Payment channels for investments or insurance payments Philippines 2021

Published by
Christy Balita,
May 16, 2023
According to a recent survey in the Philippines, most respondents preferred to pay for investments or insurance with cash in 2021. In comparison, only six percent said they preferred making payments for their investments or insurance using online banking or apps.

Preferred payment channels for investments or insurance in the Philippines in 2021

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Source

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Release date

August 2022

Region

Philippines

Survey time period

January 13 to May 26, 2022

Number of respondents

1,200 respondents

Age group

15 years old and above

Special properties

among those who made payment

Method of interview

Face-to-face interview, online survey

Supplementary notes

The survey used 2021 as the reference year for the questions.

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Statistics on " Payment methods in Japan "

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Other statistics that may interest you Payment methods in Japan

Overview

6

Cash

5

Cashless payments

5

Card payments

4

Contactless and mobile payments

6

Non-bank money transfers

5

Other payment methods

5

Offline and online shopping

7

Payment behavior

7

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Topics

Payment methods in JapanE-commerce in JapanCashless payments in JapanOnline banking in JapanShopping behavior in Japan
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