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Emerging Opportunities in the Credit Cards Market in the Philippines: Market Size, Industry Drivers and Consumer Trends

Published By :

Timetric

Published Date : Sep 2013

Category :

Banking

No. of Pages : 61 Pages


Synopsis

  • Timetrics \'Emerging Opportunities in the Credit Card Market in the Philippines: Market Size, Industry Drivers and Consumer Trends\' provides market analysis, information and insights into the credit card market in the Philippines
  • Current and forecast market values for the credit card industry
  • Market attractiveness and future growth prospects for the cards and payment industry in the Philippines
  • Analysis of various market drivers and regulations governing the cards and payment industry in the Philippines
  • Detailed analysis of the marketing strategies adopted for selling credit card used by various bankers and other institutions in the market
  • Comprehensive analysis of consumer attitudes and their buying preferences for cards
  • Competitive landscape of the cards and payment industry in the Philippines

Summary

Emerging Opportunities in the Credit Cards Market in the Philippines: Market Size, Industry Drivers and Consumer Trends is the result of extensive research into the Financial Services industry covering the credit card market in the Philippines. The report provides insights on emerging consumer attitudes and market trends, and also provides market size and growth potential by number of cards, transaction value and transaction volume of credit cards in the Philippines. This report also includes competitive landscape, industry dynamics and strategies adopted by the key competitors in the Philippine cards and payment industry.

Scope

  • This report provides a comprehensive analysis of credit card industry in the Philippines
  • It provides current values for credit card industry for 2012 and forecast figures for 2017
  • It details the different macroeconomic, infrastructural, consumer and business drivers affecting the Philippines cards and payment industry
  • It outlines the current regulatory framework in the industry
  • It details the marketing strategies used by various bankers and other institutions

Reasons To Buy

  • Make strategic business decisions using historic and forecast market data related to the credit card market in the Philippines
  • Understand the key market trends and growth opportunities for the credit card industry in the Philippines
  • Assess the competitive dynamics in the Philippines cards and payment industry
  • Gain insights into the marketing strategies used for selling credit card in the Philippines
  • Gain insights into key regulations governing the cards and payment industry in the Philippines
Table of Content

1 INTRODUCTION
1.1 What is this Report About?
1.2 Methodology
1.3 Definitions

2 MARKET ATTRACTIVENESS AND FUTURE PROSPECTS OF CARDS AND PAYMENTS INDUSTRY

3 ANALYSIS OF CARDS AND PAYMENTS INDUSTRY DRIVERS
3.1 Macroeconomic and Consumer Drivers
3.1.1 Strong GDP growth
3.1.2 Growing urbanization
3.1.3 Government agencies adopting e-payments
3.1.4 Rising consumer confidence
3.2 Infrastructure Drivers
3.2.1 Increasing number of internet users
3.2.2 Emergence of contactless payments
3.2.3 Migration to EMV technology for secure transactions
3.2.4 Growing number of POS terminals
3.2.5 Increasing number of ATMs
3.3 Business Drivers
3.3.1 Growing retail sector
3.3.2 Growing remittance business
3.3.3 Rising e-commerce
3.3.4 Increasing outbound tourism spending

4 EMERGING CONSUMER ATTITUDES AND TRENDS
4.1 Market Segmentation and Targeting
4.1.1 Retail customers
4.1.2 Corporate customers
4.2 Consumer Preference
4.2.1 Price
4.2.2 Services
4.2.3 Convenience
4.3 Online Buying Behavior

5 COMPETITIVE LANDSCAPE AND INDUSTRY DYNAMICS
5.1 Overview of the Payment Channels
5.2 Credit Card Category Share
5.2.1 By bank
5.2.2 By scheme

6 STRATEGIES ADOPTED BY KEY OPERATORS
6.1 Market Entry Strategies
6.2 Marketing and Product Strategies
6.2.1 Credit cards

7 SIZE AND GROWTH POTENTIAL OF CARD PAYMENTS CHANNEL
7.1 Total Channel Size and Forecast of Payment Cards
7.1.1 Analysis by number of cards
7.1.2 Analysis by transaction value
7.1.3 Analysis by transaction volume
7.2 Credit Card Category Size and Forecast
7.2.1 Analysis by number of cards
7.2.2 Analysis by transaction value
7.2.3 Analysis by transaction volume
7.2.4 Other key performance indicators

8 COMPANY PROFILES, PRODUCTS AND MARKETING STRATEGIES
8.1 BDO Unibank, Inc. (BDO)
8.1.1 Key financials
8.1.2 Product portfolio
8.1.3 Strategies
8.2 The Bank of the Philippine Islands
8.2.1 Key financials
8.2.2 Product portfolio
8.2.3 Strategies
8.3 Metrobank
8.3.1 Key financials
8.3.2 Card portfolio
8.3.3 Strategies
8.4 The Land Bank of the Philippines (LBP)
8.4.1 Key financials
8.4.2 Card portfolio
8.4.3 Strategies
8.5 Citibank Philippines
8.5.1 Product portfolio
8.5.2 Strategies

