Philliphines

Philippines Prepaid Cards and Digital Wallets Market Report 2023: $3.21 Billion by 2022


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DUBLIN, May 9, 2023 (GLOBE NEWSWIRE) — “Philippines Prepaid Cards and Digital Wallets Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitudes and Behavior, Retail Spending – Update Q1 2023” Report added to ResearchAndMarkets.com’s dedication.

The Philippine prepaid card market (by value) will grow at a CAGR of 7.3% from 2018 to 2022. During the forecast period of 2023 to 2027, the market is expected to grow at a CAGR of 10.3%, from USD 3.21 billion in 2022 to USD 5.31 billion in 2027.

The report provides a detailed data-focused analysis of prepaid payment instruments, covering retail and business consumer spending via prepaid cards and digital wallets. Additionally, it provides an overview of Philippine consumer behavior and retail spending dynamics.

The report contains more than 100 country-level KPIs to provide a comprehensive understanding of the prepaid cards and digital wallet cards market dynamics.

Report Highlights

  • Market Dynamics: Comprehensive understanding of the Philippine Prepaid Card and Digital Wallet industry size and structure, industry dynamics, market trends, consumer attitudes and behavior, and competitive landscape.

  • Digital Wallet Segmentation: Provides value, transaction volume, and average value per transaction across 5 key spending categories in digital wallets. This includes retail, travel, entertainment and gaming, restaurants, top-ups and bill payments.

  • Open-loop and Closed-loop Prepaid Cards: Market estimates and forecasts to assess opportunities for 13 open-loop and closed-loop prepaid segments. Four basic KPIs are detailed – number of cards in circulation, number of transactions, load value and transaction value.

  • Consumer Attitudes and Behavior: Based on proprietary findings, this report identifies and explains key Prepaid KPIs, including spending by age, gender, and income level.

  • Retail Spending: Breaks down retail spending into 11 categories to provide detailed insights into consumer behavior and dynamics of prepaid card spending.

scope

Philippine Digital Wallet Market Size and Forecast

  • Transaction volume trend analysis

  • Trading Volume Trend Analysis

  • Average value per transaction

Philippine Digital Wallet Market Size and Major Segment Forecast

  • Retail shopping (value, quantity, average value)

  • Trips (value, quantity, average value)

  • Fun and games (value, quantity, average value)

  • Restaurant (value, quantity, average value)

  • Top-up and bill payment (amount, amount, average amount)

Market Attractiveness of the Philippine Prepaid Card Industry

  • Load value trend analysis

  • Transaction volume trend analysis

  • Trading Volume Trend Analysis

  • Average value per transaction

  • number of cards

Market Share Analysis by Functional Attributes – Open vs. Closed Loop

Market Share Analysis by Prepaid Card Category

Future Growth Dynamics of Open-loop Prepaid Cards in the Philippines

  • Transaction volume trend analysis

  • Trading Volume Trend Analysis

  • Average value per transaction

  • number of cards

Future Growth Dynamics of Closed-loop Prepaid Cards in the Philippines

  • Transaction volume trend analysis

  • Trading Volume Trend Analysis

  • Average value per transaction

  • number of cards

Prepaid Card Consumer Usage Trends in the Philippines

  • by age group

  • by income group

  • by gender

Market Size and Forecast of Universal Prepaid Cards in the Philippines

Philippines – Gift Card Market Size and Forecast

  • Gift Card Market Size and Functional Attributes Forecast

  • Via Open Loop Gift Cards

  • via closed loop gift card

  • Gift Cards Market Size and Consumer Segment Forecasts

  • Segment by Retail Consumer

  • Segmentation by Business Consumer

  • Gift Cards Market Share Analysis by Retail Category

  • Gift Cards Market Share Analysis by Gifting Occasion

  • Gift Cards Market Share Analysis by Purchase Location

Market Size and Forecast of Prepaid Cards for Entertainment and Gaming in the Philippines

Philippines Youth and School Prepaid Card Market Size and Forecast

Market Size and Functional Attributes Forecast of Youth and School Prepaid Cards

Prepaid Card Market Size and Forecast for Business and Administrative Expenses in the Philippines

Business and Administrative Expenses Prepaid Card Market Size and Consumer Segment Forecasts

  • Segmentation by Small Business

  • By Mid-Level Business Unit

  • Segment by business

  • by government department

Philippine Salary Prepaid Card Market Size and Forecast

Salary Prepaid Card Market Size and Consumer Segment Forecasts

  • Segmentation by Small Business

  • By Mid-Level Business Unit

  • Segment by business

  • by government department

Market Size and Forecast of Prepaid Meal Cards in the Philippines

Meal Prepaid Card Market Size and Consumer Segmentation Forecast

  • Breakdown by Small Business

  • By Mid-Level Business Unit

  • Segment by business

  • by government department

Market Size and Forecast of Foreign Exchange Prepaid Cards for Tourism in the Philippines

Market Scale and Consumer Segmentation Forecast of Tourism Foreign Exchange Prepaid Cards

  • by retail

  • Breakdown by Small Business

  • By Mid-Level Business Unit

  • Segment by business

  • by government department

Philippine Transportation and Toll Prepaid Card Market Size and Forecast

Philippine Healthcare Prepaid Card Market Size and Forecast

Market Size and Forecast of Prepaid Cards for Social Security and Other Government Benefit Programs in the Philippines

Philippine Fuel Prepaid Card Market Size and Forecast

Philippine Utility and Other Prepaid Cards Market Size and Forecast

For more information on this report, please visit https://www.researchandmarkets.com/r/564vxi

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