The adoption of digital payments in the Philippines has spiked. As per the Bangko Sentral ng Pilipinas (BSP), 40% of retail transactions in 2022 were completed cashless, which is higher than the 30.3% the year before.


The adoption of digital payments in the Philippines has spiked. As per the Bangko Sentral ng Pilipinas (BSP), 40% of retail transactions in 2022 were completed cashless, which is higher than the 30.3% the year before.