Thursday, March 05, 2015









The Credit Card Association of the Philippines (CCAP) is a professional organization aimed at mediating between the credit card industry, merchant establishments, and most importantly, the consumer. Its objective is to promote wider ownership and acceptance of credit cards as a safe, reliable, and beneficial payment instrument. Ultimately, this will enhance purchasing power, thus contributing to the economic development of the country.


Established in 1980, the CCAP was originally composed of representatives from six major credit card issuers. At present, the organization is now composed of twelve member banks that work hand in hand to continually improve the satisfaction levels of credit card users.


Part of CCAP’s mandate is to initiate measures for the protection of cardholders and merchants, as well as to encourage the responsible use of credit cards in the local, global, and e-commerce sphere. Likewise, CCAP aims to inform the public about credit management, foster discipline among consumers, and eventually guide the credit card industry towards self-regulation.  


To achieve this, CCAP engages itself in cooperative and collaborative efforts with government agencies such as the Bangko Sentral ng Pilipinas (BSP), the Department of Trade and Industry (DTI), and the Bureau of Internal Revenue (BIR); as well as law enforcement agencies and private organizations like the Bankers Association of the Philippines (BAP).