#apple pay ph

As reported by Inquirer.net, digital wallet services Apple Pay and Google Pay may arrive in the country. The entry of both services in the Philippines could reshape the payments landscape headed by companies like GCash and Maya. However, this could also bring forth positives like innovation among service providers, improved services, and better integration for international payments. It doesn’t even stop in the country either, as this also brings us access to internationally-recognized payment platforms. As per the BSP, digital payments account for 52.8% of retail transactions. This advances the goal of the bank’s vision of achieving ~60-70% of the country adopting digital payment options by 2028. Introducing Apple Pay and Google Pay will cement the importance of growing the digital aspect of the financial sector nationwide. Apple has introduced a new subscription option on the App Store that lets users pay monthly while committing for 12 months. Read more in our articles including "Apple Pay and Google Pay PH registration is in the works" and "Apple App Store intros monthly payment with 12-month commitment".