Filipino Cards & Payments Market Analysed in New Cutting-Edge Timetric Report Published at MarketPublishers.com

23 Sep 2013 • by Natalie Aster

LONDON – During 2008–2012, the number of cards in use in the Philippines increased to 54.8 million in 2012 with a 7.65% CAGR, thus contributing to steady growth of the country’s card payments channel. By 2017, the number of cards in circulation is likely to increase to about 73 million, at an estimated CAGR of nearly 5.85% over the next five years. The prepaid cards category dominates the market, and it is poised to grow at the highest CAGR (15.77%) through 2017, supported by increased adoption by corporate firms and the government. The card payments sector is dominated by large local banking groups such as Metrobank, Bank of the Philippine Islands (BPI), Banco de Oro, and Land Bank of the Philippines.

New market research report “Emerging Opportunities in the Philippines’ Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape” developed by Timetric provides unbiased insights into the Philippines’ cards and payments universe.

The study provides historic, current and forecast values for each category of the industry. It examines the industry’s market attractiveness and future growth areas; details the drivers (infrastructural, macroeconomic, consumer and business) and regulations governing the sector; scrutinises the marketing strategies adopted for selling various types of cards (debit, credit, charge and prepaid) used by bankers and other institutions; reviews consumer attitudes and their buying preferences for cards. The research investigates the competitive landscape of the Filipino cards and payments industry, and profiles top players in the field – BDO Unibank, Inc. (BDO), the Bank of the Philippine Islands, Metrobank, the Land Bank of the Philippines (LBP), and Citibank Philippines.

Other companies mentioned in the report include: Visa, MasterCard and American Express.

Report Details:

Emerging Opportunities in the Philippines’ Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape
Published: September, 2013
Pages: 80
Price: US$ 3,995.00

Other Timetric Reports on Cards & Payments Markets Include:

More new studies by the publisher can be found at Timetric page.

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