Despite the growing trend of digital payments across the Philippines, Siargao remains predominantly a cash-based economy. While some establishments in General Luna have started accepting digital wallets like GCash and credit cards, many local businesses still operate on cash transactions.
Cash Preferred; Digital Payments Limited
Small vendors, tricycle drivers, eateries, and tour operators typically require cash payments. This is especially true outside General Luna or in more remote areas. Many businesses do not have card machines or stable internet connections to process digital payments.
Some restaurants, cafés, and shops in General Luna accept digital wallets like GCash and credit cards. However, this is not universal, and acceptance may vary. Some travelers have reported that while major establishments in General Luna accept GCash and credit cards, other areas, such as island hopping spots, still prefer cash payments.
Limited ATMs and How to Prepare
There are a few ATMs on the island, mostly in General Luna and Dapa. However, these machines often run out of cash, especially during weekends and holidays. Some travelers have reported issues with international cards not working, and withdrawal fees can be high.
Bring enough Philippine pesos to cover all expenses, including transportation, food, tours, and shopping. Carry small bills and coins, as many small vendors and drivers may not have change for large notes. Load your GCash or Maya accounts if you use them, but do not depend solely on them. Use credit cards only for online bookings or large payments where accepted. Avoid depending on ATMs. If you must use one, try to withdraw early in the day and choose more central locations like General Luna.
What Travelers Are Saying
Many visitors find it surprising how few businesses accept cards or digital payments. Some have difficulty paying for meals or activities when they run out of cash. Others find ATMs functional but face long lines or empty machines. Those who arrive prepared with enough cash and e-wallet funds have a smoother experience.
Siargao is an incredible destination with much to offer. However, cash remains the most trusted and widely accepted form of payment on the island. Digital wallets provide some convenience in certain areas, but credit cards are seldom accepted for everyday purchases. Planning ahead and carrying the right amount of cash helps avoid unnecessary difficulties and ensures a better experience on the island.
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