The Philippines is solidifying its position as one of Southeast Asia’s fastest-growing digital economies, sustaining powerful double-digit expansion and moving firmly toward its projected $36-billion Gross Merchandise Value (GMV) by 2025.
Ronin, the blockchain behind Axie Infinity, is taking a big step toward making digital money more practical in everyday life. The network plans to let people use PHPC, a peso-backed digital coin, to pay through QRPH, the Philippines’ national QR payment system.
Mastercard has teamed up with Google to bring Google Pay to the Philippines, allowing select Mastercard cardholders to make secure contactless payments in stores, online and in apps using eligible Android devices.
The Philippines’ rise as a regional consumer powerhouse is gaining new momentum with the surge of Generation Alpha, the country’s youngest and its most digital-first demographic.
Packworks’ study, based on data from over 2,000 store owners, found that nearly half reported a 75 percent increase in e-wallet use between January and August 2025, while 20 percent saw usage double.
Carlo Malana, CEO of Globe- and Ayala-backed STT GDC Philippines, is betting on a 124-megawatt Fairview campus to help turn the country into a regional hub for hyperscalers, cloud providers, and AI-driven growth.
From gig economy freelancers to online sellers and micro-entrepreneurs, the Philippines’ digital workforce is rapidly reshaping how Filipinos earn—and how they pay taxes.
Through their flagship digital upskilling program, eBizNovation, the PLDT Group has helped over 32,000 micro, small, and medium enterprises (MSMEs) nationwide embrace digital transformation.
Bank of the Philippine Islands (BPI) has expanded support for the Paleng-QR Ph program through its e-wallet, VYBE, in key locations— including Iloilo, Antique, and Metro Manila— as part of its push to accelerate digital financial inclusion nationwide.