Revenue of the digital payments industry Philippines 2018-2028

Revenue of the digital payments market in the Philippines from 2018 to 2028

CharacteristicValue in billion U.S. dollars
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Statistic: Revenue of the digital payments market in the Philippines from 2018 to 2028 (in billion U.S. dollars)
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Special properties

All figures are estimates.

Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Digital Payments market segement is led by consumer transactions and includes payments for products and services which are made over the Internet as well as mobile payments at point of sale (POS) via smartphone applications and cross-border money transfers made over the internet (digital remittances). Transaction value equals money transfers out of the selected region.

Structure:

The three markets in Digital Payments include Digital Commerce, Mobile PoS payments, and Digital Remittances.

Additional Information:

The market comprises transaction values, average transaction value per user, users and user penetration rates. Transaction values in the Digital Payments market segment refers to consumer transactions made via the Internet or mobile wallets.

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Digital payments in the Philippines

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Overview

4

Investments

6

Digital payment

6

Cryptocurrency

3

Embedded finance

4

BNPL

3

Digital remittance

3

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