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PUBLISHER: Euromonitor International | PRODUCT CODE: 1979832
PUBLISHER: Euromonitor International | PRODUCT CODE: 1979832
Financial Cards and Payments in the Philippines
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PAGES: 53 Pages
DELIVERY TIME: 1-2 business days
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Cards in circulation in the Philippines increased in 2025, with growth driven by credit and debit cards as banks and digital players expanded issuance through app-based onboarding, bundled accounts and government-linked programmes. Credit card acquisition strengthened as issuers improved servicing and launched lifestyle-led products, while debit cards moved further into everyday spending as digital banks promoted cashless use cases. Fintech momentum added new entry points to formal credit, inclu...
Euromonitor International's Financial Cards and Payments 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: Financial Cards in Circulation, Mobile Payments, 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 Financial Cards and Payments 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 50 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, Bengaluru, Sao Paulo, Seoul, Hong Kong, Dusseldorf and Mexico City and a network of analysts in 100 countries, Euromonitor International has a unique capability and an understanding of diverse markets to develop reliable information resources to help drive informed strategic planning. To learn more about how our research solutions can support you, contact your local Euromonitor International office.
Product Code: FCPH
TABLE OF CONTENTS
List Of Contents And Tables
EXECUTIVE SUMMARY
- Digital-first issuance lifts cards in circulation
KEY DATA FINDINGS
INDUSTRY PERFORMANCE
- Credit and debit cards drive up number of cards in circulation
- Product innovation and digital onboarding boost financial card usage.
- Digital banks gain ground, improving financial inclusion
WHATS NEXT?
- Cards in circulation will rise further in forecast period
- Digitalisation and mobile wallets to drive progress
COMPETITIVE LANDSCAPE
- BDO and Mastercard as leading players
- EastWest band focuses on lifestyle and retail
MARKET INDICATORS
- Table 1 Number of POS Terminals: Units 2020-2025
- Table 2 Number of ATMs: Units 2020-2025
- Table 3 Value Lost to Fraud 2020-2025
- Table 4 Card Expenditure by Location 2025
- Table 5 Financial Cards in Circulation by Type: % Number of Cards 2020-2025
- Table 6 Domestic versus Foreign Spend 2025
MARKET DATA
- Table 7 Financial Cards by Category: Number of Cards in Circulation 2020-2025
- Table 8 Financial Cards by Category: Number of Accounts 2020-2025
- Table 9 Financial Cards Transactions by Category: Value 2020-2025
- Table 10 Financial Cards by Category: Number of Transactions 2020-2025
- Table 11 Consumer Payments by Category: Value 2020-2025
- Table 12 Consumer Payments by Category: Number of Transactions 2020-2025
- Table 13 M-Commerce by Category: Value 2020-2025
- Table 14 M-Commerce by Category: % Value Growth 2020-2025
- Table 15 Financial Cards: Number of Cards by Issuer 2020-2024
- Table 16 Financial Cards: Number of Cards by Operator 2020-2024
- Table 17 Financial Cards: Card Payment Transactions Value by Operator 2020-2024
- Table 18 Financial Cards: Card Payment Transactions Value by Issuer 2020-2024
- Table 19 Forecast Financial Cards by Category: Number of Cards in Circulation 2025-2030
- Table 20 Forecast Financial Cards by Category: Number of Accounts 2025-2030
- Table 21 Forecast Financial Cards Transactions by Category: Value 2025-2030
- Table 22 Forecast Financial Cards by Category: Number of Transactions 2025-2030
- Table 23 Forecast Consumer Payments by Category: Value 2025-2030
- Table 24 Forecast Consumer Payments by Category: Number of Transactions 2025-2030
- Table 25 Forecast M-Commerce by Category: Value 2025-2030
- Table 26 Forecast M-Commerce by Category: % Value Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
SOURCES
- Summary 1 Research Sources
DEBIT CARDS IN THE PHILIPPINES
KEY DATA FINDINGS
2025 DEVELOPMENTS
- Debit cards gain everyday relevance beyond cash withdrawals
INDUSTRY PERFORMANCE
- Expansion in debit card access and cashless usage
- Security remains a key issue in debit card usage
WHAT'S NEXT?
