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Penetration rate of digital payments in the Philippines in 2024, by segment

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Special properties

All figures are estimates.

Supplementary notes

Data provided by ÌÇÐÄÆƽâ°æ Market ÌÇÐÄÆƽâ°æ are estimates.

Definition:

The Digital Payments market segment is led by consumer transactions and includes payments for products and services which are made over the Internet as well as mobile payments at point of sale (POS) via smartphone applications and cross-border money transfers made over the internet (digital remittances). Transaction value equals money transfers out of the selected region.

Structure:

The three markets in Digital Payments include Digital Commerce, Mobile PoS payments, and Digital Remittances.

Additional Information:

The market comprises transaction values, average transaction value per user, users and user penetration rates. Transaction values in the Digital Payments market segment refers to consumer transactions made via the Internet or mobile wallets.

Citation formats

Digital payments penetration rate Philippines 2024, by segment

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 27, 2025

Concerning the three selected segments, the segment digital payments has the largest penetration rate with percent. Contrastingly, mobile POS payments are ranked last, with **** ±è±ð°ù³¦±ð²Ô³Ù.Ìý

Find other insights concerning similar markets and segments, such as a ranking of subsegments in Brazil regarding number of users in the segment Digital Payments and a ranking of subsegments in the Philippines regarding number of users in the segment Digital Payments.

The ÌÇÐÄÆƽâ°æ Market ÌÇÐÄÆƽâ°æ cover a broad range of additional markets.

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Statistics on " Digital payments in the Philippines "

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Other statistics that may interest you Digital payments in the Philippines

Overview

6

Key indicators

6

Debit and credit card

3

Mobile or e wallets

5

QR transactions

4

Electronic fund transfer

4

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Topics

Digital payments in the PhilippinesBanking in the PhilippinesE-commerce in the PhilippinesMobile apps in the PhilippinesCybersecurity and cybercrime in the Philippines
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