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
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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 01, 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 01, 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 01, 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 01, 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/