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                    [ArticleID] => 355448
                    [Title] => Visa International sees rising credit card usage
                    [Summary] => Payment processing card company Visa International sees a turnaround of the payment behavior among Filipinos in the next few years, as card usage has grown significantly in the country, from being a widely cash consumer base.

                    [DatePublished] => 2006-08-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1298072
                    [AuthorName] => Ehda Dagooc
                    [SectionName] => Freeman Cebu Business
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                    [ArticleID] => 334384
                    [Title] => Visa projects 67% hike in sales this year
                    [Summary] => Visa International is optimistic credit card sales will continue to be strong, buoyed by a resurgence of debit cards.


In 2005, debit card sales in the Philippines reached P104 billion, up 67 percent  from the previous year’s level.


Visa Philippines country manager James Dixon said they expect sales this year to grow at practically the same rate.


"Growth was strong last year, and we see it growing strong again this year," Dixon said during the formal launching of its new advertising campaign recently.


                    [DatePublished] => 2006-05-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 329772
                    [Title] => Cash, not cards, is still king in RP
                    [Summary] => DAVAO CITY – Electronic payment maybe convenient, but for Filipinos, cash still reigns supreme as king. 


"Cash is still king for Filipinos. Most Filipinos, as much as possible would still like to pay in cash," James Dixon, country manager for Visa International, said. 


Dixon said that with such a situation, the challenge for Visa International now is how to increase electronic payments in a country of more than 85 million people. 


                    [DatePublished] => 2006-04-04 00:00:00
                    [ColumnID] => 133272
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                    [SectionName] => Banking
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                    [ArticleID] => 327675
                    [Title] => Visa card sales surge 48% to P183.3B in 2005
                    [Summary] => Visa International’s total card sales volume in the Philippines reached P183.3 billion in 2005, a 48.1-percent increase from the previous year, a top company official said.


Visa International Philippines country manager James Dixon said the total number of transactions likewise grew 34 percent to over 70.8 million.


Total retail sales volume amounted to P76.5 billion last year, a 27.1 percent increase from 2004 performance, he added.


                    [DatePublished] => 2006-03-23 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Ted P. Torres
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JAMES DIXON

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                    [ArticleID] => 355448
                    [Title] => Visa International sees rising credit card usage
                    [Summary] => Payment processing card company Visa International sees a turnaround of the payment behavior among Filipinos in the next few years, as card usage has grown significantly in the country, from being a widely cash consumer base.

                    [DatePublished] => 2006-08-30 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 334384
                    [Title] => Visa projects 67% hike in sales this year
                    [Summary] => Visa International is optimistic credit card sales will continue to be strong, buoyed by a resurgence of debit cards.


In 2005, debit card sales in the Philippines reached P104 billion, up 67 percent  from the previous year’s level.


Visa Philippines country manager James Dixon said they expect sales this year to grow at practically the same rate.


"Growth was strong last year, and we see it growing strong again this year," Dixon said during the formal launching of its new advertising campaign recently.


                    [DatePublished] => 2006-05-01 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Ted P. Torres
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                    [ArticleID] => 329772
                    [Title] => Cash, not cards, is still king in RP
                    [Summary] => DAVAO CITY – Electronic payment maybe convenient, but for Filipinos, cash still reigns supreme as king. 


"Cash is still king for Filipinos. Most Filipinos, as much as possible would still like to pay in cash," James Dixon, country manager for Visa International, said. 


Dixon said that with such a situation, the challenge for Visa International now is how to increase electronic payments in a country of more than 85 million people. 


                    [DatePublished] => 2006-04-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Banking
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                    [ArticleID] => 327675
                    [Title] => Visa card sales surge 48% to P183.3B in 2005
                    [Summary] => Visa International’s total card sales volume in the Philippines reached P183.3 billion in 2005, a 48.1-percent increase from the previous year, a top company official said.


Visa International Philippines country manager James Dixon said the total number of transactions likewise grew 34 percent to over 70.8 million.


Total retail sales volume amounted to P76.5 billion last year, a 27.1 percent increase from 2004 performance, he added.


                    [DatePublished] => 2006-03-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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abtest

Visa International sees rising credit card usage

By Ehda Dagooc | August 30, 2006 - 12:00am

Payment processing card company Visa International sees a turnaround of the payment behavior among Filipinos in the next few years, as card usage has grown significantly in the country, from being a widely cash consumer...

Freeman Cebu Business

Visa projects 67% hike in sales this year

By Ted P. Torres | May 1, 2006 - 12:00am

Visa International is optimistic credit card sales will continue to be strong, buoyed by a resurgence of debit cards. In 2005, debit card sales in the Philippines reached P104 billion, up 67 percent from the previous...

Business

Cash, not cards, is still king in RP

April 4, 2006 - 12:00am

DAVAO CITY – Electronic payment maybe convenient, but for Filipinos, cash still reigns supreme as king. "Cash is still king for Filipinos. Most Filipinos, as much as possible would still like to pay in...

Banking

Visa card sales surge 48% to P183.3B in 2005

By Ted P. Torres | March 23, 2006 - 12:00am

Visa International’s total card sales volume in the Philippines reached P183.3 billion in 2005, a 48.1-percent increase from the previous year, a top company official said. Visa International Philippines country...

Business