecast for 2024 (in Trillion Philippine Pesos)." Statista, Statista Inc., 25 Jun 2024, https://www.statista.com/statistics/1303309/philippines-card-payment-transaction-value/
GlobalData, Total value of card payment transactions in the Philippines from 2021 to 2023, with a forecast for 2024 (in trillion Philippine pesos) Statista, https://www.statista.com/statistics/1303309/philippines-card-payment-transaction-value/ (last visited December 22, 2024)
Total value of card payment transactions in the Philippines from 2021 to 2023, with a forecast for 2024 (in trillion Philippine pesos) [Graph], GlobalData, June 25, 2024. [Online]. Available: https://www.statista.com/statistics/1303309/philippines-card-payment-transaction-value/
