The electronic payment mode continues to grow in popularity as more Filipinos experience the convenience and safety of using this method, a study revealed.
Results of the Visa Consumer Payment Attitudes Study, an online survey done in July 2017 and participated in by 500 Filipinos with monthly income of P12,000 and above, showed that 59 percent of the respondents identified settling their utility bills as the primary reason for using electronic payment, which was unchanged from last year’s survey.
Payments for fashion products came in second at 43 percent and was followed by travel services, 40 percent and beauty products, 36 percent.
Citing the study, Visa Country Manager for the Philippines and Guam Stuart Tomlinson, in a briefing Thursday, said more Filipinos are now into online shopping and are actually buying more items than before.
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