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Study: More Filipinos see benefits of e-payments

More Filipinos are expanding their use of electronic payments, indicating that they now see the benefits of e-payment services, according to a study titled 2011 Government E-Payments Adoption Ranking (GEAR) commissioned by Visa Inc.

The GEAR study measures the extent to which governments in 62 countries provide e-payment services and the underlying factors that affect government e-payments adoption.

"It is encouraging that governments are expanding their use of electronic payments. This study indicates that governments in the Philippines and the region are seeing the benefits, and this will help us to continue to build infrastructure and deploy electronic payment products and services tailored to their specific priorities," said Elizabeth Buse, Group President of Visa, Asia Pacific, Central Europe, Middle East and Africa (APCEMEA). "As technological advances create new opportunities, Visa will continue to promote the development of electronic payment programs that are secure, affordable and convenient for users in the Philippines and elsewhere,"   said Buse.