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Country Report

Charge Card Transactions in

Charge Cards in Spain

24 pages, Nov 2018

US$990

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Executive Summary

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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Personal charge cards records growth for the third consecutive year

Despite the strong competition from debit cards, personal charge cards registered current value and transaction growth for the third consecutive year in 2018. Charge cards, like debit cards, benefited from the shift away from cash payments.

Commercial charge cards recovers its position

Commercial charge cards also increased in volume and current value terms in 2018. This was due to government efforts to fight money laundering and the “black” economy.

Digitalisation of banking services to put pressure on growth in charge cards

The rapid entry of fintechs in a market that was dominated by banks several years ago is paving the way for the digital transformation of banking services through the development of mobile payments and payment solutions via wearables (watches). Fintech companies offer products and services to their customers in a quicker and easier way than traditional banks, which led the banks to engage in developing “smart” platforms (La Caixa, Santander and BBVA are leading the digital banking transformation in Spain) to offer financial services.

COMPETITIVE LANDSCAPE

American Express continues to lose ground

American Express’s share of charge card payments in Spain fell during the review period. Amongst the reasons is that it is a bank under regulation by the US Federal Reserve Bank, and thus has a lower capacity to adapt to the rapid changes that are taking place in terms of payment methods in Europe compared with Visa and Mastercard International.

A new Spanish operator will compete with Visa, Mastercard and American Express

In 2017, most share in the Spanish market in terms of cards in circulation and value sales in charge cards was held by the operators Visa, Mastercard International and American Express. Visa remained the leader in 2017; however, in 2018 a new enterprise between the three Spanish payment systems Servired, Euro 6000 and 4B launched a new card in the Spanish market.

The competition between players is intensifying

Although the benefits of issuing charge cards are not as high as those for credit cards or consumer loans, the competition in this category is intensifying. Most of the time, when issuing a card to a customer (a charge card, for example) the issuer has an opportunity to convince the customer to acquire more products.

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Overview

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Charge Cards in Spain - Category analysis

Charge Cards in Spain - Company Profile

HEADLINES

PROSPECTS

Personal charge cards records growth for the third consecutive year

Commercial charge cards recovers its position

Digitalisation of banking services to put pressure on growth in charge cards

COMPETITIVE LANDSCAPE

American Express continues to lose ground

A new Spanish operator will compete with Visa, Mastercard and American Express

The competition between players is intensifying

CATEGORY DATA

Table 1 Charge Cards: Number of Cards in Circulation 2013-2018
Table 2 Charge Cards Transactions 2013-2018
Table 3 Charge Cards in Circulation: % Growth 2013-2018
Table 4 Charge Cards Transactions: % Growth 2013-2018
Table 5 Commercial Charge Cards: Number of Cards in Circulation 2013-2018
Table 6 Commercial Charge Cards Transactions 2013-2018
Table 7 Commercial Charge Cards in Circulation: % Growth 2013-2018
Table 8 Commercial Charge Cards Transactions: % Growth 2013-2018
Table 9 Personal Charge Cards: Number of Cards in Circulation 2013-2018
Table 10 Personal Charge Cards Transactions 2013-2018
Table 11 Personal Charge Cards in Circulation: % Growth 2013-2018
Table 12 Personal Charge Cards Transactions: % Growth 2013-2018
Table 13 Charge Cards: Number of Cards by Issuer 2013-2017
Table 14 Charge Cards: Number of Cards by Operator 2013-2017
Table 15 Charge Cards Payment Transaction Value by Issuer 2013-2017
Table 16 Charge Cards Payment Transaction Value by Operator 2013-2017
Table 17 Commercial Charge Cards: Number of Cards by Issuer 2013-2017
Table 18 Commercial Charge Cards: Number of Cards by Operator 2013-2017
Table 19 Commercial Charge Cards Payment Transaction Value by Issuer 2013-2017
Table 20 Commercial Charge Cards Payment Transaction Value by Operator 2013-2017
Table 21 Personal Charge Cards: Number of Cards by Issuer 2013-2017
Table 22 Personal Charge Cards: Number of Cards by Operator 2013-2017
Table 23 Personal Charge Cards Transaction Value by Issuer 2013-2017
Table 24 Personal Charge Cards Transaction Value by Operator 2013-2017
Table 25 Forecast Charge Cards: Number of Cards in Circulation 2018-2023
Table 26 Forecast Charge Cards Transactions 2018-2023
Table 27 Forecast Charge Cards in Circulation: % Growth 2018-2023
Table 28 Forecast Charge Cards Transactions: % Growth 2018-2023
Table 29 Forecast Commercial Charge Cards: Number of Cards in Circulation 2018-2023
Table 30 Forecast Commercial Charge Cards Transactions 2018-2023
Table 31 Forecast Commercial Charge Cards in Circulation: % Growth 2018-2023
Table 32 Forecast Commercial Charge Cards Transactions: % Growth 2018-2023
Table 33 Forecast Personal Charge Cards: Number of Cards in Circulation 2018-2023
Table 34 Forecast Personal Charge Cards Transactions 2018-2023
Table 35 Forecast Personal Charge Cards in Circulation: % Growth 2018-2023
Table 36 Forecast Personal Charge Cards Transactions: % Growth 2018-2023

