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Thursday, July 10, 2025
Today's Print

PH payment system becomes more seamless

Payments are undergoing a significant evolution, driven by advancements in technology and evolving consumer behaviors.

Visa, a global leader in payments technology, said that in 2025, the payment landscape globally and in the Philippines is set to become more seamless, secure and interconnected.

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“These changes reflect a broader movement toward efficiency and inclusivity, reshaping how individuals and businesses engage with digital transactions,” it said.

Visa said that in 2025, the trend toward cross-border shopping will continue to gain momentum, thanks to growing consumer confidence and innovations in digital platforms.

According to Visa’s Green Shoots Radar Survey, Filipino consumers shopping on cross-border e-commerce sites rose from 27 percent in 2023 to 32 percent in 2024. Nearly one in five Filipino shoppers now makes an overseas e-commerce purchase every month.

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