According to a 2022 survey in the Philippines, 70 percent of respondents stated that they used applications with embedded finance. Among the main reasons for using such apps was because it makes payments easier. The fintech landscape in the country continues to grow, with the government sector pushing for the adaption of digital payment mechanisms in its various operations.
Usage of applications with embedded finance in the Philippines in 2022
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United Overseas Bank. (November 1, 2022). Usage of applications with embedded finance in the Philippines in 2022 [Graph]. In Statista. Retrieved May 16, 2024, from https://www.statista.com/statistics/1345912/philippines-usage-of-embedded-finance-app/
United Overseas Bank. "Usage of applications with embedded finance in the Philippines in 2022." Chart. November 1, 2022. Statista. Accessed May 16, 2024. https://www.statista.com/statistics/1345912/philippines-usage-of-embedded-finance-app/
United Overseas Bank. (2022). Usage of applications with embedded finance in the Philippines in 2022. Statista. Statista Inc.. Accessed: May 16, 2024. https://www.statista.com/statistics/1345912/philippines-usage-of-embedded-finance-app/
United Overseas Bank. "Usage of Applications with Embedded Finance in The Philippines in 2022." Statista, Statista Inc., 1 Nov 2022, https://www.statista.com/statistics/1345912/philippines-usage-of-embedded-finance-app/
United Overseas Bank, Usage of applications with embedded finance in the Philippines in 2022 Statista, https://www.statista.com/statistics/1345912/philippines-usage-of-embedded-finance-app/ (last visited May 16, 2024)
Usage of applications with embedded finance in the Philippines in 2022 [Graph], United Overseas Bank, November 1, 2022. [Online]. Available: https://www.statista.com/statistics/1345912/philippines-usage-of-embedded-finance-app/