Philippines Bill Payment Market is Expected to be more than Double in Next 5 Years: Ken Research Increasing number of money transfer organizations, rising penetration of banks and growing number of money transfer modes such as mobile money, M-POS, NFC technology and others depicts growth in the money transfer industry of Philippines. The Philippines has been the nation of source of one of the biggest Asian migrant Diasporas, with its economy greatly… Read More »
Growing Economy, Increased Internal Migration Coupled with Surge in Bill Payment Expenditure to foster Growth in the Market: Ken Research The IT and Business Process Outsourcing industry has grown to be the second largest source of dollar income for the Philippine economy creating significant number of job opportunities every year. Philippines are witnessing robust growth in the tech industry as the number of remittance payment platforms for the unbanked proliferates. Increased competition of seafarers particularly… Read More »
Philippines Domestic and International Money Transfer Industry Outlook to 2021–Ken Research Ken Research latest Report on “Philippines Domestic and International Money Transfer Industry Outlook to 2021 – Growing Number of Overseas Filipino Workers and Technological Advancements to Aid Market Growth” provides a comprehensive analysis of remittance and bill payments market in Philippines. The report covers market size, segmentation on the basis of remittance corridor, mode of… Read More »
Palawan Pawnshop, Cebuana, Lhuilier and M Lhuilier are Three of the Largest Pawnshop Businesses in the Philippines – Ken Research The Philippines economy stood as the 40th largest economy in the world and has been one of the most budding amongst other economies in the Asian region in the last five years. The government of Philippines has carried out a string of legislative changes to improve the entrepreneurial environment and to make the private sector… Read More »
Philippines Domestic and International Money Transfer Industry Outlook to 2019 – Driven by Mobile Money and Increase in OFWs Philippines international remittance market is expected to reach USD 36 billion by 2019 Philippines domestic remittance market is expected to reach USD 8,814.5 million by 2019 Future growth of the remittance market is expected to be lead by mobile money transfers and regions such as the US and Saudi Arabia Major banks include Banco de… Read More »
