New Market Study Published: ATM Cards in the Philippines
Cards in circulation continued to post a robust increase, rising by 16% in 2013. This can be attributed to the improvement of the banked population and the rise in the number of rural banks issuing ATM cards. Volume and value transactions, on the other hand, recorded more moderate performances, at 8% and 7% respectively. Growth is due to expansion of ATM terminals in both urban and rural areas of the country, as banks and ATM networks invest to improve accessibility...
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