Financial Cards and Payments in the Philippines

Financial Cards and Payments in the Philippines

The number of financial cards in circulation in the Philippines is set to increase significantly in 2024, reflecting a broader trend toward cashless transactions, with electronic payments continuing to gain ground. This trend is driven not only by the increased availability and accessibility of financial cards but also by broader economic factors, such as the growing middle class, expanding digital infrastructure, and the continued rise of e-commerce.

Euromonitor International's Financial Cards and Payments in Philippines report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Financial Cards in Circulation, Mobile Payments, Transactions.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Financial Cards and Payments market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.