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Industry

Why Are More Gen Zs Using Credit Cards in the Philippines?

A study reveals credit card volume among Filipino adults rose to 11.2 million.

Whether for needs, emergencies, or guilty pleasures, credit cards have long been our spending companion. The modern borrowing tool dates back to the late 19th century, though it wasn't until the 1950s when it took off. And it's clear that ...

Industry

Here's Why Filipino Gen Zs are Choosing Buy Now, Pay Later Over Credit Cards

One factor said to be driving this attraction is that many of these consumers grew up watching their parents struggle with credit card debt.

More and more users are turning to digital payment platforms not just to manage their funds, but also because of the availability of various loan services.Case in point: the "buy now, pay later" (BNPL) service. This microloan is emerging as a ...

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