E-payment innovation: Securing the future of e-commerce

AS e-commerce expands, payment systems are evolving to meet the demands of a growing digital economy. New technologies, changing consumer behaviors, and regulatory frameworks are shaping how businesses and consumers transact.

Digital wallets have gained massive popularity due to their convenience and security, particularly during the pandemic. These wallets enable users to make transactions without the need for physical cash or cards, which has led to their widespread adoption in both online and offline settings. Super apps, like GCash, GrabPay, and Maya, which combine multiple services like payments, online shopping, investments, banking, ride-hailing, and food delivery, among others, have made digital wallets even more appealing to consumers.