The volume of PESONet transactions in the Philippines ballooned in just five years. From roughly 12 million transactions in 2019, this figure rose to about 91 million in 2023.
PESONet is an electronic fund transfer service that allows customers to transfer funds to participating banks, mobile wallet operators, or electronic money issuers. It serves as an alternative to the check system that uses paper.
Total volume of PESONet transactions in the Philippines from 2019 to 2023
(in millions)
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Statista. (April 18, 2024). Total volume of PESONet transactions in the Philippines from 2019 to 2023 (in millions) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1324903/philippines-transaction-volume-of-pesonet/
Statista. "Total volume of PESONet transactions in the Philippines from 2019 to 2023 (in millions)." Chart. April 18, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1324903/philippines-transaction-volume-of-pesonet/
Statista. (2024). Total volume of PESONet transactions in the Philippines from 2019 to 2023 (in millions). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1324903/philippines-transaction-volume-of-pesonet/
Statista. "Total Volume of Pesonet Transactions in The Philippines from 2019 to 2023 (in Millions)." Statista, Statista Inc., 18 Apr 2024, https://www.statista.com/statistics/1324903/philippines-transaction-volume-of-pesonet/
Statista, Total volume of PESONet transactions in the Philippines from 2019 to 2023 (in millions) Statista, https://www.statista.com/statistics/1324903/philippines-transaction-volume-of-pesonet/ (last visited December 21, 2024)
Total volume of PESONet transactions in the Philippines from 2019 to 2023 (in millions) [Graph], Statista, April 18, 2024. [Online]. Available: https://www.statista.com/statistics/1324903/philippines-transaction-volume-of-pesonet/