Credit Cards in Spain - Category analysis

Credit Cards in Spain - Company Profile

HEADLINES

PROSPECTS

Credit cards gain popularity amongst Spaniards once again

Revolving credit is gaining popularity

Commercial credit cards continues to increase, but still has a low presence

COMPETITIVE LANDSCAPE

New players gain share

Credit cards are used by traditional banks to recover revenues

A new Spanish operator will compete with Visa, Mastercard and American Express

CATEGORY DATA

Table 37 Credit Cards: Number of Cards in Circulation 2013-2018
Table 38 Credit Cards Transactions 2013-2018
Table 39 Credit Cards in Circulation: % Growth 2013-2018
Table 40 Credit Cards Transactions: % Growth 2013-2018
Table 41 Commercial Credit Cards: Number of Cards in Circulation 2013-2018
Table 42 Commercial Credit Cards Transactions 2013-2018
Table 43 Commercial Credit Cards in Circulation: % Growth 2013-2018
Table 44 Commercial Credit Cards Transactions: % Growth 2013-2018
Table 45 Personal Credit Cards: Number of Cards in Circulation 2013-2018
Table 46 Personal Credit Cards Transactions 2013-2018
Table 47 Personal Credit Cards in Circulation: % Growth 2013-2018
Table 48 Personal Credit Cards Transactions: % Growth 2013-2018
Table 49 Credit Cards: Number of Cards by Issuer 2013-2017
Table 50 Credit Cards: Number of Cards by Operator 2013-2017
Table 51 Credit Cards Payment Transaction Value by Issuer 2013-2017
Table 52 Credit Cards Payment Transaction Value by Operator 2013-2017
Table 53 Commercial Credit Cards: Number of Cards by Issuer 2013-2017
Table 54 Commercial Credit Cards: Number of Cards by Operator 2013-2017
Table 55 Commercial Credit Cards Payment Transaction Value by Issuer 2013-2017
Table 56 Commercial Credit Cards Payment Transaction Value by Operator 2013-2017
Table 57 Personal Credit Cards: Number of Cards by Issuer 2013-2017
Table 58 Personal Credit Cards: Number of Cards by Operator 2013-2017
Table 59 Personal Credit Cards Payment Transaction Value by Issuer 2013-2017
Table 60 Personal Credit Cards Payment Transaction Value by Operator 2013-2017
Table 61 Forecast Credit Cards: Number of Cards in Circulation 2018-2023
Table 62 Forecast Credit Cards Transactions 2018-2023
Table 63 Forecast Credit Cards in Circulation: % Growth 2018-2023
Table 64 Forecast Credit Cards Transactions: % Growth 2018-2023
Table 65 Forecast Commercial Credit Cards: Number of Cards in Circulation 2018-2023
Table 66 Forecast Commercial Credit Cards Transactions 2018-2023
Table 67 Forecast Commercial Credit Cards in Circulation: % Growth 2018-2023
Table 68 Forecast Commercial Credit Cards Transactions: % Growth 2018-2023
Table 69 Forecast Personal Credit Cards: Number of Cards in Circulation 2018-2023
Table 70 Forecast Personal Credit Cards Transactions 2018-2023
Table 71 Forecast Personal Credit Cards in Circulation: % Growth 2018-2023
Table 72 Forecast Personal Credit Cards Transactions: % Growth 2018-2023

