BSP retains cap on credit card charges bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
THE BANGKO SENTRAL ng Pilipinas’ (BSP) policy-setting Monetary Board has retained the ceiling rates for credit card charges to help consumers as the pandemic continues.
“The retention of the ceilings is in keeping with the low interest rate environment,” BSP Governor Benjamin E. Diokno said in a briefing on Thursday.
“The decision is based on a holistic assessment of developments in the macroeconomy, the state of credit card financing as well as the safety and soundness of banks and other credit card issuers. It will also continue to help ease financial burden of consumers through affordable credit card pricing,” he said in a separate statement.
mandmFebruary 17, 2021
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Philippines Payments Landscape Market report gives detailed overview of factors that affect global business scope. Philippines Payments Landscape Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors. Philippines Payments Landscape Market report contains emerging players analyze data including competitive situations, sales, revenue and market share of top manufacturers.
Philippines Payments Landscape Market report provides detailed analysis of market trends in the Filipino cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, and cheques during the review-period (2014-18e).
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Philippines Payments Landscape Market Report provides detailed analysis of market trends in the Filipino cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, and cheques during the review-period (2014-18e).
The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2018e-22f). It also offers information on the country’s competitive landscape, including market shares of issuers and schemes.
The report brings together research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies and recent changes in regulatory structure.