Spend abroad with the mid-market exchange rate - no markups, and no sneaky transaction fees.
Each country has its own way of moving money, and choosing the right method can sometimes be difficult. That’s why we have curated the most popular and best payment options for you to use in Philippines.
Yes, PayPal is accepted in Philippines.
Wondering what the most popular ways to pay are in Philippines? Explore the top payment options and choose wisely.
Philippines, with a population of around 114.37 million people, has a GDP of approximately 497.50 billion making it the 33rd largest economy in the world. The official currency of Philippines is the Philippine Peso (PHP)
The economy is driven by a large services sector, fueled by remittances from its overseas workforce and a growing business process outsourcing industry. It is a member of ASEAN, with the United States, Japan, and China as its top trading partners.
The e-wallets GCash and Maya dominate the digital landscape in the Philippines, functioning as "super apps" for QR payments (QR Ph), P2P transfers, bill payments, and a wide array of other financial services. Despite their popularity, physical cash in the form of the Peso remains the primary payment method for a significant portion of the population. Real-time and batch bank transfer systems, InstaPay and PESONet, are used for moving money between bank accounts.
Whatever you need to buy during your trip, whether it’s a travel adapter, train ticket or an extra bottle of sunscreen, the Wise Multi-Currency Card has you covered.
You can spend like a local in 150+ countries, as this clever contactless card automatically converts currency at the mid-market exchange rate whenever you spend - for just a small conversion fee.
And for extra convenience, you can add your Wise Multi-Currency Card to your Google Wallet or Apple Wallet. Then you can travel even lighter and pay using just your phone, with no need to pack the physical card.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.