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Digital payments growth seen to remain robust post-pandemic

MANILA - Growth of digital payments post-pandemic is expected to remain strong as more people realize the convenience it brings as well as the introduction of more innovative services. In a virtual briefing on Tuesday, Visa Country Manager for the Philippines and Guam Dan Wolbert said importance of cashless transactions and digital payments was appreciated during the pandemic, following the movement restrictions imposed to address the spread of coronavirus disease 2019 (Covid-19). Initially, people used it to buy necessities following the lockdowns but later on utilized it for convenience, he said during the launch of the 2021 Visa Consumer Payments Attitudes Study. "And so, we anticipate this trend to continue. And consumer behavior not only will continue but will accelerate as more and more services and capabilities will bring and will make this type of transactions simpler and easier and more functional," he said. Results of Visa's annual online Consumer Payments Attit

Share of consumers that tried cashless payments in 2021 rises to 84%, Visa says

Share of consumers that tried cashless payments in 2021 rises to 84%, Visa says
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