PHL rides high in digital payment solutions in Asean

Quick Summary:

THE operator of the Unacash app claims that the Philippines is in "a lofty position” in the digital payment solutions sector within Southeast Asia.

Vietnam, displayed a penetration rate of 24.9 percent—a comparable growth rate of 7.1 times—with a 2.8 percent monthly increase.

For users aged fifteen and above, 3.3 percent increase was reflected monthly from September 2018 until July 2024.

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Article Details

Author / Journalist: Rizal Raoul S. Reyes

Category: BusinessStartups

Markets: PhilippinesBruneiCambodiaIndonesiaMalaysiaSingaporeThailandVietnam

Topics: Percent Increase Bnpl Southeast Payment Share Solutions Adoption Digital Data Users

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-29 @ 16:07:00 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 507 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 22774212

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 54 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 12 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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