According to a 2021 survey among Filipino adults, cash was the most preferred payment for consumers in the Philippines, chosen by 94 percent of respondents. Meanwhile, cashless channels including mobile wallets and online card payments were chosen by 64 percent and 52 percent of the respondents, respectively.
Most preferred payment method for consumers in the Philippines in 2021
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Businessworld. (March 29, 2022). Most preferred payment method for consumers in the Philippines in 2021 [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1246268/payment-methods-philippines/
Businessworld. "Most preferred payment method for consumers in the Philippines in 2021." Chart. March 29, 2022. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1246268/payment-methods-philippines/
Businessworld. (2022). Most preferred payment method for consumers in the Philippines in 2021. Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1246268/payment-methods-philippines/
Businessworld. "Most Preferred Payment Method for Consumers in The Philippines in 2021." Statista, Statista Inc., 29 Mar 2022, https://www.statista.com/statistics/1246268/payment-methods-philippines/
Businessworld, Most preferred payment method for consumers in the Philippines in 2021 Statista, https://www.statista.com/statistics/1246268/payment-methods-philippines/ (last visited June 18, 2024)
Most preferred payment method for consumers in the Philippines in 2021 [Graph], Businessworld, March 29, 2022. [Online]. Available: https://www.statista.com/statistics/1246268/payment-methods-philippines/