The decline in the number of cards in circulation has been softer in debit cards than in other categories, as the opening of new accounts for savings has partially offset the impact of the closure of accounts due to unemployment and the generally weaker economy. CIMB noted that it recorded growth in savings account openings and personal loan applications during the first three months of lockdown in the Philippines, while CIMB and BPI were amongst the banks to see deposits rise during the pandemi...

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Euromonitor International's Credit Card Transactions in Philippines report establishes the size and structure of the market for ATMs cards, smart cards, Debit 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.

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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, Philippines, 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.
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Table of Contents

KEY DATA FINDINGS
2020 IMPACT
Credit card spending down as travel and eating out is put on hold
With non-essential travel suspended commercial Debit Cards take a hit
Debit Cards suffers as consumers exercise caution

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RECOVERY AND OPPORTUNITIES
Debit Cards faces bright future as lenders encourage uptake
Spending on Debit Cards expected to overtake spending on debit cards in value terms
Spending set to resume from 2021 but challenges remain

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CATEGORY DATA
Table 1 Debit Cards: Number of Cards in Circulation 2015-2020
Table 2 Debit Cards Transactions 2015-2020
Table 3 Debit Cards in Circulation: % Growth 2015-2020
Table 4 Debit Cards Transactions: % Growth 2015-2020
Table 5 Commercial Debit Cards: Number of Cards in Circulation 2015-2020
Table 6 Commercial Debit Cards Transactions 2015-2020

... continued

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