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Debit Cards in the Philippines

Debit Cards: In-depth Industry Report in the Philippines

  • October 2017
  • 15 pages
  • ID: 840043
In this report:
It has increased its total deposits by ##% which includes savings, time and demand deposits, with savings obtaining the highest increase at ##%.
According to the World Bank Findex 2014, the percentage of Filipino adults with debit cards increased by ##%; however, the proportion that uses debit cards to make payments is just ##%.
Therefore, banking is expected to recover fully from these crucial errors and will eventually return to stability.

Summary

Table of Contents

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The improving economy in the Philippines (PH) continues to drive additional deposit and savings accounts that help sustain growth of debit cards. Furthermore, the growing purchasing power of Filipinos together with a bigger number of business and commercial centres accepting technological innovations, will continue to fuel the category's transaction growth. The country's demographics favour increased consumer spending in the medium term, which can boost the number of transactions and value. Well-educated Filip...

Euromonitor International's Debit Transactions in Philippines report develops the size and structure of the market for ATMs cards, clever cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at top players in the industry (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It affords strategic description of sector forecasts and forecasts to watch.

Data analysis:

market values (historic and estimations), number of company shares and market shares.

Few good reasons for buying this report

Get an in-depth picture of the Debit Transactions market;

Point out growth segments and apprehend elements driving change;

Comprehend the competitive environment, the segment's main actors and major brands;

Use 5-year projections to apprehend how the segment is forecasted to change.

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