Combined figures on 14 e-wallet applications in the Philippines revealed that there were 58 million active users in 2022, or those who logged into the app at least once in the last 30 days. Despite the decrease from the previous year, the number of active mobile wallet users in the Philippines could grow by 40 percent in 2025.
Total number of active electronic wallet application users in the Philippines in 2021 and 2022, with a forecast for 2025
(in millions)
among those who logged into the app at least once in the last 30 days
Supplementary notes
*Forecast.
E-wallets included in the study were CIS Bayad Center, Coins.ph, eCebuana, GCash, Juan Cash, Lazada Wallet, Mango, MarCo Pay, Maya, Moneygment, PayLoro, Star Pay, Tagcash and Toktokwallet. These e-wallets have both electronic money issuer and operator of payment system licenses from the central bank or are operated in partnership with these licenses.
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Statista. (April 11, 2023). Total number of active electronic wallet application users in the Philippines in 2021 and 2022, with a forecast for 2025 (in millions) [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/1413881/philippines-number-of-active-mobile-wallet-users/
Statista. "Total number of active electronic wallet application users in the Philippines in 2021 and 2022, with a forecast for 2025 (in millions)." Chart. April 11, 2023. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/1413881/philippines-number-of-active-mobile-wallet-users/
Statista. (2023). Total number of active electronic wallet application users in the Philippines in 2021 and 2022, with a forecast for 2025 (in millions). Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/1413881/philippines-number-of-active-mobile-wallet-users/
Statista. "Total Number of Active Electronic Wallet Application Users in The Philippines in 2021 and 2022, with a Forecast for 2025 (in Millions)." Statista, Statista Inc., 11 Apr 2023, https://www.statista.com/statistics/1413881/philippines-number-of-active-mobile-wallet-users/
Statista, Total number of active electronic wallet application users in the Philippines in 2021 and 2022, with a forecast for 2025 (in millions) Statista, https://www.statista.com/statistics/1413881/philippines-number-of-active-mobile-wallet-users/ (last visited November 25, 2024)
Total number of active electronic wallet application users in the Philippines in 2021 and 2022, with a forecast for 2025 (in millions) [Graph], Statista, April 11, 2023. [Online]. Available: https://www.statista.com/statistics/1413881/philippines-number-of-active-mobile-wallet-users/
