Spain Country Report

Key Topics
Demographics and the economy
Payments environment
Cards market data
Mobile payments
Profit pool
The networks
Key retail banks and issuers
Acquiring and processing
Online acquiring
Regulatory and other cards market information

Appendices: Card Payments Data Spain

Appendix I: Demographics and the economy

• Demographic and economic indicators
• Ownership of key consumer devices
• Internet usage by population

Appendix II: Payments environment

• Access points
• Account penetration
• Consumer payment trends
• B2C e-commerce payment methods

Appendix III: Cards market

• Total cards payment metrics
• Contactless cards metrics
• Credit card numbers
• Total credit cards metrics
• Credit cards profitability indicators
• Debit cards numbers
• Debit cards metrics
• Appendix IV: Mobile payments
• Mobile proximity payment metrics
• Mobile P2P payments

Appendix V: Profit pool

• Profit pool

Appendix VI: Card networks

• Networks' credit card market shares
• Networks' credit card numbers
• Networks' credit card billed volume
• Networks' number of credit card transactions
• Networks' average credit card transaction value
• Credit card interchange fees by network
• Networks' debit card market shares
• Networks' debit card numbers
• Networks' debit card billed volume
• Networks' number of debit card transactions
• Networks' average debit card transaction value
• Debit card interchange fees by network

Appendix VII: Key retail banks and issuers

• Key credit card issuers market shares by credit card numbers
• Key issuers market shares in credit card outstandings
• Key debit card issuers market shares by debit card numbers

Appendix VIII: Acquirers and processing

• Merchant acquirer credit card market share
• Credit card merchant service charges
• Merchant acquirer debit card market share
• Debit card merchant service charges
• Credit card issuer/issuing processor relationships
• Credit card acquirer/acquiring processor relationships
• Credit card issuing processor market shares by card numbers
• Credit card acquiring processor market shares by the number of POS transactions

Appendix IX: Online acquiring

• Online merchant acquirer market share

Demographics and Economy:
Spain has one of the largest populations in Western Europe: 46.6 million inhabitants in 2018. The number of people living in the country declined during the years of economic crisis but has now begun to increase again.

Payments Environment:
Cash remains by some distance the most popular payment method by value: during 2018, an estimated $296 billion worth of transactions was paid for using cash. However, payment cards are becoming an increasingly important transactional tool.

Cards market:
Credit card usage was uneven between 2012 and 2018, as the market recovered from the worst years of the economic crisis. While the number of credit cards (including deferred debit cards) grew, total credit cards billed volume decreased. By contrast, debit card billed volume maintained a consistent growth rate.

Mobile Payments:
The most important development in mobile payments has been the launch of Bizum in October 2016: this mobile transfer and payments app, owned by 25 banks, is primarily used to carry out person-to-person transfers.

Profit Pool:
Deferred debit cards are popular in Spain and the credit cards market has developed around this. At the end of the month, cardholders are offered the option to extend their debt through instalment plans which more closely resemble traditional revolving credit.

Card Networks:
Visa leads the Spanish credit cards market in terms of both billed volume and number of cards in issue. Mastercard is a secondary player in the market. American Express, Diners Club, JCB and private label card schemes are also active in Spain.

Key Retail Banks and Issuers:
The Spanish credit cards market is competitive with the leading banks competing with a small number of specialist consumer finance and credit cards specialists. The top five issuers held 66% of total card outstandings at the end of 2018.

Acquiring and Processing:
With approximately 1.82 million POS terminals at the end of 2018, Spain has one of the largest acquiring networks in Europe. At 4,585 terminals per 100,000 adults, Spain is above the EU average in terms of POS density

Online Acquiring:
Total online acquired purchase volume came to $23.6 billion in 2018. Four years earlier, this figure stood at $10.6 billion, equating to an increase of 123% during that timeframe.

Regulatory and Markets Information:
Because of the economic crisis and its impact on bank profitability financial institutions are strongly focused on cross-selling banking products and digital services while leveraging customer transaction-orientated functionalities in all delivery channels.

+Renfe
2gether
AirPlus International
Alipay
Amazon
American Express
Amex
Android Pay
Apollo Capital
Apple Pay
AvantCard
Avios
Banca Civica
Bancaja
Banco Bilbao Vizcaya Argentaria
Banco Central
Banco de Valencia
Banco Hispano Americano
Banco Mare Nostrum
Banco Popular
Banco Portugués do Investimento
Banco Sabadell
Banco Santander
Bancopopular-e
Banesto
Banif
Bank of Spain
BankAmericard
Bankia
Bankinter
Barclays
BBVA
BBVA Movil
BBVA Wallet
BBVAnet
Bitcoin
Bitcoin Cash
Bizum
BPI
Caixa Laeitana
CaixaBank
CaixaBank Pay
Caja de Ávila
Caja Laboral Popular
Caja Madrid
Caja Rioja
Caja Segovia
Cajamar
Capital One
Caprabo
Carrefour Financial Services
CECA
Citi
Citicorp
Club Ahora
CNMC
Comercia Global Payments
Comisión Nacional de los Mercados y la Competencia
Confederación Española de Cajas de Ahorro
Cooperative banks
Cyberpac
Deutsche Bank
Diners Club
Discover Global Network
eBayp insight
El Corte Inglés
Eos
Español de Crédito
Ethereum
EU
EURO 6000
Evo Banco
Evo Bank
Evo Payments
Familia
Ferratum Bank
Global Payments
Google Pay
Grupo Caja Rural
Iberia
Iberia Cards
Iberiacards
Ikea
imaginBank
Infantil
ING
ING
iZettle
JCB
La Caja de Canarias
Linea BBVA
Litecoin
Mastercard
MBNA
McDonald's
Mediamarkt
Mercado de San Miguel
Mercadona
MOMO
N26
Nomo Banking
PayPal
PRICENET
PSD2
PSPs
PULSE
QR
Redes y Procesos
Redsys
Redsys
Renfe
Repsol
Revised Payment Services Directive
Revolut
Ripple
Rodilla
Samsung Pay
Santander Universidades
Santander Wallet
Savings banks
SEPA
SEPA instant credit transfer scheme
SERMEPA
ServiRed
SIBS
Sistema 4B
Sistema de Tarjetas y Medios de Pago
SistemaPay
Sol Melia
Spanish Confederation of Savings Banks
Stellar Lumens
SumUp
Telefonica
Third Party Provider
TPP
Twyp
UniversalPay
Värde Partners
Visa
Visa España
Waiap
WiZink
Zara