According to a survey in 2022, 39 percent of respondents in the Philippines who have used apps with embedded finance accessed it several times a week. The same survey revealed that among the main reasons for using such apps was because they allowed easier payments.
Frequency of using applications with embedded finance in the Philippines in 2022
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Share of respondents
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United Overseas Bank. (November 2, 2022). Frequency of using applications with embedded finance in the Philippines in 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1345862/philippines-usage-frequency-of-embedded-finance-apps/
United Overseas Bank. "Frequency of using applications with embedded finance in the Philippines in 2022." Chart. November 2, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1345862/philippines-usage-frequency-of-embedded-finance-apps/
United Overseas Bank. (2022). Frequency of using applications with embedded finance in the Philippines in 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1345862/philippines-usage-frequency-of-embedded-finance-apps/
United Overseas Bank. "Frequency of Using Applications with Embedded Finance in The Philippines in 2022." Statista, Statista Inc., 2 Nov 2022, https://www.statista.com/statistics/1345862/philippines-usage-frequency-of-embedded-finance-apps/
United Overseas Bank, Frequency of using applications with embedded finance in the Philippines in 2022 Statista, https://www.statista.com/statistics/1345862/philippines-usage-frequency-of-embedded-finance-apps/ (last visited July 22, 2024)
Frequency of using applications with embedded finance in the Philippines in 2022 [Graph], United Overseas Bank, November 2, 2022. [Online]. Available: https://www.statista.com/statistics/1345862/philippines-usage-frequency-of-embedded-finance-apps/