Debit Cards in the Philippines
Debit cards in the Philippines have largely been known and treated as ATM cards only. Prior to the outbreak of Coronavirus (COVID-19), the use of debit cards was primarily for making cash withdrawals. This was because most people were either unaware that they could use their debit card to make cashless transactions or were reluctant to use them because of security concerns. However, the COVID-19 pandemic raised consumer awareness, pushing the use of debit cards for direct, cashless transactions,...
Euromonitor International's Debit 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 Debit Card Transactions, Personal Debit 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 Debit 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.
- Debit Cards in the Philippines
- Euromonitor International
- November 2023
- List Of Contents And Tables
- DEBIT CARDS IN THE PHILIPPINES
- KEY DATA FINDINGS
- 2023 DEVELOPMENTS
- The pandemic experience provides a springboard for debit cards
- Digital banks help to accelerate the adoption of debit cards
- InstaPay and PESONet drive debit card usage
- PROSPECTS AND OPPORTUNITIES
- Slower average spend amid challenges to transaction growth
- Product and service improvements to help overcome challenges
- “Cash-lite” concept to develop and grow in the forecast period
- CATEGORY DATA
- Table 1 Debit Cards: Number of Cards in Circulation 2018-2023
- Table 2 Debit Cards Transactions 2018-2023
- Table 3 Debit Cards in Circulation: % Growth 2018-2023
- Table 4 Debit Cards Transactions: % Growth 2018-2023
- Table 5 Debit Cards: Number of Cards by Issuer 2018-2022
- Table 6 Debit Cards: Number of Cards by Operator 2018-2022
- Table 7 Debit Cards Payment Transaction Value by Issuer 2018-2022
- Table 8 Debit Cards Payment Transaction Value by Operator 2018-2022
- Table 9 Forecast Debit Cards: Number of Cards in Circulation 2023-2028
- Table 10 Forecast Debit Cards Transactions 2023-2028
- Table 11 Forecast Debit Cards in Circulation: % Growth 2023-2028
- Table 12 Forecast Debit Cards Transactions: % Growth 2023-2028
- FINANCIAL CARDS AND PAYMENTS IN THE PHILIPPINES
- EXECUTIVE SUMMARY
- Financial cards and payments in 2023: The big picture
- 2023 key trends
- Card and e-payments continue to gain ground at the expense of cash
- Competitive landscape
- What next for financial cards and payments?
- MARKET INDICATORS
- Table 13 Number of POS Terminals: Units 2018-2023
- Table 14 Number of ATMs: Units 2018-2023
- Table 15 Value Lost to Fraud 2018-2023
- Table 16 Card Expenditure by Location 2023
- Table 17 Financial Cards in Circulation by Type: % Number of Cards 2018-2023
- Table 18 Domestic versus Foreign Spend 2023
- MARKET DATA
- Table 19 Financial Cards by Category: Number of Cards in Circulation 2018-2023
- Table 20 Financial Cards by Category: Number of Accounts 2018-2023
- Table 21 Financial Cards Transactions by Category: Value 2018-2023
- Table 22 Financial Cards by Category: Number of Transactions 2018-2023
- Table 23 Consumer Payments by Category: Value 2018-2023
- Table 24 Consumer Payments by Category: Number of Transactions 2018-2023
- Table 25 M-Commerce by Category: Value 2018-2023
- Table 26 M-Commerce by Category: % Value Growth 2018-2023
- Table 27 Financial Cards: Number of Cards by Issuer 2018-2022
- Table 28 Financial Cards: Number of Cards by Operator 2018-2022
- Table 29 Financial Cards: Card Payment Transactions Value by Operator 2018-2022
- Table 30 Financial Cards: Card Payment Transactions Value by Issuer 2018-2022
- Table 31 Forecast Financial Cards by Category: Number of Cards in Circulation 2023-2028
- Table 32 Forecast Financial Cards by Category: Number of Accounts 2023-2028
- Table 33 Forecast Financial Cards Transactions by Category: Value 2023-2028
- Table 34 Forecast Financial Cards by Category: Number of Transactions 2023-2028
- Table 35 Forecast Consumer Payments by Category: Value 2023-2028
- Table 36 Forecast Consumer Payments by Category: Number of Transactions 2023-2028
- Table 37 Forecast M-Commerce by Category: Value 2023-2028
- Table 38 Forecast M-Commerce by Category: % Value Growth 2023-2028
- DISCLAIMER
- SOURCES
- Summary 1 Research Sources