HOW TO BE RISK-FREE IN USING E-PAYMENT SYSTEMS

With the increasing number of Filipinos using the cashless payment systems, this study aims to focus on how consumers can reduce the risks of doing cashless payments not only in online shopping platforms but also as payments to physical stores that allows to do such transactions.However, there is financial inclusion where only 42% Filipinos have access to banks, which triggered the need to have a more effective and efficient way of transmitting money. This spawned the cutting-edge innovation of cashless payments. For one thing, Filipinos are not afraid of technology, and are quick to adapt to changes brought about by technology once convinced that these solve a real need, easy and convenient to use and are secure.