As of April 2022, about 473 thousand merchants are participating in the QR PH person-to-merchant (P2M) payment system in the Philippines, an increase of about 70 percent from the previous month.
QR PH P2M allows payments made from an unbanked person to various establishments. It was launched in October 2021 to boost digital payments in the Philippines.
Number of participants in the QR Ph Person-to-Merchant (P2M) payment facility in the Philippines from March to April 2022
(in 1,000s)
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BSP. (September 22, 2023). Number of participants in the QR Ph Person-to-Merchant (P2M) payment facility in the Philippines from March to April 2022 (in 1,000s) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1311337/philippines-qr-ph-merchant-locations/
BSP. "Number of participants in the QR Ph Person-to-Merchant (P2M) payment facility in the Philippines from March to April 2022 (in 1,000s)." Chart. September 22, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1311337/philippines-qr-ph-merchant-locations/
BSP. (2023). Number of participants in the QR Ph Person-to-Merchant (P2M) payment facility in the Philippines from March to April 2022 (in 1,000s). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1311337/philippines-qr-ph-merchant-locations/
BSP. "Number of Participants in The Qr Ph Person-to-merchant (P2m) Payment Facility in The Philippines from March to April 2022 (in 1,000s)." Statista, Statista Inc., 22 Sep 2023, https://www.statista.com/statistics/1311337/philippines-qr-ph-merchant-locations/
BSP, Number of participants in the QR Ph Person-to-Merchant (P2M) payment facility in the Philippines from March to April 2022 (in 1,000s) Statista, https://www.statista.com/statistics/1311337/philippines-qr-ph-merchant-locations/ (last visited November 21, 2024)
Number of participants in the QR Ph Person-to-Merchant (P2M) payment facility in the Philippines from March to April 2022 (in 1,000s) [Graph], BSP, September 22, 2023. [Online]. Available: https://www.statista.com/statistics/1311337/philippines-qr-ph-merchant-locations/
