Save, Shop, Pay Bills, and More: Best E-Wallets in the Philippines

Jay Pagkatotohan

Jay Pagkatotohan

Last updated January 05, 2023

Gone are the days when you had to fish your wallet from your bag or rummage through your pockets to pay for your dinner or groceries. We’re now in an era where cashless and contactless payments are the way to go—all thanks to e-wallets in the Philippines.

New to mobile wallets? Don’t worry! We’ve prepared a comprehensive guide on these handy applications and the top e-wallets in the Philippines you may want to check out. Let’s get started!

What is an E-Wallet?

Also called a mobile wallet, an e-wallet is a term for any online solution or application that allows you to store money, pay for your online and in-store purchases, send money, and even settle bills. Think of it as the digital counterpart of a physical wallet or coin purse, only with more capabilities.

E-wallets normally take the form of a smartphone app. But depending on the app, you may also be able to access them via your desktop computer.

To top up your e-wallet, all you need to do is connect your bank or debit account to it. You can also load your mobile wallet by depositing cash at the wallet’s partner physical merchants and shops.

Benefits of Using E-Wallets in the Philippines

E-wallets in the Philippines possess a lot of features to make your everyday financial transactions easier and more efficient. With a mobile wallet, you get to enjoy the following benefits:

👍 It’s Convenient

This is the main reason you need one. Imagine not having to carry cash to buy goods, pay bills, or send money to your loved ones. Since everything’s online, it only makes sense to use an online mode of payment, too.

👍 It Encourages Contactless Payments

There was a time when we all practiced social distancing, so downloading a mobile wallet for contactless payments made sense. While life has somehow gone back to normal these days, it’s still safer—not to mention more convenient—to continue using e-wallets. All it takes is just a few taps on your smartphone.

👍 It Helps You Monitor Your Spending

With an e-wallet, you won’t have to count your cash just to check how much is left. Just log in to your app to see the remaining balance right away. Your mobile wallet also records your previous transactions, allowing you to track your spending.

👍 It Lets You Invest

The best e-wallets in the Philippines don’t just store your money—they also let you grow it through investment products and cryptocurrencies. Accessing the investment money is a breeze since it’s already in your mobile wallet.

👍 It Gives Access to Exclusive Promos

Most mobile wallets offer exclusive deals and discounts to their users. So don’t ignore those notifications. You might just end up saving on your online purchases!

Top 10 E-Wallets in the Philippines

The industry of mobile wallets in the Philippines is thriving, which means you have a lot of options to choose from. Below is a list of the best e-wallets in the Philippines and their key features.


e-wallet philippines - GCASH

Ideal for: People looking for an all-in-one wallet

GCash Key Features:

  • Express Send - Send and receive money instantly
  • GSave - Open a savings account right from your phone
  • GCredit - Qualify for a credit line of up to ₱30,000
  • GFunds - Invest in various investment funds to grow your money
  • GCrypto - Trade cryptocurrencies through this upcoming feature
  • GInsure - Buy an insurance policy
  • Pay bills with a QR code

If you’re opening a mobile wallet for the first time, GCash is a good place to start. Currently, it’s the most versatile online wallet app out there. From paying bills to investing money, you can do most of your online transactions in just one app.

And just to be clear, you don’t need a Globe number to open an account. Registration is open to all networks!


e-wallet philippines - MAYA

Ideal for: People looking for a high-interest savings account

Maya Key Features:

  • Open a savings account with up to 6% interest
  • Personalize fund transfers and requests with a username
  • Settle bills with 1,500 billers and cash in for free at 90,000+ partners 
  • Pay bills with a QR code
  • Get a Maya card (Visa and Mastercard) for cash withdrawals and in-store and online shopping
  • Invest in cryptocurrencies with beginner-friendly features

Formerly PayMaya, Maya is more than just a digital bank.[1] It also doubles as a mobile wallet app in the Philippines that you can use in your everyday transactions. With this GCash alternative, you can open a savings account that yields up to 6% interest, thus growing your money faster than in traditional bank accounts.

Dabbling in crypto? Invest in popular virtual currencies, such as Bitcoin, through Maya’s separate crypto wallet. Its features are beginner-friendly, so you won’t have to struggle with a steep learning curve when figuring out how to use it.

e-wallet philippines - COINS.PH

Ideal for: People looking to dabble in cryptocurrencies Key Features:

  • Buy bitcoin and other cryptocurrencies
  • Reload your Beep card and EasyTrip account
  • Buy game credits and get exclusive discounts and deals
  • Receive cash rebates by paying bills and buying prepaid load

Interested in dealing with cryptocurrencies? Get a head start by downloading the app, another Gcash alternative. It’s a mobile wallet in the Philippines that’s powered by blockchain technology.

That aside, you can perform all your usual online transactions with You can also reload your Beep card and EasyTrip account in just a few taps.