9 APPENDIX
9.1 Methodology
9.2 Contact Us
9.3 About Timetric
9.4 Our Services
9.5 Disclaimer

List of Table

Table 1: Cards and Payments Key Definitions
Table 2: Remittance Cards Offered by Various Banks in the Philippines
Table 3: Cards Targeting Internet Shoppers in the Philippines
Table 4: Foreign Banks Entry Modes in Philippines
Table 5: Value-Added Services on Card Products in the Philippines
Table 6: Co-branded Cards Offered by Banks in the Philippines
Table 7: Filipino Card Payments Channel Size by Number of Cards (Thousand), 20082017
Table 8: Filipino Card Payments Channel Size by Transaction Value (PHP Billion), 20082017
Table 9: Filipino Card Payments Channel Size by Transaction Value (US$ Billion), 20082017
Table 10: Filipino Card Payments Channel Size by Number of Transactions (Million), 20082017
Table 11: Filipino Credit Cards Category Size by Number of Cards (Thousand), 20082017
Table 12: Filipino Credit Cards Category Size by Transaction Value (PHP Billion), 20082017
Table 13: Filipino Credit Cards Category Size by Transaction Value (US$ Billion), 20082017
Table 14: Filipino Credit Cards Category Size by Number of Transactions (Million), 20082017
Table 15: Filipino Credit Cards Category by Frequency of Use, 20082017
Table 16: Filipino Credit Cards Category Size by Average Transaction Value (PHP), 20082017
Table 17: Filipino Credit Card Category Size by Average Transaction Value (US$), 20082017
Table 18: BDO Unibanks Key Financial Indicators (PHP Million), 2011 and 2012
Table 19: BDO Unibank Cards Offered and Key Features
Table 20: BPI Banks Key Financial Indicators (PHP Million), 2011 and 2012
Table 21: Bank of the Philippine Islands Cards Offered and Key Features
Table 22: Metrobanks Key Financial Indicators (PHP Million), 2011 and 2012
Table 23: Metrobank Cards Offered and Key Features
Table 24: LBP Banks Key Financial Indicators (PHP Million), 2010 and 2011
Table 25: LBP Bank Card Products Offered and Key Features
Table 26: Citibank Card Products Offered and Key Features

List of Chart

Figure 1: Growth of Various Card Categories in the Philippines (%), 20082017
Figure 2: Growth Drivers of Cards and Payments Industry in Philippines
Figure 3: GDP Growth Rate in the Philippines (%), 20082017
Figure 4: Urban vs. Rural Population in the Philippines (Million), 20082017
Figure 5: Governments E-payments Adoption Score in the Asia-Pacific, 2011
Figure 6: Number of Internet Users in the Philippines (Million), 20082012
Figure 7: EMV Adoption Rates Across the World, 2012
Figure 8: Number of POS Terminals in the Philippines (Thousand), 20082017
Figure 9: Number of ATMs in the Philippines (Thousand), 20082017
Figure 10: Remittance Money Received From Overseas Filipinos in Various Regions (%), JanuaryJune 2013
Figure 11: Spending on Outbound Tourism in the Philippines (PHP Billion), 20082012
Figure 12: Customer Segmentation of Card Payments Channel in the Philippines
Figure 13: Customer Segmentation of Card Payments Channel in the Philippines
Figure 14: Special Discounts and Offers on Metrobanks Femme Visa Card
Figure 15: Snapshot of UnionBank Corporate Card
Figure 16: Product Categories with Highest Conversion from Browsing to Purchases (%), 2012
Figure 17: Value of Check and Card Payment Channels (PHP Billion), 20082012
Figure 18: Filipino Credit Card Category Share by Bank (%), 2011
Figure 19: Filipino Credit Card Category Share by Scheme (%), 2011
Figure 20: Promotional Reward Programs by HSBC in the Philippines
Figure 21: Filipino Card Payments Channel Size by Number of Cards (Thousand), 20082017
Figure 22: Filipino Card Payments Channel Size by Transaction Value (PHP Billion), 20082017
Figure 23: Filipino Card Payments Channel Size by Number of Transactions (Million), 20082017
Figure 24: Filipino Credit Cards Category Size by Number of Cards (Thousand), 20082017
Figure 25: Filipino Credit Cards Category Size by Transaction Value (PHP Billion), 20082017
Figure 26: Filipino Credit Cards Category Size by Number of Transactions (Million), 20082017
Figure 27: Filipino Credit Cards Category by Frequency of Use, 20082017
Figure 28: Filipino Credit Card Category Size by Average Transaction Value (PHP), 20082017

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