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)
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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (April 11, 2023). Total number of electronic wallet applications downloaded in the Philippines from 2018 to 2022 (in millions) [Graph]. In Statista. Retrieved December 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 December 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: December 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 December 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/
