Combined figures on 14 e-wallet applications in the Philippines indicated a total of 114.4 million downloads in 2022, reflecting a 30 percent increase from the previous year. This was about 632 percent more than the number of downloads in 2018.
Total number of electronic wallet applications downloaded in the Philippines from 2018 to 2022
(in millions)
Characteristic
Number of downloads in millions
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E-wallets included in the study were CIS Bayad Center, Coins.ph, eCebuana, GCash, Juan Cash, Lazada Wallet, Mango, MarCo Pay, Maya, Moneygment, PayLoro, Star Pay, Tagcash and Toktokwallet. These e-wallets have both electronic money issuer and operator of payment system licenses from the central bank or are operated in partnership with these licenses.
The source did not provide figures for 2019 and 2020.
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Statista. (April 11, 2023). Total number of electronic wallet applications downloaded in the Philippines from 2018 to 2022 (in millions) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1346086/philippines-number-of-mobile-wallets-downloaded/
Statista. "Total number of electronic wallet applications downloaded in the Philippines from 2018 to 2022 (in millions)." Chart. April 11, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1346086/philippines-number-of-mobile-wallets-downloaded/
Statista. (2023). Total number of electronic wallet applications downloaded in the Philippines from 2018 to 2022 (in millions). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1346086/philippines-number-of-mobile-wallets-downloaded/
Statista. "Total Number of Electronic Wallet Applications Downloaded in The Philippines from 2018 to 2022 (in Millions)." Statista, Statista Inc., 11 Apr 2023, https://www.statista.com/statistics/1346086/philippines-number-of-mobile-wallets-downloaded/
Statista, Total number of electronic wallet applications downloaded in the Philippines from 2018 to 2022 (in millions) Statista, https://www.statista.com/statistics/1346086/philippines-number-of-mobile-wallets-downloaded/ (last visited July 22, 2024)
Total number of electronic wallet applications downloaded in the Philippines from 2018 to 2022 (in millions) [Graph], Statista, April 11, 2023. [Online]. Available: https://www.statista.com/statistics/1346086/philippines-number-of-mobile-wallets-downloaded/