Debit Cards in Spain - Category analysis

Debit Cards in Spain - Company Profile

HEADLINES

PROSPECTS

Debit card remains the preferred payment option amongst Spanish consumers

Personal debit cards are most popular; they are less for commercial use

Contactless payments continue to grow

COMPETITIVE LANDSCAPE

Strong competition amongst financial institutions

A new Spanish operator is set to compete with Visa and Mastercard in Spain

Debit cards are used to attract credit card customers

CATEGORY DATA

Table 73 Debit Cards: Number of Cards in Circulation 2013-2018
Table 74 Debit Cards Transactions 2013-2018
Table 75 Debit Cards in Circulation: % Growth 2013-2018
Table 76 Debit Cards Transactions: % Growth 2013-2018
Table 77 Debit Cards: Number of Cards by Issuer 2013-2017
Table 78 Debit Cards: Number of Cards by Operator 2013-2017
Table 79 Debit Cards Payment Transaction Value by Issuer 2013-2017
Table 80 Debit Cards Payment Transaction Value by Operator 2013-2017
Table 81 Forecast Debit Cards: Number of Cards in Circulation 2018-2023
Table 82 Forecast Debit Cards Transactions 2018-2023
Table 83 Forecast Debit Cards in Circulation: % Growth 2018-2023
Table 84 Forecast Debit Cards Transactions: % Growth 2018-2023

Pre-Paid Cards in Spain - Category analysis

Pre-Paid Cards in Spain - Company Profile

HEADLINES

PROSPECTS

Pre-paid cards are considered safe

Open loop pre-paid cards remains a niche

Transportation cards drives the growth of closed loop pre-paid cards

COMPETITIVE LANDSCAPE

Transportation pre-paid cards is characterised by a range of players

Pre-paid card features help to increase the competition

Different strategies from issuers to make pre-paid cards more attractive

CATEGORY DATA

Table 85 Pre-paid Cards: Number of Cards in Circulation 2013-2018
Table 86 Pre-paid Cards Transactions 2013-2018
Table 87 Pre-paid Cards in Circulation: % Growth 2013-2018
Table 88 Pre-paid Cards Transactions: % Growth 2013-2018
Table 89 Closed Loop Pre-paid Cards Transactions 2013-2018
Table 90 Closed Loop Pre-paid Cards Transactions: % Growth 2013-2018
Table 91 Open Loop Pre-paid Cards Transactions 2013-2018
Table 92 Open Loop Pre-paid Cards Transactions: % Growth 2013-2018
Table 93 Pre-paid Cards: Number of Cards by Issuer 2013-2017
Table 94 Pre-paid Cards: Number of Cards by Operator 2013-2017
Table 95 Pre-paid Cards Transaction Value by Issuer 2013-2017
Table 96 Pre-paid Cards Transaction Value by Operator 2013-2017
Table 97 Closed Loop Pre-paid Cards: Number of Cards by Issuer 2013-2017
Table 98 Closed Loop Pre-paid Cards: Number of Cards by Operator 2013-2017
Table 99 Closed Loop Pre-paid Cards Transaction Value by Issuer 2013-2017
Table 100 Closed Loop Pre-paid Cards Transaction Value by Operator 2013-2017
Table 101 Open Loop Pre-paid Cards: Number of Cards by Issuer 2013-2017
Table 102 Open Loop Pre-paid Cards: Number of Cards by Operator 2013-2017
Table 103 Open Loop Pre-paid Cards Transaction Value by Issuer 2013-2017
Table 104 Open Loop Pre-paid Cards Transaction Value by Operator 2013-2017
Table 105 Forecast Pre-paid Cards: Number of Cards in Circulation 2018-2023
Table 106 Forecast Pre-paid Cards Transactions 2018-2023
Table 107 Forecast Pre-paid Cards in Circulation: % Growth 2018-2023
Table 108 Forecast Pre-paid Cards Transactions: % Growth 2018-2023
Table 109 Forecast Closed Loop Pre-paid Cards Transactions 2018-2023
Table 110 Forecast Closed Loop Pre-paid Cards Transactions: % Growth 2018-2023
Table 111 Forecast Open Loop Pre-paid Cards Transactions 2018-2023
Table 112 Forecast Open Loop Pre-paid Cards Transactions: % Growth 2018-2023

