Manila Bulletin
WRN Report: Filipinos trust fintech services that are user-friendly and secure
A survey by WR Numero Research (WRN) indicates that most Filipinos trust financial technology (Fintech) services due to their user-friendly and secure nature.
GCash emerged as the most trusted mobile wallet, with 85% of respondents expressing confidence, citing ease of use (73%), security (55%), and transparency (50%) as key factors.
Binance is the most used and trusted cryptocurrency platform among Filipinos, with 74% of crypto users engaging with it and 52% considering it the most trusted exchange.
A significant majority of Filipinos (87%) believe cryptocurrency is beneficial to the Philippine economy.
Furthermore, 81% of respondents feel the government should support the cryptocurrency industry.
WRN suggests that the number of Filipino cryptocurrency users is likely to increase if current Fintech adoption trends continue.
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