Philippines Lifts Digital Payments to 64.7% of Retail Transactions in 2025
Updated
Updated · Nikkei Asia · Aug 20
Philippines Lifts Digital Payments to 64.7% of Retail Transactions in 2025
2 articles · Updated · Nikkei Asia · Aug 20
Summary
64.7% of Philippine retail transactions were made through digital channels in 2025, bringing cashless payments to nearly two-thirds of the total.
QR Ph, the country's unified QR network, helped drive that shift by widening acceptance and making digital payments easier to use across merchants and platforms.
GCash and Maya were central to the adoption surge, while policy support also accelerated the move away from cash.
The gain narrows the Philippines' gap with Southeast Asia's digital-payment leaders as the country pushes deeper into cashless commerce.