In 2024, victims of consumer fraud using GCash reported losing about 76.5 million Philippine pesos. In contrast, users of PayMaya reported the least value of losses in that year.
These online fraud complaints were filed to The Cybercrime Investigation and Coordinating Center (CICC) which is a government agency responsible for monitoring cybercrime cases in violation of the Cybercrime Prevention Act of 2012.
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Total amount lost by victims of consumer fraud in the Philippines in 2024, by financial platform
(in million Philippine pesos)
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Philippine News Agency. (January 31, 2025). Total amount lost by victims of consumer fraud in the Philippines in 2024, by financial platform (in million Philippine pesos) [Graph]. In Statista. Retrieved July 27, 2025, from https://www.statista.com/statistics/1607197/philippines-amount-lost-by-victims-of-consumer-fraud-by-financial-platform/
Philippine News Agency. "Total amount lost by victims of consumer fraud in the Philippines in 2024, by financial platform (in million Philippine pesos)." Chart. January 31, 2025. Statista. Accessed July 27, 2025. https://www.statista.com/statistics/1607197/philippines-amount-lost-by-victims-of-consumer-fraud-by-financial-platform/
Philippine News Agency. (2025). Total amount lost by victims of consumer fraud in the Philippines in 2024, by financial platform (in million Philippine pesos). Statista. Statista Inc.. Accessed: July 27, 2025. https://www.statista.com/statistics/1607197/philippines-amount-lost-by-victims-of-consumer-fraud-by-financial-platform/
Philippine News Agency. "Total Amount Lost by Victims of Consumer Fraud in The Philippines in 2024, by Financial Platform (in Million Philippine Pesos)." Statista, Statista Inc., 31 Jan 2025, https://www.statista.com/statistics/1607197/philippines-amount-lost-by-victims-of-consumer-fraud-by-financial-platform/
Philippine News Agency, Total amount lost by victims of consumer fraud in the Philippines in 2024, by financial platform (in million Philippine pesos) Statista, https://www.statista.com/statistics/1607197/philippines-amount-lost-by-victims-of-consumer-fraud-by-financial-platform/ (last visited July 27, 2025)
Total amount lost by victims of consumer fraud in the Philippines in 2024, by financial platform (in million Philippine pesos) [Graph], Philippine News Agency, January 31, 2025. [Online]. Available: https://www.statista.com/statistics/1607197/philippines-amount-lost-by-victims-of-consumer-fraud-by-financial-platform/
