The Philippines is among the countries in Southeast Asia seeing sustained growth in mobile payment transactions. In 2020, the value of mobile wallet transactions in the country reached around 15 billion U.S. dollars, with forecast figures reaching as much as 63.5 billion U.S. dollars in 2025.
Total value of transactions using mobile wallet in the Philippines in 2020, with a forecast for 2025 (in billion U.S. dollars)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$69 USD $39 USD / Month *
in the first 12 months
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
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
13
- Italy: transaction value with mobile POS 2016
- Transaction value of mobile money operations in Nigeria 2016-2019
- Distribution of domestic money transfer services 2018, by mobile transaction value
- FinTech Digital Payments transaction value per user in Spain 2020-2024, by segment
- FinTech Digital Payments transaction value per user in Germany 2020-2024, by segment
- FinTech Digital Payments transaction value per user in France 2020-2024, by segment
- Mobile payment transaction value in selected regions 2012-2013
- Average revenue per paying user with carrier billing in Brazil 2019-2021
- Average revenue per paying user with carrier billing in Colombia 2019-2021
- Average revenue per paying user with carrier billing in Norway 2019-2021
- Average revenue per paying user with carrier billing in Sweden 2019-2021
- Offline m-payment transactions daily value South Korea 2016-2018
- Mobile payment market share South Korea 2018, by provider
Further Content: You might find this interesting as well
Statistics
- Italy: transaction value with mobile POS 2016
- Transaction value of mobile money operations in Nigeria 2016-2019
- Distribution of domestic money transfer services 2018, by mobile transaction value
- FinTech Digital Payments transaction value per user in Spain 2020-2024, by segment
- FinTech Digital Payments transaction value per user in Germany 2020-2024, by segment
- FinTech Digital Payments transaction value per user in France 2020-2024, by segment
- Mobile payment transaction value in selected regions 2012-2013
- Average revenue per paying user with carrier billing in Brazil 2019-2021
- Average revenue per paying user with carrier billing in Colombia 2019-2021
- Average revenue per paying user with carrier billing in Norway 2019-2021
- Average revenue per paying user with carrier billing in Sweden 2019-2021
- Offline m-payment transactions daily value South Korea 2016-2018
- Mobile payment market share South Korea 2018, by provider
Fortumo. (July 27, 2021). Total value of transactions using mobile wallet in the Philippines in 2020, with a forecast for 2025 (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 02, 2023, from https://www.statista.com/statistics/1258095/philippines-mobile-wallet-transaction-value/
Fortumo. "Total value of transactions using mobile wallet in the Philippines in 2020, with a forecast for 2025 (in billion U.S. dollars)." Chart. July 27, 2021. Statista. Accessed April 02, 2023. https://www.statista.com/statistics/1258095/philippines-mobile-wallet-transaction-value/
Fortumo. (2021). Total value of transactions using mobile wallet in the Philippines in 2020, with a forecast for 2025 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: April 02, 2023. https://www.statista.com/statistics/1258095/philippines-mobile-wallet-transaction-value/
Fortumo. "Total Value of Transactions Using Mobile Wallet in The Philippines in 2020, with a Forecast for 2025 (in Billion U.S. Dollars)." Statista, Statista Inc., 27 Jul 2021, https://www.statista.com/statistics/1258095/philippines-mobile-wallet-transaction-value/
Fortumo, Total value of transactions using mobile wallet in the Philippines in 2020, with a forecast for 2025 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1258095/philippines-mobile-wallet-transaction-value/ (last visited April 02, 2023)
Total value of transactions using mobile wallet in the Philippines in 2020, with a forecast for 2025 (in billion U.S. dollars) [Graph], Fortumo, July 27, 2021. [Online]. Available: https://www.statista.com/statistics/1258095/philippines-mobile-wallet-transaction-value/