87% of Filipinos who were polled increase use of digital payments during pandemic—PayPal
New survey reveals that online consumers prefer cashless in the new normal 93% of Filipino consumers surveyed preferred digital payments over cash during pandemic. From May to August this year, 61% of survey respondents said they had bought from online stores based overseas. 7 of 10 Filipinos who were surveyed expect to shop more from international online stores in the next 3 months. The COVID-19 pandemic has undoubtedly accelerated the adoption of digital solutions for many Filipinos, having a profound impact on how they live, work, and pay. A recent online survey conducted by PayPal revealed that 87% of Filipinos who were polled have increased their usage of digital payments during the pandemic, and 9 in 10 preferred to digital payments over cash during this time. “While cash remains the most dominant method of payment in the Philippines, circumstances brought on by the pandemic have given digital payments a more prominent role in the everyday lives of Filipinos,” said Rajki
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