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Philippines

Philippine Peso (PHP)

The digital payment industry is booming in the Philippines, with a 30% increase in online payments this year alone. The Philippine Central Bank is aiming to have at least 70% of the adult population banked by 2023.

Philipines flag

Population

111,046,910

Banked Population:

51.37%

Group 427321246

Main industries

Manufacturing, Pharmaceuticals, Electronics, and Agribusiness

Group 427321247

Main imports

Integrated Circuits, Refined Petroleum, Broadcasting Equipment, Office Machine Parts, and Cars

Group 427321248

Main exports

Integrated Circuits, Office Machine Parts, Electrical Transformers, Insulated Wire, and Semiconductor Devices

GDP stats

$3,548.8

Per capita (USD)

5.7%

Growth annually

39

World ranking

Internet usage

68%

Smartphone usage

84.7%

Credit/debit card usage

21%

Population transacting electronically

25%

Group 427321245 1

Total volume of digital payments projected to reach

$31.24B (USD)

QR Code

Landbank

ATM Online

Asia United Bank

Wire Transfer

Bank of Commerce Philippines

Wire Transfer

Chinabank

Wire Transfer

EastWest Bank

Wire Transfer

Maybank

Wire Transfer

Metrobank

Wire Transfer

Philippine National Bank

Wire Transfer

PSBank

Wire Transfer

Robinsons Bank

Wire Transfer

Security Bank

Wire Transfer

QR Code

Maya Bills Pay

eWallet

PayMaya

eWallet

RCBC Diskartech

eWallet

ShopeePay

eWallet

Bank of the Philippine Islands

Instant Bank Wire

Rizal Commercial Banking Corporation

Instant Bank Wire

Unionbank

Instant Bank Wire

I2I Rural Banks

Cash

Villarica

Cash

Landbank

Cash

CRYPTO

Metrobank

Cash

Coins.ph

eWallet

M Lhuillier

Cash

Dragonpay Credit

eWallet

Palawan Pawnshop

Cash

GCash Bills Pay

eWallet

PNB Cash

Cash

Globe GCash

eWallet

Banco de Oro

ATM Offline

Posible

Cash

Grabpay Philippines

eWallet

Rizal Commercial Banking Corporation

ATM Offline

PeraHub Cash

Cash

Moneygment

eWallet

Banco de Oro

Cash

Rizal Commercial Banking Corporation

Cash

Banco de Oro

Cash

Robinsons Department Store

Cash

Bank of the Philippine Islands

Cash

Robinsons Bank

Cash

Chinabank

Cash

Security Bank

Cash

Cebuana Lhuillier

Cash

SM Payment Counter

Cash

CVM Pawnshop and Money Changer

Cash

Tambunting Pawnshop

Cash

ECPay

Cash

Unionbank

Cash

EastWest Bank

Cash

USSC

Cash

Unionbank

Payout

UCPB

Payout

Villarica

Payout

Wealth Development Bank

Payout

Yuanta Savings Bank

Payout

M Lhuillier

Payout

Rural Bank of Guinobatan

Payout

OmniPay Wallet

Payout

Rizal Commercial Banking Corporation

Payout

One Network Bank

Payout

RD Pawnshop Cash Pick up

Payout

Partner Rural Bank Cotabato Inc.

Payout

Robinsons Bank

Payout

PBCom

Payout

Sterling Bank

Payout

Producers Bank

Payout

Security Bank Biz

Payout

Philippine National Bank

Payout

Security Bank

Payout

Grabpay Philippines

Payout

Philippine National Bank Biz

Payout

ShopeePay

Payout

ING Bank

Payout

Philippine Business Bank

Payout

Starpay Corporation

Payout

ISLA Bank

Payout

PeraHub Cash

Payout

Sun Savings Bank

Payout

JP Morgan Chase Bank

Payout

PSBank

Payout

LBC Philippines Cash Pick up

Payout

Philippine Trust Company

Payout

Landbank

Payout

Veterans

Payout

Maybank

Payout

PayMaya

Payout

Metrobank

Payout

Queen City Development Bank

Payout

Malayan Bank

Payout

Quezon Capital Rural Bank

Payout

Asia United Bank

Payout

Chinatrust (Philippines) Commercial Bank Corporation

Payout

Banco de Oro

Payout

Citystate Savings Bank

Payout

Banco de Oro Corporate

Payout

Dungganon Bank

Payout

Banco de Oro

Payout

Development Bank of the Philippines

Payout

Family Savings Bank

Payout

Equicom Savings Bank

Payout

Coins.ph

Payout

EastWest Bank

Payout

Bangko Mabuhay

Payout

Globe GCash

Payout

Bank of Commerce Philippines

Payout

Bank of the Philippine Islands

Payout

Binangonan Rural Bank

Payout

Chinabank

Payout

China Banking Corporation Biz

Payout

CBC Savings

Payout

Cebuana Lhuillier

Payout

Camalig Bank

Payout

AllBank Inc.

Payout

CARD Bank

Payout

Payment Methods in Philippines

All
  • All Methods
  • QR Code
  • ATM Online
  • Wire Transfer
  • Payout
  • eWallet
  • Instant Bank Wire
  • Cash
  • Crypto
  • ATM Offline

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