Philippines processes payments!


Payments Landscape in the Philippines provides values and volumes for a number of key performance indicators in the industry, including cash, payment cards, and cheques during the review-period (2013-17e).


Also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2017-21f).

Brings together the research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages.

Top-level market analysis, information and insights into the Philippines cards and payments industry:-

- Current and forecast values for each market in the Philippines cards and payments industry, including debit, credit, and charge cards.
- Detailed insights into payment instruments including cheques, cash, and payment cards. It also, includes an overview of the countrys key alternative payment instruments.
- E-commerce market analysis and payment methods.
- Analysis of various market drivers and regulations governing the Philippines cards and payments industry.
- Detailed analysis of strategies adopted by banks and other institutions to market debit, credit, and charge cards.

Scope:-

- To transform the country’s payment system and increase the acceptance of electronic payments, the Bangko Sentral ng Pilipinas (BSP) introduced the Philippine EFT System and Operations Network (PESONet) in November 2017.
- To boost the credit card market, in August 2016 the Philippine Credit Card Industry Regulation Law was introduced granting BSP with powers to supervise all credit card issuers and acquirers operating in the country.
- In order to align with international payment card standards, in November 2014 BSP made it mandatory for banks to shift from the traditional magnetic stripe to more secure EMV chip cards by January 2017.

Reasons to Buy:-

- Make strategic business decisions, using top-level historic and forecast market data, related to the Philippines cards and payments industry and each market within it.
- Understand the key market trends and growth opportunities in the Philippines cards and payments industry.
- Assess the competitive dynamics in the Philippines cards and payments industry.
- Gain insights into marketing strategies used for various card types in the Philippines.
- Gain insights into key regulations governing the Philippines cards and payments industry.

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