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Philippines

PH · PHL · 608Asia-PacificPHP ₱34 methods

4 sources

In 2025, e-commerce transaction value in the Philippines was split between digital wallets 41%, cash 23%, account-to-account payments 13%, credit cards 11%, debit cards 7%, prepaid cards 3%, and buy now, pay later 2%.

$24 bn
e-commerce spend · 2025
67.3%
internet use
50.2%
banked adults
MixMethodsBehaviourBanksSourcesFacts

Payment mix

share of e-commerce spend · 2025
  • Digital wallets41%
  • Cash23%
  • Account-to-account13%
  • Credit cards11%
  • Debit cards7%
  • Prepaid cards3%
  • Buy now, pay later2%

Methods in use

top 8 of 34
All 34 methods in Philippines →

Checkout behaviour

The World Bank population series gives 116,786,962 people in 2025. Internet use was 67.3% of people in 2024. Account ownership was 50.2% of adults in 2024.

Facts
ISO 3166
PH · PHL · 608
Region
Asia-Pacific
Population
116,786,962
Currency
PHP ₱
Banked adults
50.2%
Methods live
34
Banks covered
6
Largest banks
Compare with
VietnamThailandMalaysiaAustralia
Sources
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