Credit Cards in the Philippines

November 2019 | 25 pages | ID: C2E05E51B3FEN
Euromonitor International Ltd

Abstracts

Although remaining far below the number of debit and pre-paid cards in circulation in 2019, credit cards continued to record strong growth due to increasing demand, innovative initiatives of credit card players and increasing digitalisation which is supporting the move towards application and approval processes. Greater demand for credit cards is being supported by the increasing trend amongst Filipinos to travel and book holidays online where consumers are more likely to find competitive deals...

Euromonitor International's Credit Card Transactions 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: Commercial Credit Card Transactions, Personal Credit Card 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 Credit Card Transactions 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.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Headlines
Prospects
High Value Attached To Credit Card Usage But Category Offers Further Potential
Banks Attempt To Improve Application Process of Applying for Credit Cards
Further Challenges Ahead for Credit Cards
Competitive Landscape
Major Banks Lose Share To Smaller Dynamic Players
Ride-hailing App Chooses the Philippines As First South East Asia Market To Launch Citi Grab
VISA Aims To Strengthen Security of Credit Cards To Address Fraud Concerns
Category Data
  Table 1 Credit Cards: Number of Cards in Circulation 2014-2019
  Table 2 Credit Cards Transactions 2014-2019
  Table 3 Credit Cards in Circulation: % Growth 2014-2019
  Table 4 Credit Cards Transactions: % Growth 2014-2019
  Table 5 Commercial Credit Cards: Number of Cards in Circulation 2014-2019
  Table 6 Commercial Credit Cards Transactions 2014-2019
  Table 7 Commercial Credit Cards in Circulation: % Growth 2014-2019
  Table 8 Commercial Credit Cards Transactions: % Growth 2014-2019
  Table 9 Personal Credit Cards: Number of Cards in Circulation 2014-2019
  Table 10 Personal Credit Cards Transactions 2014-2019
  Table 11 Personal Credit Cards in Circulation: % Growth 2014-2019
  Table 12 Personal Credit Cards Transactions: % Growth 2014-2019
  Table 13 Credit Cards: Number of Cards by Issuer 2014-2018
  Table 14 Credit Cards: Number of Cards by Operator 2014-2018
  Table 15 Credit Cards Payment Transaction Value by Issuer 2014-2018
  Table 16 Credit Cards Payment Transaction Value by Operator 2014-2018
  Table 17 Commercial Credit Cards: Number of Cards by Issuer 2014-2018
  Table 18 Commercial Credit Cards: Number of Cards by Operator 2014-2018
  Table 19 Commercial Credit Cards Payment Transaction Value by Issuer 2014-2018
  Table 20 Commercial Credit Cards Payment Transaction Value by Operator 2014-2018
  Table 21 Personal Credit Cards: Number of Cards by Issuer 2014-2018
  Table 22 Personal Credit Cards: Number of Cards by Operator 2014-2018
  Table 23 Personal Credit Cards Payment Transaction Value by Issuer 2014-2018
  Table 24 Personal Credit Cards Payment Transaction Value by Operator 2014-2018
  Table 25 Forecast Credit Cards: Number of Cards in Circulation 2019-2024
  Table 26 Forecast Credit Cards Transactions 2019-2024
  Table 27 Forecast Credit Cards in Circulation: % Growth 2019-2024
  Table 28 Forecast Credit Cards Transactions: % Growth 2019-2024
  Table 29 Forecast Commercial Credit Cards: Number of Cards in Circulation 2019-2024
  Table 30 Forecast Commercial Credit Cards Transactions 2019-2024
  Table 31 Forecast Commercial Credit Cards in Circulation: % Growth 2019-2024
  Table 32 Forecast Commercial Credit Cards Transactions: % Growth 2019-2024
  Table 33 Forecast Personal Credit Cards: Number of Cards in Circulation 2019-2024
  Table 34 Forecast Personal Credit Cards Transactions 2019-2024
  Table 35 Forecast Personal Credit Cards in Circulation: % Growth 2019-2024
  Table 36 Forecast Personal Credit Cards Transactions: % Growth 2019-2024
Executive Summary
Solid Performance for Financial Cards But M-commerce Records Most Dynamic Growth Supported by High Penetration of Smartphones
Greater Drive Towards Digitalisation To Support Higher Use of Cashless Transactions
Electronic Fund Transfer Times Improve Through Use of Instapay and Pesonet
Digital Players Disrupt Competitive Landscape of Financial Cards
Strong Performance for Financial Cards Over Forecast Period Although M-commerce Will Continue To Record Most Impressive Growth
Market Indicators
  Table 37 Number of POS Terminals: Units 2014-2019
  Table 38 Number of ATMs: Units 2014-2019
  Table 39 Value Lost to Fraud 2014-2019
  Table 40 Card Expenditure by Location 2019
  Table 41 Financial Cards in Circulation by Type: % Number of Cards 2014-2019
  Table 42 Domestic versus Foreign Spend 2019
Market Data
  Table 43 Financial Cards by Category: Number of Cards in Circulation 2014-2019
  Table 44 Financial Cards by Category: Number of Accounts 2014-2019
  Table 45 Financial Cards Transactions by Category: Value 2014-2019
  Table 46 Financial Cards by Category: Number of Transactions 2014-2019
  Table 47 Consumer Payments by Category: Value 2014-2019
  Table 48 Consumer Payments by Category: Number of Transactions 2014-2019
  Table 49 M-Commerce by Category: Value 2014-2019
  Table 50 M-Commerce by Category: % Value Growth 2014-2019
  Table 51 Financial Cards: Number of Cards by Issuer 2014-2018
  Table 52 Financial Cards: Number of Cards by Operator 2014-2018
  Table 53 Financial Cards: Card Payment Transactions Value by Operator 2014-2018
  Table 54 Financial Cards: Card Payment Transactions Value by Issuer 2014-2018
  Table 55 Forecast Financial Cards by Category: Number of Cards in Circulation 2019-2024
  Table 56 Forecast Financial Cards by Category: Number of Accounts 2019-2024
  Table 57 Forecast Financial Cards Transactions by Category: Value 2019-2024
  Table 58 Forecast Financial Cards by Category: Number of Transactions 2019-2024
  Table 59 Forecast Consumer Payments by Category: Value 2019-2024
  Table 60 Forecast Consumer Payments by Category: Number of Transactions 2019-2024
  Table 61 Forecast M-Commerce by Category: Value 2019-2024
  Table 62 Forecast M-Commerce by Category: % Value Growth 2019-2024
Sources
  Summary 1 Research Sources