The Philippines is among the countries in Southeast Asia seeing sustained growth in mobile payment transactions. In 2020, the volume of mobile wallet transactions in the country reached around 0.97 billion, with forecast figures reaching as much as 8.99 billion in 2025.
Total volume of transactions using mobile wallet in the Philippines in 2020, with a forecast for 2025 (in billions)
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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 2017-2022
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
11
- Third-party mobile payment transaction volume in China 2011-2020
- Third-party mobile payment transaction volume annual growth in China 2011-2020
- Global mobile payment revenue in 2015, with forecasts up until 2019
- Breakdown of third-party payment transactions in China 2013-2020, by segment
- Transaction size of third-party mobile payment market in China 2013-2021
- Biggest payment processors in the UK, by number of transactions acquired 2013-2017
- GMV of mobile payment transactions in China Q3 2018-Q4 2021
- Average revenue per paying user with carrier billing in Norway 2019-2021
- 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 Colombia 2019-2021
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Statistics
- Third-party mobile payment transaction volume in China 2011-2020
- Third-party mobile payment transaction volume annual growth in China 2011-2020
- Global mobile payment revenue in 2015, with forecasts up until 2019
- Breakdown of third-party payment transactions in China 2013-2020, by segment
- Transaction size of third-party mobile payment market in China 2013-2021
- Biggest payment processors in the UK, by number of transactions acquired 2013-2017
- GMV of mobile payment transactions in China Q3 2018-Q4 2021
- Average revenue per paying user with carrier billing in Norway 2019-2021
- 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 Colombia 2019-2021
Fortumo. (July 27, 2021). Total volume of transactions using mobile wallet in the Philippines in 2020, with a forecast for 2025 (in billions) [Graph]. In Statista. Retrieved March 28, 2023, from https://www.statista.com/statistics/1258091/philippines-mobile-wallet-transaction-volume/
Fortumo. "Total volume of transactions using mobile wallet in the Philippines in 2020, with a forecast for 2025 (in billions)." Chart. July 27, 2021. Statista. Accessed March 28, 2023. https://www.statista.com/statistics/1258091/philippines-mobile-wallet-transaction-volume/
Fortumo. (2021). Total volume of transactions using mobile wallet in the Philippines in 2020, with a forecast for 2025 (in billions). Statista. Statista Inc.. Accessed: March 28, 2023. https://www.statista.com/statistics/1258091/philippines-mobile-wallet-transaction-volume/
Fortumo. "Total Volume of Transactions Using Mobile Wallet in The Philippines in 2020, with a Forecast for 2025 (in Billions)." Statista, Statista Inc., 27 Jul 2021, https://www.statista.com/statistics/1258091/philippines-mobile-wallet-transaction-volume/
Fortumo, Total volume of transactions using mobile wallet in the Philippines in 2020, with a forecast for 2025 (in billions) Statista, https://www.statista.com/statistics/1258091/philippines-mobile-wallet-transaction-volume/ (last visited March 28, 2023)
Total volume of transactions using mobile wallet in the Philippines in 2020, with a forecast for 2025 (in billions) [Graph], Fortumo, July 27, 2021. [Online]. Available: https://www.statista.com/statistics/1258091/philippines-mobile-wallet-transaction-volume/