Holiday Escapes: How Filipinos Travel, Shop, and Pay During the Season

It’s the holiday season—at least for Filipinos—and with it comes a surge in holiday shopping, travel, get-togethers, and festive activities. With the season being a peak time for getaways, Filipinos prioritize experience-driven travel, with Singapore, Hong Kong, and Japan being top destinations. Visa’s latest Green Shoots Radar survey[1] reveals a significant shift in how Filipinos plan and pay for their travels, showing a growing preference for contactless payments alongside the continued use of cash.

Visa launches second transit project in the Philippines, continues to collaborate with Good Transport and GHL to enable contactless payments in Bacolod City 

Visa, a global leader in digital payments, has partnered with Good Transport Solutions Inc. (GTSI), a transit mobility solutions provider, and GHL, a leading nationwide payment service provider and payment acquirer, to enable the use of Visa cards for payments on modern jeepneys in Bacolod City. This marks Visa's second transit project in the Philippines, following its first transit project launch in Cebu.

Visa collaborates with Good Transport and GHL to enable contactless payments in Cebu and Mandaue City modern jeepneys in first transit project in the Philippines

Philippines, 28 August 2024 – Visa, a world leader in digital payments, is collaborating with Good Transport Solutions Inc. (GTSI), a transit mobility solutions provider, and GHL, a leading nationwide payment service provider and payment acquirer. This collaboration has enabled the use of Visa cards for payments on modern jeepneys in Cebu and Mandaue City, the second …

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Regional insurtech Igloo on how insurers can attract Gen Z and boost insurance penetration in the Philippines, Southeast Asia

MANILA, 27 August 2024 - In Southeast Asia, insurers are grappling with the challenge of attracting Gen Z—a generation known for its financial savvy and strong desire for financial security. However, despite these traits, traditional insurance products often fail to resonate with them due to their perceived complexity and a general distrust of conventional financial institutions. …

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Visa expands consumer choice with e-wallet partnerships in the Philippines and Southeast Asia

Visa, a global leader in digital payments, is actively supporting Southeast Asia's journey into becoming a cashless society. As mobile wallet usage grows in the region, Visa enhances consumer options by enabling cardholders to use their cards directly with merchants or e-wallets such as Maya and GrabPay in the Philippines.

Zed launches first credit card created for Filipino young professionals

MANILA, PHILIPPINES, March 18, 2024 – In the Philippines, despite the financial industry’s recent attempts at digitalization, customers still face significant hurdles when it comes to accessing credit products. A recent study by TransUnion Philippines showed that 94% of Filipino Gen Zs see the importance of credit and lending products to reach their financial goals. …

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Embracing ‘Loud Budgeting’ as a Love Language this Valentine’s Day

This 2024, a new trend called 'loud budgeting' is gaining popularity, encouraging people to openly discuss their finances without feeling embarrassed. Contrary to the 'quiet luxury' trend of the past year, loud budgeting helps Filipinos be more honest about their financial situation, leading to greater empowerment in managing their money. This Valentine's Day, let's celebrate …

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Philippines Champions Global and Local Public-Private Partnerships to Strengthen Fintech Ecosystem at the Singapore Fintech Festival 2023

MANILA, PHILIPPINES—President Ferdinand Marcos Jr. underscored strategic collaboration with diverse domestic and international stakeholders to position the Philippines as a hub for digital innovation and entrepreneurship. This was highlighted during his keynote address at the Singapore Fintech Festival (SFF) 2023, the world’s largest fintech event, where he made history as the first statesman to deliver …

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