The Philippines is among the countries in Southeast Asia seeing sustained growth in mobile payment transactions. In 2020, the number of mobile wallet users in the country reached 24.6 million, with forecast figures reaching as much as 75.5 million in 2025.
Number of mobile wallet users in the Philippines in 2020, with a forecast for 2025 (in millions)
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Statistics on Digital payments in the Philippines
Overview
4
- Premium Statistic Digital payments transaction value in Southeast Asia 2022, by country and segment
- Premium Statistic Digital payments average transaction in Southeast Asia 2022, by country and segment
- Premium Statistic Cashless payments adoption rate SEA 2021, by country
- Premium Statistic Most popular in-store payment methods in the Philippines 2017-2021
Key indicators
6
- Premium Statistic Digital payments transaction value Philippines 2017-2027
- Premium Statistic Digital payments transaction value Philippines 2021, by segment
- Premium Statistic Number of digital payment users Philippines 2021, by segment
- Premium Statistic Digital payments market penetration rate Philippines 2021, by segment
- Premium Statistic Volume share of digital payments to total retail payments Philippines 2020-2021
- Premium Statistic Value share of digital payments to total retail payments Philippines 2020-2021
Electronic money
4
- Premium Statistic Number of electronic money accounts Philippines 2017-2020
- Premium Statistic Electronic money transaction value Philippines 2017-2020
- Premium Statistic Volume of electronic money transactions Philippines 2019-2020
- Premium Statistic Share of electronic money transactions Philippines 2020
Electronic fund transfer
4
Digital or mobile wallets
5
- Premium Statistic Mobile wallet users Philippines 2020-2025
- Premium Statistic Mobile wallet penetration rate Philippines 2020-2025
- Premium Statistic Mobile wallet transaction volume Philippines 2020-2025
- Premium Statistic Mobile wallet transaction value Philippines 2020-2025
- Premium Statistic Leading mobile wallet apps market share Philippines 2020
QR payments
3
Other payment methods
4
Consumer behavior
6
- Premium Statistic Popular payment methods for online shopping in the last three months Philippines 2022
- Premium Statistic Payment methods used for home delivery among consumers Philippines 2021
- Premium Statistic Consumers' attitudes towards cashless payment methods Philippines 2021
- Premium Statistic Intention to use digital currencies in the Philippines 2021
- Premium Statistic Most used e-wallets Philippines 2021
- Premium Statistic First-time users of digital payment methods due to COVID-19 Philippines 2021, by type
Further related statistics
13
- Average revenue per paying user with carrier billing in Sweden 2019-2021
- Average revenue per paying user with carrier billing in Brazil 2019-2021
- Average revenue per paying user with carrier billing in Norway 2019-2021
- Use of digital payment methods in last year Australia 2018 by age
- Offline m-payment transactions daily value South Korea 2016-2018
- Mobile payment market share South Korea 2018, by provider
- U.S. voice payments adoption rate in 2017, with forecasts up until 2022
- M-payment transactions daily number South Korea 2018, by type of provider
- Offline m-payment transactions daily number South Korea 2016-2018
- Reasons not to use the smartphone for payments among Australian consumers 2015-2016
- Number of night soil treatment facilities in Japan 2014, by type
- Major paint manufacturing companies Japan 2020-2021, by sales
- Industry revenue of “event catering and other food service activities“ in the Philippines 2012-2024
Further Content: You might find this interesting as well
Statistics
- Average revenue per paying user with carrier billing in Sweden 2019-2021
- Average revenue per paying user with carrier billing in Brazil 2019-2021
- Average revenue per paying user with carrier billing in Norway 2019-2021
- Use of digital payment methods in last year Australia 2018 by age
- Offline m-payment transactions daily value South Korea 2016-2018
- Mobile payment market share South Korea 2018, by provider
- U.S. voice payments adoption rate in 2017, with forecasts up until 2022
- M-payment transactions daily number South Korea 2018, by type of provider
- Offline m-payment transactions daily number South Korea 2016-2018
- Reasons not to use the smartphone for payments among Australian consumers 2015-2016
- Number of night soil treatment facilities in Japan 2014, by type
- Major paint manufacturing companies Japan 2020-2021, by sales
- Industry revenue of “event catering and other food service activities“ in the Philippines...
Fortumo. (July 27, 2021). Number of mobile wallet users in the Philippines in 2020, with a forecast for 2025 (in millions) [Graph]. In Statista. Retrieved January 29, 2023, from https://www.statista.com/statistics/1258089/philippines-mobile-wallet-users/
Fortumo. "Number of mobile wallet users in the Philippines in 2020, with a forecast for 2025 (in millions)." Chart. July 27, 2021. Statista. Accessed January 29, 2023. https://www.statista.com/statistics/1258089/philippines-mobile-wallet-users/
Fortumo. (2021). Number of mobile wallet users in the Philippines in 2020, with a forecast for 2025 (in millions). Statista. Statista Inc.. Accessed: January 29, 2023. https://www.statista.com/statistics/1258089/philippines-mobile-wallet-users/
Fortumo. "Number of Mobile Wallet Users in The Philippines in 2020, with a Forecast for 2025 (in Millions)." Statista, Statista Inc., 27 Jul 2021, https://www.statista.com/statistics/1258089/philippines-mobile-wallet-users/
Fortumo, Number of mobile wallet users in the Philippines in 2020, with a forecast for 2025 (in millions) Statista, https://www.statista.com/statistics/1258089/philippines-mobile-wallet-users/ (last visited January 29, 2023)
Number of mobile wallet users in the Philippines in 2020, with a forecast for 2025 (in millions) [Graph], Fortumo, July 27, 2021. [Online]. Available: https://www.statista.com/statistics/1258089/philippines-mobile-wallet-users/