mybest
E-walletsHelping You Find the Best
mybest
E-walletsHelping You Find the Best
  • 10 Best E-Wallets in the Philippines 2024 | PayMaya, GCash, and More 1
  • 10 Best E-Wallets in the Philippines 2024 | PayMaya, GCash, and More 2
  • 10 Best E-Wallets in the Philippines 2024 | PayMaya, GCash, and More 3
  • 10 Best E-Wallets in the Philippines 2024 | PayMaya, GCash, and More 4
  • 10 Best E-Wallets in the Philippines 2024 | PayMaya, GCash, and More 5

10 Best E-Wallets in the Philippines 2024 | PayMaya, GCash, and More

With the advent of technology, the popularity of e-wallets is almost foreseeable as they provide a quick, safe, and hassle-free payment method for everyone. E-wallet apps offer a great alternative for in-cash payments through your smartphone.


In terms of choices, many e-wallet apps have been released, and they have varying features and functions. Some require verification processes, while others have reward programs for frequent users. To help you select the right digital wallet, check out our 10 best list as well as our buying guide to help you weigh your options.

Last updated 06/05/2024

Quick List - Top E-Wallets

1

PayMaya Philippines, Inc.

PayMaya
PayMaya

Stay Safe With Cashless Transactions

2

Globe Fintech Innovations, Inc.

GCash
GCash

A Digital Wallet for Everyone

3

Grab Holdings

Grab Pay
Grab Pay

Link Your Grab Account to This Mobile Wallet

4

Shopee

ShopeePay
ShopeePay

Experience Online Shopping Without the Hassle

5

Lazada Mobile

Lazada Wallet
Lazada Wallet

Makes Shopping from Lazada More Convenient

Editorial Team
Guide
mybest
Editorial Team

Our recommendation articles are carefully researched and crafted by the mybest Philippines team of writers and editors. To stay true to our company’s mission and vision to help users’ selection process easier, we also collaborate with experts from various fields to ensure that our content stays factual and useful.

Editorial Team's Profile
…Continue reading

Table of Contents

Why You Can Trust Us

Every mybest article is crafted with hours of in-depth research and interviews with experts. Each month, we are continually expanding our database of products based on our research. By emphasizing user insight and reliable information, we deliver trustworthy content to readers.


mybest’s Content Policy

How to Choose an E-Wallet - Buying Guide

We all know that having a one, handy, e-wallet app offers a great deal of convenience, but picking one among the many options can be daunting. Feel free to read our buying guide to learn more about the things that you should keep in mind when choosing a digital wallet app.

1

Consider Its Registration Process

Consider Its Registration Process

E-wallet apps may differ in their registration process. Some may require you to use your mobile number or email to sign-up, while others are more complicated, requiring you to submit a valid ID or link an existing bank account. The former is for those who don't have a bank account, while the latter is for those looking for a more seamless integration of their financial accounts. 


Digital wallets such as GCash require certain steps for you to unlock more features in the app. These might seem like a hassle, but they also add a layer of security and validity to your account. All in all, before choosing an e-wallet app, make sure to do your research on its registration process so you'll know what to prepare to create an account.

2

Pick an App Based on Your Needs

Pick an App Based on Your Needs

E-wallets make our transactions quicker and more convenient in more ways than one. Digital wallets are often used for online transactions, in-store transactions via scan-to-pay, paying bills, sending and receiving money, buying prepaid load, or growing your money through savings or investments.


Online merchants might find e-wallets with a send or receive money feature convenient, while freelancers might prefer those that come with multi-currency transfers. Not all digital wallets offer every transaction feature, so before picking one, it is important to determine first what you're looking for so that you can find the best e-wallet that can meet your needs.

3

Choose an App That Is Secure

Choose an App That Is Secure

Since you can link your bank account to your e-wallet and use it seamlessly, this makes security an important aspect to look into when downloading a digital wallet app. Before choosing an e-wallet, make sure that it has security checks in place such as PINS, passwords, and two-step verification processes.


Also, ensure that the data is highly encrypted and stored in secure servers to protect it against hacking and unauthorized access. Lastly, it helps if the e-wallet is secured by legitimate and reliable banks.

