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

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.

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.

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). 

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).

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.

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.

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.

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!

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. 

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.