Domestic ATM provider BancNet rthe position of leading card brand in the Philippines in 2021, after it lost it in 2020. The source does not clearly explain the figures for 2020, which changed significantly compared to other years - although it may be caused by a switch to online shopping during the coronavirus pandemic. It does add, however, that digital payments are relatively small in the Philippines - which may lead to significantly changing figures as time goes by. Nevertheless, the share of cash in Filipino POS payments fell below 50 percent in 2021, as consumers increasingly preferred cards and wallets.
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in the Philippines from 2016 to 2022
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Worldpay, & Statista, & PPRO. (January 1, 2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in the Philippines from 2016 to 2022 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1312430/biggest-card-schemes-in-philippines/
Worldpay, und Statista, und PPRO. "Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in the Philippines from 2016 to 2022." Chart. January 1, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1312430/biggest-card-schemes-in-philippines/
Worldpay, Statista, PPRO. (2024). Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in the Philippines from 2016 to 2022. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1312430/biggest-card-schemes-in-philippines/
Worldpay, and Statista, and PPRO. "Market Share of Payment Card Brands - Visa, Mastercard, American Express, or In-market Local Card Schemes - in The Philippines from 2016 to 2022." Statista, Statista Inc., 1 Jan 2024, https://www.statista.com/statistics/1312430/biggest-card-schemes-in-philippines/
Worldpay & Statista & PPRO, Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in the Philippines from 2016 to 2022 Statista, https://www.statista.com/statistics/1312430/biggest-card-schemes-in-philippines/ (last visited December 19, 2024)
Market share of payment card brands - Visa, Mastercard, American Express, or in-market local card schemes - in the Philippines from 2016 to 2022 [Graph], Worldpay, & Statista, & PPRO, January 1, 2024. [Online]. Available: https://www.statista.com/statistics/1312430/biggest-card-schemes-in-philippines/
