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Philippines Prepaid Cards Business and Investment Opportunities Report 2019: $7.9 Billion Market Size and Forecast 2014-2023 - ResearchAndMarkets.com

The "Philippines Prepaid Cards Business and Investment Opportunities - Market Size and Forecast (2014-2023), Consumer Attitude & Behaviour, Retail Spend, Market Risk - Updated in Q3, 2019" report has been added to ResearchAndMarkets.com's offering.

The prepaid card market (value terms) in Philippines increased at a CAGR of 19.3% during 2014-2018. Over the forecast period of 2019 to 2023, the market is expected to record a CAGR of 12.2%, increasing from US$ 5.0 billion in 2019 to reach US$ 7.9 billion by 2023.

This report provides trend analysis (market size and forecast) of prepaid (pay before) cards, offering a wealth of insights to help companies understand this growing but quickly changing market.

  • Market dynamics: Provides a comprehensive view on size and structure, industry dynamics, market trends, consumer attitude and behaviour, and competitive landscape in prepaid card industry in Philippines.
  • Open loop and closed loop: market estimates and forecasts to assess opportunities in open loop and closed loop prepaid market segments. Details four essential KPIs - number of cards in circulation, number of transactions, load value, and value of transactions.
  • Open loop prepaid card categories: Identifies potential risks, consumer adoption, and market size across 11 market segments in open loop prepaid cards for the period 2014-2023. These include gift, business & administrative expense, payroll, meal, employee / partner incentive, travel forex, general purpose, remittance, teen and campus, social security and other government benefit programs, insurance claims.
  • Closed loop prepaid card categories: Identifies potential risks, consumer adoption, and market size across 10 market segments in closed loop prepaid cards for the period 2014-2023. These include gift, healthcare and wellness, consumer incentives, employee / partner incentives, entertainment and gaming, teen and campus, social security and other government benefit programs, transit and tolls, and fuel, utilities, and others.
  • Benchmarking and risk index: Benchmarks the prepaid card industry in the country with key global markets along with risk assessment through proprietary Prepaid Cards Industry Risk Index (PCIRI).
  • Consumer attitude and behaviour: Drawing from proprietary survey results, this report identifies and interprets key prepaid KPIs, including spend by age, gender, and income level. In addition, it provides an overview of how consumers are currently using prepaid cards across five key categories - travel, bill payment, retail spend, cash withdrawal, and P2P transfers. It also provides a breakdown by transaction size.
  • Retail spend: Breaks down retail spend across 11 categories to provide detailed insights on consumer behaviour and changing dynamics of prepaid card spend.

Key Topics Covered:

1 About this Report

2 Philippines Prepaid Card Industry Market Attractiveness

3 Philippines Open Loop Prepaid Card Future Growth Dynamics, 2014 - 2023

4 Philippines Closed Loop Prepaid Card Future Growth Dynamics, 2014 - 2023

5 Philippines Prepaid Card Consumer Usage Trends

6 Philippines Open Loop Prepaid Card Retail Spend Dynamics

7 Philippines Social Security and Other Government Benefit Programs Prepaid Card Market Size and Forecast, 2014-2023

8 Philippines General Purpose Prepaid Card Market Size and Forecast, 2014-2023

9 Philippines Gift Card Market Size and Forecast, 2014-2023

10 Philippines Entertainment and Gaming Prepaid Card Market Size and Forecast, 2014-2023

11 Philippines Remittance Prepaid Card Market Size and Forecast, 2014-2023

12 Philippines Teen and Campus Prepaid Card Market Size and Forecast, 2014-2023

13 Philippines Business and Administrative Expense Prepaid Card Market Size and Forecast, 2014-2023

14 Philippines Payroll Prepaid Card Market Size and Forecast, 2014-2023

15 Philippines Meal Prepaid Card Market Size and Forecast, 2014-2023

16 Philippines Consumer Incentive and Loyalty Prepaid Card Market Size and Forecast, 2014-2022

17 Philippines Employee / Partner Incentive Prepaid Card Market Size and Forecast, 2014-2023

18 Philippines Travel Forex Prepaid Card Market Size and Forecast, 2014-2023

19 Philippines Transit and Tolls Prepaid Card Market Size and Forecast, 2014-2023

20 Philippines Healthcare and Wellness Prepaid Card Market Size and Forecast, 2014-2023

21 Philippines Fuel, Utilities, and Other Prepaid Cards Market Size and Forecast, 2014-2023

Companies Mentioned

  • Smart Communications Inc
  • Light Railway Transit Authority
  • Metro Rail Transit Corp
  • Rizal Commercial Banking Corp - RCBC
  • BDO Unibank Inc
  • MasterCard
  • Visa Inc

For more information about this report visit https://www.researchandmarkets.com/r/t821sb

View source version on businesswire.com: https://www.businesswire.com/news/home/20191204005834/en/

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