- Debit card transactions set to rise over forecast period, with digital banks driving innovation and inclusion
- Government-linked debit cards to expand reach, while new products focus on luxury and sustainability
COMPETITIVE LANDSCAPE
- Visa leads in network terms, BDO in issuance
- GoTyme launches app-based virtual Visa as Mastercard expands
CATEGORY DATA
- Table 27 Debit Cards: Number of Cards in Circulation 2020-2025
- Table 28 Debit Cards Transactions 2020-2025
- Table 29 Debit Cards in Circulation: % Growth 2020-2025
- Table 30 Debit Cards Transactions: % Growth 2020-2025
- Table 31 Debit Cards: Number of Cards by Issuer 2020-2024
- Table 32 Debit Cards: Number of Cards by Operator 2020-2024
- Table 33 Debit Cards Payment Transaction Value by Issuer 2020-2024
- Table 34 Debit Cards Payment Transaction Value by Operator 2020-2024
- Table 35 Forecast Debit Cards: Number of Cards in Circulation 2025-2030
- Table 36 Forecast Debit Cards Transactions 2025-2030
- Table 37 Forecast Debit Cards in Circulation: % Growth 2025-2030
- Table 38 Forecast Debit Cards Transactions: % Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
CREDIT CARDS IN THE PHILIPPINES
KEY DATA FINDINGS
2025 DEVELOPMENTS
- Faster onboarding and lifestyle positioning lift credit card usage
INDUSTRY PERFORMANCE
- Credit card acquisition and usage accelerate in 2025
- Fraud remains rising challenge
WHAT'S NEXT?
- Credit card transactions are set to rise over forecast period
- Contactless and tokenised payments will accelerate usage while regulatory shifts reshape market
COMPETITIVE LANDSCAPE
- Mastercard leads operators, while neobanks drive innovation
- BDO as biggest issuer
CATEGORY DATA
- Table 39 Credit Cards: Number of Cards in Circulation 2020-2025
- Table 40 Credit Cards Transactions 2020-2025
- Table 41 Credit Cards in Circulation: % Growth 2020-2025
- Table 42 Credit Cards Transactions: % Growth 2020-2025
- Table 43 Commercial Credit Cards: Number of Cards in Circulation 2020-2025
- Table 44 Commercial Credit Cards Transactions 2020-2025
- Table 45 Commercial Credit Cards in Circulation: % Growth 2020-2025
- Table 46 Commercial Credit Cards Transactions: % Growth 2020-2025
- Table 47 Personal Credit Cards: Number of Cards in Circulation 2020-2025
- Table 48 Personal Credit Cards Transactions 2020-2025
- Table 49 Personal Credit Cards in Circulation: % Growth 2020-2025
- Table 50 Personal Credit Cards Transactions: % Growth 2020-2025
- Table 51 Credit Cards: Number of Cards by Issuer 2020-2024
- Table 52 Credit Cards: Number of Cards by Operator 2020-2024
- Table 53 Credit Cards Payment Transaction Value by Issuer 2020-2024
- Table 54 Credit Cards Payment Transaction Value by Operator 2020-2024
- Table 55 Commercial Credit Cards: Number of Cards by Issuer 2020-2024
- Table 56 Commercial Credit Cards: Number of Cards by Operator 2020-2024
- Table 57 Commercial Credit Cards Payment Transaction Value by Issuer 2020-2024
- Table 58 Commercial Credit Cards Payment Transaction Value by Operator 2020-2024
- Table 59 Personal Credit Cards: Number of Cards by Issuer 2020-2024
- Table 60 Personal Credit Cards: Number of Cards by Operator 2020-2024
- Table 61 Personal Credit Cards Payment Transaction Value by Issuer 2020-2024
- Table 62 Personal Credit Cards Payment Transaction Value by Operator 2020-2024
- Table 63 Forecast Credit Cards: Number of Cards in Circulation 2025-2030
- Table 64 Forecast Credit Cards Transactions 2025-2030
- Table 65 Forecast Credit Cards in Circulation: % Growth 2025-2030
- Table 66 Forecast Credit Cards Transactions: % Growth 2025-2030
- Table 67 Forecast Commercial Credit Cards: Number of Cards in Circulation 2025-2030
- Table 68 Forecast Commercial Credit Cards Transactions 2025-2030
- Table 69 Forecast Commercial Credit Cards in Circulation: % Growth 2025-2030
- Table 70 Forecast Commercial Credit Cards Transactions: % Growth 2025-2030
- Table 71 Forecast Personal Credit Cards: Number of Cards in Circulation 2025-2030
- Table 72 Forecast Personal Credit Cards Transactions 2025-2030
- Table 73 Forecast Personal Credit Cards in Circulation: % Growth 2025-2030
- Table 74 Forecast Personal Credit Cards Transactions: % Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
CHARGE CARDS IN THE PHILIPPINES
2025 DEVELOPMENTS
- Affluent focus keeps charge cards marginal
INDUSTRY PERFORMANCE
- Charge cards remain niche with limited circulation
WHAT'S NEXT?
