The Philippine economy is largely cash-based, with digital payments growing, but still in their infancy. Low transaction account ownership, lack of a national ID, nascent payment infrastructure, and the perceived risk of digital transactions restrict the wider adoption of digital payments. The report presents policy recommendations on: upgrade digital infrastructure; promote digital payments; improve the logistics system; and foster a conducive business...
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INFORMATION
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2020/10/31
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Fiche
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191744
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1
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2024/06/24
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Disclosed
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Philippines Digital Economy Report 2020 : A Better Normal Under COVID-19 - Digitalizing the Philippine Economy Now
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