10 Best E-Wallets in the Philippines

There have been a lot of negative effects brought about by the pandemic since its onset. But one could not also ignore the myriad of positive ramifications and opportunities it has brought to provide convenience. Remember that during the onset of the pandemic, most establishments temporarily shut down and restricted physical operations to ensure people's safety. Right then, the majority of transactions have been conducted online or digitally as a means of reducing the need for physical interaction. That's when the promotion of online banking systems and digital transactions has been established.

Though we have been using mobile wallets in the past, it became one of the major ways we use for online transactions. Money-related matters were settled mostly through e-Wallets. Using e-wallets was the primary way of sending money, making purchases online, receiving goods, and paying bills. Major online shopping platforms have also offered their own mobile e-wallets to make customer transactions more convenient. Indeed, we are now living in an era where digital technologies are being used at their peak. Even Lumina Homes, have offered our clients convenient ways to transact. So, if you're considering purchasing an affordable house and lot for sale as an investment for your future, contact our accredited sales agents to know more.

E-wallet apps are here to stay thanks to their convenience, despite the restrictions slowly easing and more traditional methods coming back to life. The following is a listing of the top 10 best E-Wallets in the Philippines so you have a better idea of which mobile wallet app to use.

10 Best E-Wallets You Should Use to Pay Your Bills and Transact Online Conveniently

1. Maya

Previously known as PayMaya, this mobile wallet app allows you to store money, receive payments, send money, pay online, and purchase mobile loads. Alternatively, you can transfer funds from here to your bank account or pay your bills. Maya is affiliated with a number of other financial institutions, so you can cash in and cash out as well as pay most of your bills conveniently. The high-interest rate on this account allows you to grow your savings and even mine cryptocurrencies. Try this one today!

2. Gcash

You've probably heard of this ultimate mobile wallet app as this is used widely here in the Philippines. This digital wallet allows you to send money, save money, use credit scores, buy a prepaid load, pay bills, make simple investments, and many other exciting features. Gcash is widely recognized as a staple digital wallet for most smartphones. It was one of the simple digital wallets that have evolved into an all-in-one app with great features.

3. GrabPay

In addition to being a subsidiary of a transportation company, Grabpay also has its own payment system. The Grab services app allows one to make cashless and mobile payments. In addition, you can instantly send and receive money between online banks and mobile wallets using the app. When doing so, remember to consider the service fee. There is no question that it is a legitimate company regulated by the Central Bank of the Philippines. Hence, rest assured that you're using a credible app for your online transactions.

4. BanKo

This is a web-based online banking system owned and operated by the Bank of the Philippine Islands (BPI). The app allows users to open a savings account. The service also allows you to remit money internationally, buy loads, and pay your bills.

As part of BanKo's mission, it provides access to easy, convenient, and affordable loan products that help self-employed microentrepreneurs (SEMEs) start or grow their businesses. BanKo aims to enhance the quality of life of its clients by strengthening their financial capacities and thereby contributing to the economic growth of the country.

5. Dragonpay

Merchants that sell their items online use this payment processor primarily to process their payments. Online sellers and online shoppers are increasingly turning to Dragonpay to receive payments from their buyers as more and more venture into the field. Those who wish to use the app for personal use can download it, register, and pay their bills through it.

6. 7-Eleven Cliqq Pay

7-Eleven is a popular chain of convenience stores across the globe. It is undoubtedly one of the most convenient places where most of us get snacks, hang out, and also secure transactions. The app lets users buy loads, pay bills, and even pay at the cashier for anything they purchase in the store. A simple way to settle one's monthly bills is to tap the "Pay Bills" button, search for the preferred biller, and just present the barcode to the cashier.

7. CoinsPH

In addition to offering online payment solutions, Coins PH offers digital coin trading as well. If you wish, you can sell Bitcoin, Ethereum, or both using Coin PH. This is also a secure digital platform where you store your money electronically. By using Coins PH, you can also pay bills and transfer money online.

8. Moneygment

Self-employed Filipinos are the primary target audience for this app. The system allows you to make payments for government obligations like SSS, PhilHealth, and PAG-IBIG. Additionally, you can use this to send money to friends and family, as well as pay bills and loans. And since it is established to allow payments for government benefits, rest assured that this is a legit digital wallet.

9. AllEasy

By using the AllEasy app, Filipinos can make seamless digital payments, such as sending money and paying bills. You can pay your bill by selecting the Biller from the list of Billers in the AllEasy App and entering the amount you want to pay. Once you've entered the amount, hit the 'Submit' button. Once the transaction has been successfully completed, a note will appear on the AllEasy App. On completion of the transaction, you will receive an SMS.

10. Denarii Cash

This app is mostly used by OFWs who are moving money from the Middle East to the Philippines. Due to the consistent remittances from OFWs, this electronic wallet meets its users' needs. In addition to paying bills and government fees, Denarii Cash also accepts payments for taxes. So, if you're an overseas worker and you wish to manage your money securely, use this platform.

There you have it. Here are the top 10 best digital wallet apps in the Philippines where you can settle bills payment, send money safely, and even grow your money. With digital wallets, you can pay your bills conveniently and quickly.

Lumina Homes is also partnered with most of these e-wallet apps so that buyers can send digital payments and complete secure transactions right from their mobile phones. With a mobile phone, you don't have to carry cash anymore and opt for contactless payments. If you wish to purchase a house and lot in the Philippines, your best options are with us!

We have built communities in strategic locations where you can buy an affordable house and lot for your loved ones and live in a secure subdivision. If you're prepared to invest in your future, visit our website or talk to an accredited Lumina Homes seller.

Become a Lumina Homes owner today!