- Significant development is unlikely over the forecast period
- No major regulatory or institutional shifts expected
COUNTRY REPORTS DISCLAIMER
PRE-PAID CARDS IN THE PHILIPPINES
KEY DATA FINDINGS
2025 DEVELOPMENTS
- Mobile wallets reshape the pre-paid card role
INDUSTRY PERFORMANCE
- Growth slows as shift towards mobile wallets continues
- Open loop cards outperform their closed loop counterparts
WHAT'S NEXT?
- Pre-paid card transactions set to slow down over the forecast period
- New entrants and fintech partnerships could diversify pre-paid card offerings
COMPETITIVE LANDSCAPE
- Jollibee as major closed loop issuer, while Wise launches new product
- GCash leads open loop, while Beep continues to expand
CATEGORY DATA
- Table 75 Pre-paid Cards: Number of Cards in Circulation 2020-2025
- Table 76 Pre-paid Cards Transactions 2020-2025
- Table 77 Pre-paid Cards in Circulation: % Growth 2020-2025
- Table 78 Pre-paid Cards Transactions: % Growth 2020-2025
- Table 79 Closed Loop Pre-paid Cards Transactions 2020-2025
- Table 80 Closed Loop Pre-paid Cards Transactions: % Growth 2020-2025
- Table 81 Open Loop Pre-paid Cards Transactions 2020-2025
- Table 82 Open Loop Pre-paid Cards Transactions: % Growth 2020-2025
- Table 83 Pre-paid Cards: Number of Cards by Issuer 2020-2024
- Table 84 Pre-paid Cards: Number of Cards by Operator 2020-2024
- Table 85 Pre-paid Cards Transaction Value by Issuer 2020-2024
- Table 86 Pre-paid Cards Transaction Value by Operator 2020-2024
- Table 87 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2020-2024
- Table 88 Closed Loop Pre-paid Cards: Number of Cards by Operator 2020-2024
- Table 89 Closed Loop Pre-paid Cards Transaction Value by Issuer 2020-2024
- Table 90 Closed Loop Pre-paid Cards Transaction Value by Operator 2020-2024
- Table 91 Open Loop Pre-paid Cards: Number of Cards by Issuer 2020-2024
- Table 92 Open Loop Pre-paid Cards: Number of Cards by Operator 2020-2024
- Table 93 Open Loop Pre-paid Cards Transaction Value by Issuer 2020-2024
- Table 94 Open Loop Pre-paid Cards Transaction Value by Operator 2020-2024
- Table 95 Forecast Pre-paid Cards: Number of Cards in Circulation 2025-2030
- Table 96 Forecast Pre-paid Cards Transactions 2025-2030
- Table 97 Forecast Pre-paid Cards in Circulation: % Growth 2025-2030
- Table 98 Forecast Pre-paid Cards Transactions: % Growth 2025-2030
- Table 99 Forecast Closed Loop Pre-paid Cards Transactions 2025-2030
- Table 100 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2025-2030
- Table 101 Forecast Open Loop Pre-paid Cards Transactions 2025-2030
- Table 102 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2025-2030
COUNTRY REPORTS DISCLAIMER
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