In 2022, 55.5 percent of the total volume of peer-to-peer (P2P) payments in the Philippines were made through digital payment methods. That was 19 percent more than in the previous year. Remittances had been driving the increase in digital P2P payment transactions in the Philippines in recent years.
Volume share of digital payments made by individual consumers in the Philippines from 2019 to 2022
Characteristic
Share of payments
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
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.
BSP. (June 21, 2023). Volume share of digital payments made by individual consumers in the Philippines from 2019 to 2022 [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1245811/payments-made-by-people-volume-share-by-method-philippines/
BSP. "Volume share of digital payments made by individual consumers in the Philippines from 2019 to 2022." Chart. June 21, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1245811/payments-made-by-people-volume-share-by-method-philippines/
BSP. (2023). Volume share of digital payments made by individual consumers in the Philippines from 2019 to 2022. Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1245811/payments-made-by-people-volume-share-by-method-philippines/
BSP. "Volume Share of Digital Payments Made by Individual Consumers in The Philippines from 2019 to 2022." Statista, Statista Inc., 21 Jun 2023, https://www.statista.com/statistics/1245811/payments-made-by-people-volume-share-by-method-philippines/
BSP, Volume share of digital payments made by individual consumers in the Philippines from 2019 to 2022 Statista, https://www.statista.com/statistics/1245811/payments-made-by-people-volume-share-by-method-philippines/ (last visited June 18, 2024)
Volume share of digital payments made by individual consumers in the Philippines from 2019 to 2022 [Graph], BSP, June 21, 2023. [Online]. Available: https://www.statista.com/statistics/1245811/payments-made-by-people-volume-share-by-method-philippines/