Concerns surrounding high interest rates and fears of getting scammed remain the top barriers to credit use among Filipinos
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Some financial technology products commonly used by Filipinos are e-wallets , online banks , and digital payment apps . 15% more Filipinos also said they wanted to borrow from traditional and digital banks, while less intend to borrow from family or friends.
Cashless Payments Finance Industry Financial Technology Business Apps Consumer Issues Personal Finance Technology
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