With restricted mobility and limited options due to the enhanced community quarantine of the whole island of Luzon and local lockdowns of other cities and provinces, Filipinos may opt to send and receive money to and from their loved ones via their mobile phones.
Aside from mobile wallets being more convenient -- as anyone with a mobile digital finance account could transfer money anytime and anywhere -- the use of financial technology for fund transfers also supports the government’s initiative of keeping people in their homes.