Leading remittance channels for receiving money Philippines 2021

Published by
Christy Balita,
May 16, 2023
According to a recent survey in the Philippines, most respondents preferred over-the-counter (OTC) methods for receiving money in 2021. Among several OTC options, the most popular remittance channels for receiving money among Filipino respondents were pawnshops and money services at 72 percent.

Most popular remittance channels for receiving money in the Philippines in 2021

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Source

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Release date

August 2022

Region

Philippines

Survey time period

January 13 to May 26, 2022

Number of respondents

1,200 respondents

Age group

15 years old and above

Special properties

among those who received money

Method of interview

Face-to-face interview, online survey

Supplementary notes

Multiple answers were allowed.
The survey used 2021 as the reference year for the questions.

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Topics

Fintech in the PhilippinesInsurance industry in the PhilippinesBanking in the PhilippinesE-commerce in the PhilippinesDigital payments in the Philippines
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