The best thing about You don’t need to have a bank account or a credit card to use its services. This makes it an ideal and inclusive option for many unbanked Filipinos.


e-wallet philippines - GRABPAY

Ideal for: People who use Grab services a lot

GrabPay Key Features:

  • Book Grab rides, GrabFood, and other Grab services seamlessly
  • Pay for online purchases and in-store purchases
  • Pay bills from a wide range of billers nationwide
  • Enjoy exclusive deals and discounts from Grab

If you enjoy using Grab services on a regular basis, then you should upgrade to their GrabPay payment option. Aside from booking Grab rides and other Grab services easily, you can use your Grab digital wallet to pay for online and in-store purchases, monthly bills, and prepaid load, among others. Enjoy frequent Grab rewards and promos as well.


e-wallet philippines - MONEYGMENT

Ideal for: People who regularly transact with government agencies

Moneygment Key Features:

  • Easily pay for tax filings and government contributions, such as Pag-IBIG, PhilHealth, and SSS
  • Send and receive money from loved ones abroad.
  • Buy an insurance policy
  • Pay loans and investments
  • Settle bills with a wide range of billers nationwide
  • Access its user-friendly interface easily

Looking for a new way to pay government dues or receive money from abroad? Check out the Moneygment app. Aside from the usual digital wallet functions, Moneygment offers an alternative way to pay taxes, loan payments, government contributions, and others.

Moneygment is primarily designed for self-employed individuals, homemakers, OFWs, small to medium enterprises, and unbanked Filipinos.[2] It has a friendly user interface (UI), so even the less tech-savvy people can start managing their finances better.

7-Eleven CLiQQ Rewards

e-wallet philippines - CLIQQ

Ideal for: People who constantly shop at 7-Eleven

7-Eleven CLiQQ Rewards Key Features:

  • Earn rewards points for any purchase at 7-Eleven stores
  • Pay bills, government fees, and other types of payments
  • Enjoy exclusive discounts and promos from 7-Eleven
  • Convert your points to free meals and other items
  • Send points to loved ones

Is shopping at the nearest 7-Eleven store part of your daily routine? Then you should have the 7-Eleven CLiQQ Rewards app installed on your phone already. Earn points for every purchase by presenting your QR code and score discounts, free meals, and other freebies.

You can also purchase grocery essentials online at much lower prices through CLiQQ. Then just pick them up 24/7 at a 7-Eleven branch near you.


e-wallet philippines - TOKTOKWALLET

Ideal for: People who frequently use toktok services

toktokwallet Features:

  • Enjoy cashless and contactless payments for toktok services
  • Enjoy secure transactions, as every transaction requires a PIN
  • Send money with minimal fees
  • Cash in and cash out at reputable partner banks, such as Metrobank, LANDBANK, PNB, RCBC, and Security Bank, among others

toktokwallet is one of the e-wallets in the Philippines produced by a delivery service brand. This app is designed to make payments for toktok services easier. As long as you top up this mobile wallet with enough money, you can easily and seamlessly avail of the following services: toktokdelivery, toktokpabili, toktokmall, and toktokfood.


e-wallet philippines - PAYPAL

Ideal for: People mostly dealing with overseas transactions

PayPal Key Features:

  • Send and receive money from anywhere in the world
  • Link your local credit or debit card for overseas purchases
  • Request money and get paid easily with links
  • Split bills
  • Trade cryptocurrencies
  • Pay with a QR code

There’s plenty of reasons why PayPal has always been a freelancing essential. For one, it’s one of the most trusted e-wallets in the Philippines and globally since it’s easy to receive payments from clients abroad. You can also use it to send and receive money from your loved ones abroad. More importantly, it makes paying for international purchases and subscriptions more convenient.

Investing in crypto? PayPal also lets you buy, hold, and sell cryptocurrencies.  

Lazada Wallet

e-wallet in the philippines - LAZADA

Ideal for: People who constantly shop at Lazada

Lazada Wallet Features:

  • Make order payments from Lazada a lot more convenient
  • Shop more, pay later with Lazada Loans
  • Pay bills from a wide range of billers nationwide
  • Enjoy exclusive deals and discounts from Lazada

Even Lazada online shoppers can now have their own e-Wallet. Say goodbye to finding spare change when your delivery arrives. Just order, pay using your Lazada Wallet,[3] and receive your package.

Plus, activating your Lazada Wallet gives you access to Lazada Loans so you can shop now and pay later.


e-wallet in the philippines - SHOPEEPAY

Ideal for: People who constantly shop at Shopee

ShopeePay Features:

  • Enjoy exclusive discount vouchers and mobile load offers
  • Settle bills with more than 200 billers nationwide. Bills payment comes with an automatic reminder feature
  • Pay online transactions and loans
  • Scan to pay for your purchases at stores, restaurants, gas stations, and other establishments that accept ShopeePay
  • Send money to ShopeeyPay accounts and other e-wallets in the Philippines

If you’re more of a Shopee user, ShopeePay makes a practical payment option for your hauls. This digital wallet in the Philippines helps you save on your shopping by giving you access to exclusive discount vouchers, merchant discounts, and free shipping.

Are you a gamer who uses Garena Shells? Top up using ShopeePay and get cashback worth 10 coins.

Final Thoughts

Isn’t it amazing that all it takes to pay is just a few taps on your smartphone? Thanks to e-wallets in the Philippines, you can keep your money safe and complete various transactions without whipping out wads of cash.

The best digital wallets in the Philippines each have their own specific and unique functions. As such, it would be wise to use more than one mobile wallet. For example, you can use GCash as your primary wallet and then download a GCash alternative to access features your main wallet doesn’t have.  

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Jay is a marketing communications professional who specializes in short-form and long-form content. He has written ads for TV, radio, print, and digital. He has also produced corporate blogs, magazine features, white papers, product listings, reviews, and press releases for clients here and abroad. When he’s not writing, Jay plays the piano or takes pictures for his visual diary. Follow Jay on LinkedIn.


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