This move comes as BSP data shows digital payments in 2024 hit 57.4% of monthly retail transactions—well above the government’s target under the Philippine Development Plan. The company said QR Ph and e-wallets combined represented 76% of total payment volume and 9 in 10 transactions on its platform, pointing to continued growth in mobile-first digital payments among Philippine businesses. PayMongo said the figures reflect broader momentum in digital commerce in the Philippines, as more businesses adopt digital payment channels across online and physical retail. Read more in our articles including "BSP states Apple Pay free to launch in Philippines anytime" and "MAYA Black Mini-Payments Explained".
Apple Pay may enter the Philippine market at any time according to the Bangko Sentral…
Jan 26, 2026
Maya Black purchases made instantly more affordable with Mini Payments When the Maya Black credit…
Jan 18, 2026
After months of speculation and heavy anticipation, you can now use Google Pay in your…
Nov 18, 2025
Apple Pay and Google Pay are now clear to roll out in the Philippines without…
Aug 4, 2025
With the issue of GCash’s ‘system reconciliation’, the Department of Information and Communication Technology (DICT)…
Nov 11, 2024
QR Ph accounted for 55% of total payment volume processed by PayMongo merchants in the…
Jul 2, 2026This move comes as BSP data shows digital payments in 2024 hit 57.4% of monthly retail transactions—well above the government’s target under the Philippine Development Plan. The company said QR Ph and e-wallets combined represented 76% of total payment volume and 9 in 10 transactions on its platform, pointing to continued growth in mobile-first digital payments among Philippine businesses.
PayMongo said the figures reflect broader momentum in digital commerce in the Philippines, as more businesses adopt digital payment channels across online and physical retail.
Our coverage of Philippines digital payments includes: "BSP states Apple Pay free to launch in Philippines anytime"; "MAYA Black Mini-Payments Explained"; "Google Pay now available in the Philippines!". Each article provides unique insights and information.