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.avif)
Philippines
.avif)
Top e-commerce industries
23.8%
Electronics
18.7%
Hobby & Leisure
19.2%
Fashion
Furniture & Homeware
Care Products
DIY
Grocery
Manila
Capital
118.3M
Population
+8
Time Zone (GMT)
PHP (₱)
Currency
Philippine peso
$292.1B
Transactions
value in 2028
28.5%
CAGR
of Digital Payments
during 2025-2028
during 2025-2028
Popularity of e-commerce payment methods
Extend your reach

Method
GCash
GCash
LPM Market Share
63%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
E-wallet
Local Card Scheme
Users
76M
Disbursements
No
No
Chargebacks
$25.00
Authorization currency
PHP
Authorization
speed
speed
Instant
Recurring
No
No

GrabPay is a digital wallet offered by Grab. GrabPay simplifies everyday transactions by seamlessly integrating payments into Grab’s ecosystem, allowing users to make cashless payments for Grab services (e.g., rides, food delivery), as well as for online and in-store purchases with other third-party businesses
Method
GrabPay
GrabPay
LPM Market Share
15%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
E-wallet
Local Card Scheme
Users
100M
Disbursements
No
No
Chargebacks
$25.00
Authorization currency
PHP
Authorization
speed
speed
Instant
Recurring
No
No

Method
Maya
Maya
LPM Market Share
37%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
E-wallet
Local Card Scheme
Users
44M
Disbursements
No
No
Chargebacks
$25.00
Authorization currency
PHP
Authorization
speed
speed
Instant
Recurring
No
No

InstaPay QR is a key feature of InstaPay, a real-time electronic fund transfer service in the Philippines. This system streamlines bank transfers between banks and e-wallets through a standardized QR code. By simplifying transactions, InstaPay QR delivers a seamless payment experience for both businesses and consumers, driving convenience and fostering greater financial inclusion across the country
Method
InstaPay (QR Ph)
InstaPay (QR Ph)
LPM Market Share
16%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Bank Transfer
Local Card Scheme
Users
19M
Disbursements
Yes
Yes
Chargebacks
$25.00
Authorization currency
PHP
Authorization
speed
speed
Instant
Recurring
No
No

Method
Pay by Bank (PH)
Pay by Bank (PH)
LPM Market Share
33%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Bank Transfer
Local Card Scheme
Users
n/a
Disbursements
No
No
Chargebacks
$25.00
Authorization currency
PHP
Authorization
speed
speed
Instant
Recurring

Method
Coins.ph
Coins.ph
LPM Market Share
n/a
Payments
Yes
Refunds
No - refunds not supported
Type
Others
Local Card Scheme
Users
18M
Disbursements
No
No
Chargebacks
$25.00
Authorization currency
Authorization
speed
speed
Instant
Recurring
No
No