Letter From Manila

Cash is still king in Philippines? Maybe, but not for long

GCash is now the largest digital payment platform there for cashless transactions, with 1 in 2 Filipinos – some 50 million – using the app.

GCash, owned by mobile payment firm Mynt, is now the Philippines' largest platform for cashless transactions. PHOTO: MYNT FOR THE STRAITS TIMES
New: Gift this subscriber-only story to your friends and family

MANILA - Until seven months ago, Ms Patria Belardo's biggest irritation was having to hunt for loose change.

She and her husband ride from one house to another on their e-bikes around a large community in Paranaque city, south of the capital Manila, to sell seafood, fruits and vegetables.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

Join ST's Telegram channel here and get the latest breaking news delivered to you.