The arrival of global digital wallets Apple Pay and Google Pay marks a significant milestone in the Philippines’ move toward a more secure and mature cashless payment system, according to payments enabler Fiuu.
The launch reflects growing consumer demand and the country’s readiness to meet international payment standards, though local banks still need to upgrade systems to support these wallets fully.
These digital wallets enhance security by masking card details and reducing fraud risks, offering consumers convenience with tap-to-pay and online checkout options.
Despite challenges, the introduction of Apple Pay and Google Pay is expected to push the Philippine financial sector to improve its security and interoperability.
Fiuu plans to expand its services in the country, providing integrated payment solutions to merchants once the wallets go live.
Source: PhilNews24 | October 20, 2025
PHILIPPINE PAYMENT INDUSTRY CELEBRATES GLOBAL WALLET MILESTONE
Latest from Business
AirAsia won “Asia’s Leading Low-Cost Airline” for the 13th time and “Asia’s Leading Low-Cost Airline Cabin
Megawide Construction Corp. has been awarded a P1.2-billion contract to build the Baguio City Integrated Terminal
The Philippines is working to strengthen trade and investment ties with the European Union (EU), focusing
The government has partnered with internet analyst Ookla to enhance monitoring of internet speeds and outage
The Department of Agriculture (DA) is set to complete 27 new rice processing facilities by the