4

Pay Attention to the Transaction Fees and Other Additional Charges

Pay Attention to the Transaction Fees and Other Additional Charges

Some e-wallet apps earn money by charging a small fee for customer transactions. This is common in functions such as sending money and exchanging money across different currencies. There are a few e-wallets that don't charge anything, although these might come at a price, namely, a more complicated registration process or a longer processing period.


While these extra charges may seem small, these might accumulate and be costly for you in the long run, especially if you use your e-wallet regularly. To avoid this, choose a digital wallet that only has a small transaction fee, or better yet, go for those that charge you nothing.

5

Consider the Perks and Other Features

Consider the Perks and Other Features

Some e-wallets allow you to directly link your bank account to the app, making bills payment and online shopping more convenient. Aside from that, e-wallets also offer customer perks such as special offers, coupons, loyalty memberships, gift cards, VIP statuses, and many more. 


For instance, if you shop online, especially in Shopee and Lazada, then you might want to top up your Shopee Pay or Lazada Wallet for convenience. Besides making check-outs faster and easier, you can also avail of their exclusive offers such as cashback deals, discounts, and vouchers.

Was the Buying Guide helpful?

10 Best E-Wallets to Download

Here are the best E-Wallets, ranked according to the points mentioned in our thoroughly researched buying guide (as of 06-04-2024). The products are ranked independently by mybest.
Popularity
Filter

Products

Image

Click to purchase

Key features

Details

Send Money

Receive Money

Scan-To-Pay

Bank Transfer

Pay Bills

Physical Card

Reward

1

PayMaya Philippines, Inc.

PayMaya

PayMaya Philippines, Inc. PayMaya 1

Stay Safe With Cashless Transactions

High Interest Rates if Missions Are Attained, Gain Goreward Points, Seasonal and Holiday Rewards, Cashback Offers

2

Globe Fintech Innovations, Inc.

GCash

Globe Fintech Innovations, Inc. GCash 1

A Digital Wallet for Everyone

Seasonal and Holiday Rewards

3

Grab Holdings

Grab Pay

Grab Holdings Grab Pay 1

Link Your Grab Account to This Mobile Wallet

Grabrewards

4

Shopee

ShopeePay

Shopee ShopeePay 1

Experience Online Shopping Without the Hassle

Discounts on Their Personal Stores

5

Lazada Mobile

Lazada Wallet

Lazada Mobile Lazada Wallet 1

Makes Shopping from Lazada More Convenient

Lazada Coins

6

PayPal Mobile

PayPal

PayPal Mobile PayPal 1

Send and Receive Money Anytime, Anywhere

App-Exclusive Offers

7

Coins Asia

Coins.ph

Coins Asia Coins.ph 1

A Trading Platform for Cryptocurrencies

Coin Rewards Loyalty Points

8

7-Eleven Philippines

CLiQQ by 7-Eleven

7-Eleven Philippines CLiQQ by 7-Eleven 1

Go Cashless and Earn Rewards When You Buy from 7-Eleven Stores

Treats and Goodies for Rewards Catalog

9

Rizal Commercial Banking Corporation

Diskartech

Rizal Commercial Banking Corporation Diskartech 1

Uses Taglish to Make Digital Banking Experience a Lot Easier

Loyalty Points, and Cashback Discounts

10

Palawan Pawnshop

Palawan Pay

Palawan Pawnshop Palawan Pay 1

Dominating With One of the Largest Networks of Branches and Partner Outlets

Referral Program

If you don't see the product you're looking for, you can request that it be listed.
No.1

PayMaya Philippines, Inc.
PayMaya

PayMaya 1
Source:play.google.com

Stay Safe With Cashless Transactions

Do you prefer cashless transactions over cash payments? This e-wallet has got you covered! PayMaya is a free-to-download application that helps you stay safe and secure with contactless transactions. This is possible through its scan-to-pay feature, which allows you to pay via QR code in establishments affiliated with PayMaya. 


Aside from that, this digital wallet also offers the usual e-wallet services such as e-load, money transfers, and bills payment. The best thing about it is that you can avail of the PayMaya physical card, which you can link to the app and pay in stores that accept credit and debit cards.

