contacless cards

Market value is expected to rebound 8.5% in 2020 after declining last year.

The rising use of contactless and e-commerce payments will support the growth of the segment.

Until October, 1% of each transaction made using the card will be donated to Kantha Bopha Children's Hospital.

Debit cards dominate in the Philippines with 90.6 million in circulation.

Easing of restrictions, government support, and the Olympics will support growth.

About 31% of locals pick contactless cards as their most preferred payment options.