Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City, Metro Manila
NINETEENTH CONGRESS
 First Regular Session
HOUSE BILL NO. _______________
Introduced by ANG PROBINSYANO 
Party-List Representative Alfred Delos Santos
EXPLANATORY NOTE
Due to the advancement of technology, it cannot be denied that the
use of credit cards has become indispensable in making consumer credit
readily available to all Filipinos. It allowed Filipinos to transact conveniently
without the need to shell out cash, plan ahead purchases, and subsequently
avail of advantageous rates in their purchases.
With this growth in credit card use, some Filipinos have been taken
advantagedby  malicious  and
nefarious  gmups  by  noting  their  credit
card information  and  details and  have  used  these cards for  their own
gain.   Fraudsters can  get hold of one’s personal information  in many  ways,
from  hacking retailers to buying one’s data on the dark web, a shady corner
of  the  internet  that’s  not accessible  via  search engines  like  Google.  Or,
criminals can trick one into handing over your information through online
scams.
This is why we need to introduce more measures to protect consumers
who are availing these credit card services. While there are laws currently in
place that already aim to protect the consumers, the growing number of
people being victimized despite these measures shows the need to introduce
further programs and practices that will allow the public to trust the banking
system and the convenience of using credit cards.
It is for these foregoing premises that approval of this bill is earnestly
sought.
ALFRED C. DELOS SANTOS
Representative, Ang Probinsyano
Partylist
July 13, 2022
4:43 pm
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Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City, Metro Manila
NINETEENTH CONGRESS
 First Regular Session
HOUSE BILL NO. _______________
Introduced by ANG PROBINSYANO 
Party-List Representative Alfred Delos Santos
AN ACT
AMENDING REPUBLIC ACT NO. 10870, OTHERWISE KNOWN AS THE
PHILIPPINE CREDIT CARD INDUSTRY REGULATION LAW
Be it enacted by the Senate and the House of Representatives of the
Philippines in Congress assembled:
SECTION   1.  Section  5  of  Republic  Act  No.  10870  othemñse
known   as  the  Philippine  Credit  Card  Industry  Regulation  Law  shall  be
amended to read as follows and the subparagraphs renumbered accordingly:
“SECTION  5.  Definition of terms.
As used in this Act, the following
terms are defined as follows:
(a) xxx
xxx
(l) Handheld Credit Card Terminal refers to the device used that
an employee of the establishment can bring along with u*which
credit cards can make electronic funds transfers;
(m) xxx
xxx
SECTION  2.  A new section,, Section 16-A, is inserted after Section 16
of Republic Act No. 10870, to read as follows:
“SECTION  16-A.  Use  of  Credit  Cards  in  Establishments  -  All
establishments should have handheld credit card terminals where the
credit card will be swiped in front of the customer to prevent cases of
fraud  and  any  other  abuse  related  to  credit  card  use.  These
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establishments who are taking payments through the use of credit
cards are mandated to comply with the provisions of this Act.”
SECTION 3.  Repealing Clause. — All laws, decrees, executive orders,
and proclamations, rules and regulations or parts thereof inconsistent with
this Act, are hereby amended or modified accordingly.
SECTION 4. Separability Clause. - If any part of this law is found invalid
or  unconstitutional,  the  remaining  parts  or  provisions  not  affected  shall
remain in full force and effect. 
SECTION 5.  Effectivity. — This Act shall take effect fifteen (15) days
after its publication in the Official Gazette or in a newspaper of general
circulation.
Approved,