Send Money
Receive Money
Scan-To-Pay
Bank Transfer
Pay Bills
Physical Card
RewardHigh Interest Rates if Missions Are Attained, Gain Goreward Points, Seasonal and Holiday Rewards, Cashback Offers
View all
Was this Ranking helpful?
No.2

Globe Fintech Innovations, Inc.
GCash

A Digital Wallet for Everyone

From the telecom giant Globe, GCash is a popular e-wallet app that allows you to do a variety of transactions such as cash-in, bills payment, and load purchases. To maximize this digital wallet, consider registering for a "fully-verified status," which gives you access to all GCash services such as cash-out, send money, cash-in through PayPal, banks, and debit cards, and many more.


While some of those features charge a small transaction fee, the app also offers rebates and rewards for your transactions. Also, linking your bank account to GCash is a great way of seamlessly integrating your finances in one handy app. Overall, it is one of the most versatile e-wallets in the Philippines, and its wide variety of services and huge following proves that.

Send Money
Receive Money
Scan-To-Pay
Bank Transfer
Pay Bills
Physical Card
RewardSeasonal and Holiday Rewards
View all
No.3

Grab Holdings
Grab Pay

Link Your Grab Account to This Mobile Wallet

GrabPay, a subsidiary of the top transportation company in the country, is an e-wallet that directly links to Grab services such as GrabRide, GrabMart, and GrabFood. Aside from that, you can also do mobile and cashless payments and receive money all with one Grab account. 


Plus, you can get a GrabPay card through the app, which works like a debit card. This makes purchasing from them and other affiliated companies a whole lot easier. Each transaction can also earn you those sweet Grab rewards! In terms of security, GrabPay is regulated by the Bangko Sentral ng Pilipinas (BSP). 

Send Money
Receive Money
Scan-To-Pay
Bank Transfer
Pay Bills
Physical Card
RewardGrabrewards
View all
No.4

Shopee
ShopeePay

Experience Online Shopping Without the Hassle

If you're a fan of online shopping, then ShopeePay is the way to go. Shopee is one of the leading e-commerce sites in the Philippines, and a ShopeePay account offers a seamless payment method for placing your orders online. Aside from convenience, this digital wallet also offers a wide variety of discounts and promotions on the app.


Instead of linking your bank account or a different e-wallet, the great thing about ShopeePay is that it's built right in your Shopee account. This means that you can monitor your balance anytime and reap amazing benefits such as cash-backs, vouchers, and more. Best of all, ShopeePay is officially registered and regulated by the Bangko Sentral ng Pilipinas (BSP).

Send Money
Receive Money
Scan-To-Pay
Bank Transfer
Pay Bills
Physical Card
RewardDiscounts on Their Personal Stores
View all

Makes Shopping from Lazada More Convenient

Lazada Wallet is a mobile wallet that is directly linked to your Lazada account. With this app, you can pay for goods purchased from Lazada. This makes online shopping more convenient than cash-on-delivery transactions, where you have to prepare the amount you need to pay. 


For those who use the app regularly, you can even receive discount vouchers! You can also immediately get your money back in case of refunds or cancelled orders without going through the hassle of contacting customer support. Keep in mind that the minimum amount you can place in your Lazada Wallet is PHP 20, and the maximum amount is PHP 50,000.

Send Money
Receive Money
Scan-To-Pay
Bank Transfer
Pay Bills
Physical Card
RewardLazada Coins
View all

Send and Receive Money Anytime, Anywhere

PayPal is arguably one of the biggest and most accepted digital payment platforms internationally. Freelancers with foreign clients are familiar with Paypal as it allows users to send and receive money anywhere in the world. Your Paypal account can be directly linked to your bank account, so there's a seamless integration of your finances.


What makes PayPal a great e-wallet is its ability to do multi-currency transfers from over 200 countries without the hassle of converting currency. Despite these features, however, Paypal also comes with some disadvantages, including hefty fees for transactions and no special rewards for transactions.

Send Money
Receive Money
Scan-To-Pay
Bank Transfer
Pay Bills
Physical Card
RewardApp-Exclusive Offers
View all

A Trading Platform for Cryptocurrencies

Licensed by the Bangko Sentral ng Pilipinas (BSP), Coins.ph is a Philippine-based fintech company that aims to make managing personal finances easier for every Filipino. The app is mainly used for cash exchanges even without a linked credit card or bank account. It serves as a digital coin trading platform where you can buy and sell cryptocurrencies such as Bitcoin, Ethereum, XRP, and many more. Also, you can use this digital wallet to shop online, buy prepaid load, and pay for your bills. 


