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Consumer Payments Country Snapshot: Spain 2016

, Published: Dec-2016
Report Code: VF0081CI    Report Format: Electronic PDF


The Spanish payments market was significantly impacted by the economic crisis. While the crisis affected banks’ reputations, it also accelerated their efforts to rejuvenate in order to regain the trust of Spanish consumers. CaixaBank, BBVA, Banco Popular, and Banco Santander are the leading players in this process. The Spanish economy has only recorded positive values since 2014, raising the employment rate and stimulating consumption. This has created an environment where consumers are increasingly confident about the use of financial technologies through online commerce, digital wallets, and contactless cards.


  • This report examines the consumer payments market in Spain, considering payment cards, online payments, P2P payments, and newer payment technologies such as mobile wallets and contactless. This report also examines the regulations in force in the market which players must comply with, and how these have changed in recent years.
  • - Analyzes the major payment card types in terms of both card holding and usage.
  • - Identifies the major competitors in card issuing and how their positions in the market have changed over the last five years.
  • - Considers consumer attitudes towards prepaid cards, P2P tools, mobile payment tools, and contactless cards, and how companies in Spain are deploying these tools to meet customer needs.
  • - Explores the online payment market in Spain by merchant type and payment tool, as well as providing a five-year forecast for the development of the market.
  • - Considers the regulations affecting the payments market and how they are likely to affect both incumbents and disruptors.

Reasons to Buy

  • Understand the key facts and figures in the consumer payments market in Spain.
  • Find out what products the major competitors are launching in the market and plan your strategy accordingly.
  • Discover consumer sentiments towards various payment tools in Spain and use this knowledge to inform product design.
  • Learn about the key regulatory requirements affecting Spanish payments players and any recent or upcoming changes to those requirements.