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QR Ph now dominates PayMongo payments
The Philippine Star
|July 03, 2026
QR Ph has overtaken cards and e-wallets as the top payment channel among businesses using PayMongo, as more Filipino merchants shifted to mobile-native payment methods from January to June.
Data from PayMongo Group showed that QR Ph accounted for 55 percent of all payment volume on its platform during the six-month period, up sharply from 16 percent in the same period last year. This represented a year-on-year growth of more than 510 percent.
The fintech firm said the shift marked a major turnaround from 2025, when cards led the platform with a 38-percent share of payment volume. Cards fell to 19 percent this year and declined by eight percent in absolute volume, while e-wallets dropped to 21 percent from 35 percent.
This story is from the July 03, 2026 edition of The Philippine Star.
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