All countries
Payment methods in Spain
Here are the top takeaways you need to know about the Spanish e-commerce market:
- The Spanish e-commerce market is worth US$97 billion today, will break the US$100 billion barrier in 2024 — and then just keep on growing.
- Spaniards make more than 40% of their online purchases using a mobile device. To succeed in Spanish e-commerce, your payment experience must be optimized for mobile.
- In 2023, the average Spanish online shopper will spend US$2,190 with e-commerce merchants. Within just four years, this figure will rise to US$3,076.
- Spanish online shoppers use digital payment methods in over 50% of all transactions.Popular payment methods include PayPal and Sepa Direct Debit.
- In 2022, Spanish online shoppers spent more than US$20 billion with e-commerce merchants based outside of Spain.
Population
Online Population
B2C E-commerce
Banked Population
Credit Card Population
E-commerce of Total Retail
Payment Method Breakdown
- Card 44%
- Cash 3%
- Bank Transfer 18%
- E-Wallet 31%
- Other 4%
[{"label":"Card","value":"44"},{"label":"Cash","value":"3"},{"label":"Bank Transfer","value":"18"},{"label":"E-Wallet","value":"31"},{"label":"Other","value":"4"}]
Payment Methods in Spain
Card Scheme Breakdown
- Visa 59%
- Mastercard 39%
- American Express 2%
- Local schemes 0%
- Other 0%
[{"label":"Visa","value":"59"},{"label":"Mastercard","value":"39"},{"label":"American Express","value":"2"},{"label":"Local schemes","value":"0"},{"label":"Other","value":"0"}]
Cross-Border E-Commerce
76
Online shoppers who have shopped cross-border
23
Cross-border proportion of total e-commerce
20.2 bn
$US
Value of cross-border e-commerce
Top cross-border shopping origin markets