The Cash Paradox: Why Banknotes Aren’t Disappearing Even as Digital Payments Take Over
Digital payments now make up most retail transactions in the Philippines, yet physical money remains firmly in circulation. The Bangko Sentral ng Pilipinas reported that electronic payments accounted for 64.69% of retail transaction volume in 2025, up from 57.45% in 2024. That looks like a clear move away from cash, Read more