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Business > Top Business
E-payments gaining ground – BSP
By Philippine News Agency
Jul 08, 2022 12:19 am

DIGITAL payments took a larger share of retail payments last year in both volume and value, the Bangko Sentral ng Pilipinas (BPS) reported on Wednesday.

By volume, e-payments accounted for 30.2 percent of all transactions, up from 20.1 percent in 2020. In value terms, meanwhile, they comprised 44.1 percent from 26.8 percent previously.

A general view of the Bangko Sentral ng Pilipinas Building in Malate, Manila. TMT FILE PHOTO

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