Plus, you get rebates when you pay your utilities and also a PHP 50 reward for every referral. The only drawbacks of Coins.ph are that their exchange rate may be different from international rates because it is fixed by the company, and there are extra charges when you use the app outside of Metro Manila.

Send Money
Receive Money
Scan-To-Pay
Bank Transfer
Pay Bills
Physical Card
RewardCoin Rewards Loyalty Points
View all

Go Cashless and Earn Rewards When You Buy from 7-Eleven Stores

CLIQQ is a mobile app for cashless transactions that you can use in all 7-Eleven stores. To use this app, simply present the e-payment loyalty barcode to the cashier from your mobile phone. For every PHP 25 purchase, you get 1 CLIQQ reward point that you can use to get free drinks, snacks, and more.


To load money into your CLIQQ Pay Wallet, simply click the load wallet button and present the generated barcode to any 7-Eleven cashier. What gives this e-wallet an edge over its competitors is that you can use it even without an Internet connection. Just enter your 4 digit PIN, show the e-payment barcode to the cashier upon payment, and you're good to go!

Send Money
Receive Money
Scan-To-Pay
Bank Transfer
Pay Bills
Physical Card
RewardTreats and Goodies for Rewards Catalog
View all
No.9

Rizal Commercial Banking Corporation
Diskartech

Uses Taglish to Make Digital Banking Experience a Lot Easier

Diskartech is a successful digital banking app that Rizal Commercial Banking Corporation (RCBC) currently offers to Filipino depositors. One thing that makes this app unique is it runs on a Taglish system language, enabling users from all walks of life to grasp the services offered by the bank.


Like other digital banks, Diskartech allows users to open a savings account without going to any physical branch. With an interest rate of 3.5% per annum, this specific financial product already grants depositors the chance to grow their money well. Other services that this digital bank offers include setting up Ipon goals, purchasing load, buying insurance plans, and paying bills. 

Send Money
Receive Money
Scan-To-Pay
Bank Transfer
Pay Bills
Physical Card
RewardLoyalty Points, and Cashback Discounts
View all

Dominating With One of the Largest Networks of Branches and Partner Outlets

As part of the Palawan Pawnshop Group, Palawan Pay boasts one of the largest networks of branches and partner outlets in the Philippines, ensuring that users can easily conduct cash-in and cash-out transactions, even in remote areas. The app's intuitive interface simplifies financial management for users of all backgrounds, offering a comprehensive suite of services, including money transfers, bill payments, mobile load purchases, and QR code payments.

Moreover, Palawan Pay's commitment to financial inclusion sets it apart from competitors, as it aims to bridge the gap for underserved and unbanked populations. Through its reliable services and trusted brand reputation, Palawan Pay empowers millions of Filipinos to take control of their finances and participate in the digital economy.

Send Money
Receive Money
Scan-To-Pay
Bank Transfer
Pay Bills
Physical Card
RewardReferral Program
View all

Author: Katrina Balingit

Editor and Re-editor: Aprille Jarcia, Francis Parado

How We Chose and Ranked Our Recommendations

Our buying guide was carefully researched and crafted by the mybest team of writers and editors. We used the buying guide as a basis for choosing and ranking the app recommendations, and we looked at reviews and ratings from the App Store, Google Play, and more.


Top 5 E-Wallets

No. 1: PayMaya Philippines, Inc.PayMaya

No. 2: Globe Fintech Innovations, Inc.GCash

No. 3: Grab HoldingsGrab Pay

No. 4: ShopeeShopeePay

No. 5: Lazada MobileLazada Wallet

View Full Ranking
The descriptions of each product are referenced from content available on manufacturer, brand, and e-commerce sites.

Most Viewed
Featured Rankings Similar to E-wallets

Accounting Software

10 Best

Search by category

mybest

We connect users with the best tried and true products,
tested by our in-house guides and backed by expert insight.

Copyright mybest All Rights Reserved.