The number of cashless transactions in the Philippines is increasing. With 60% of Filipinos carrying less cash in their wallets and 84% having tried it out in 2021. This record is proliferating as time passes by.
Digital cashless transactions are an effort-saver for every consumer. This offers a great deal of ease since it enables you to do transactions from anywhere at any time without visiting a store physically. Moreover, it is much faster than the traditional method because you don’t have to wait in a long queue to pay.
Digital payments are now advancing security features such as encryption and two-factor authentication to protect the user’s financial information. It is also easier to track your previous transactions since online cashless payments provide an electronic record of all transactions
Through the use of online payments, you can enjoy the ease and flexibility of digital transactions while benefiting from enhanced security and record-keeping capabilities.