Majority of Filipinos are now eager to pay electronically, Visa, Inc. said in a report as it flagged concerns on connectivity and infrastructure.
In a press conference Thursday, July 26, Visa said almost seven out of 10 Filipinos or 69% surveyed expressed confidence go cashless in a day, data from the 2017 Visa Consumer Payment Attitudes Study published recently.
The survey added that 70% of respondents have gone cashless for at least a few days citing convenience and safety as primary concerns.
“Filipinos are seeing the benefits of electronic payments in their lives, and this lead to a change in behavior where they become confident in leading a digital lifestyle,” Stuart Tomlinson, Visa country manager for the Philippines and Guam, was quoted as saying in a statement. — Karl Angelo N. Vidal