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Philippines , Friday 17 April 2026

Card payments in Philippines seen at P2.2 trillion this year

Published on: Monday 21 March 2022

Card payments in Philippines seen at P2.2 trillion this year MANILA, Philippines — Card payments in the country will continue to recover this year on the back of consumer spending boost, as the overall economy rebounds from the pandemic. GlobalData, a leading data and analytics company in the UK, said card payments may improve by 11.6 percent in 2022 to reach P2.25 trillion. This compares to the estimated P2.01 trillion card payments value in 2021. Over the next three years, card payments are expected to...



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