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4 cashless payment solutions available to Filipino business owners

OVER the last few years, cashless payments have now gone toe to toe in popularity with traditional payment methods such as cash and credit. This definitely applies in a country like the Philippines, where many have grown accustomed to paying for goods and services without exclusively using cash. In fact, in a recent study by Visa, up to 50 percent of Filipino consumers stated that they had carried less cash for daily activities in 2022 and had opted instead for other payment methods like cards and mobile wallets. The same study reported that only 6.4 out of every 10 purchases had been paid for in cash that same year, a significant dip from 7.8 out of 10 purchases in 2021. ....

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