The value of PESONet transactions in the Philippines surged between 2019 and 2023. From 1.26 trillion Philippine pesos, this figure rose to roughly 7.84 trillion Philippine pesos 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 value of PESONet transactions in the Philippines from 2019 to 2023
(in trillion Philippine pesos)
Characteristic
Transaction value in trillion Philippine pesos
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Statista. (April 18, 2024). Total value of PESONet transactions in the Philippines from 2019 to 2023 (in trillion Philippine pesos) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1324913/philippines-transaction-value-of-pesonet/
Statista. "Total value of PESONet transactions in the Philippines from 2019 to 2023 (in trillion Philippine pesos)." Chart. April 18, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1324913/philippines-transaction-value-of-pesonet/
Statista. (2024). Total value of PESONet transactions in the Philippines from 2019 to 2023 (in trillion Philippine pesos). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1324913/philippines-transaction-value-of-pesonet/
Statista. "Total Value of Pesonet Transactions in The Philippines from 2019 to 2023 (in Trillion Philippine Pesos)." Statista, Statista Inc., 18 Apr 2024, https://www.statista.com/statistics/1324913/philippines-transaction-value-of-pesonet/
Statista, Total value of PESONet transactions in the Philippines from 2019 to 2023 (in trillion Philippine pesos) Statista, https://www.statista.com/statistics/1324913/philippines-transaction-value-of-pesonet/ (last visited July 22, 2024)
Total value of PESONet transactions in the Philippines from 2019 to 2023 (in trillion Philippine pesos) [Graph], Statista, April 18, 2024. [Online]. Available: https://www.statista.com/statistics/1324913/philippines-transaction-value-of-pesonet/