Store Cards in Spain - Category analysis

Store Cards in Spain - Company Profile

HEADLINES

PROSPECTS

The performance of store cards improves, but the category has yet to take off

Store cards are more popular amongst older consumers

Lack of knowledge of the advantages of store cards

COMPETITIVE LANDSCAPE

El Corte Inglés’ store card remains the most important

Mercadona’s store card benefits from the strength of the Mercadona brand

CATEGORY DATA

Table 113 Store Cards: Number of Cards in Circulation 2013-2018
Table 114 Store Cards Transactions 2013-2018
Table 115 Store Cards in Circulation: % Growth 2013-2018
Table 116 Store Cards Transactions: % Growth 2013-2018
Table 117 Store Cards: Number of Cards by Issuer 2013-2017
Table 118 Store Cards: Payment Transaction Value by Issuer 2013-2017
Table 119 Forecast Store Cards: Number of Cards in Circulation 2018-2023
Table 120 Forecast Store Cards Transactions 2018-2023
Table 121 Forecast Store Cards in Circulation: % Growth 2018-2023
Table 122 Forecast Store Cards Transactions: % Growth 2018-2023

Financial Cards and Payments in Spain - Industry Overview

EXECUTIVE SUMMARY

Improved economic conditions contribute to the increase in financial transactions

Further digitalisation of banking services to adapt to the needs of customers

A greater variety of cards due to the transparency provided by comparison platforms

Revolving credit is gaining popularity

Total card transactions are expected to continue growing over the forecast period

MARKET INDICATORS

Table 123 Number of POS Terminals: Units 2013-2018
Table 124 Number of ATMs: Units 2013-2018
Table 125 Value Lost to Fraud 2013-2018
Table 126 Card Expenditure by Location 2017
Table 127 Financial Cards in Circulation by Type: % Number of Cards 2013-2018
Table 128 Domestic versus Foreign Spend 2018

MARKET DATA

Table 129 Financial Cards by Category: Number of Cards in Circulation 2013-2018
Table 130 Financial Cards by Category: Number of Accounts 2013-2018
Table 131 Financial Cards Transactions by Category: Value 2013-2018
Table 132 Financial Cards by Category: Number of Transactions 2013-2018
Table 133 Consumer Payments by Category: Value 2013-2018
Table 134 Consumer Payments by Category: Number of Transactions 2013-2018
Table 135 M-Commerce by Category: Value 2013-2018
Table 136 M-Commerce by Category: % Value Growth 2013-2018
Table 137 Financial Cards: Number of Cards by Issuer 2013-2017
Table 138 Financial Cards: Number of Cards by Operator 2013-2017
Table 139 Financial Cards: Card Payment Transactions Value by Operator 2013-2017
Table 140 Financial Cards: Card Payment Transactions Value by Issuer 2013-2017
Table 141 Forecast Financial Cards by Category: Number of Cards in Circulation 2018-2023
Table 142 Forecast Financial Cards by Category: Number of Accounts 2018-2023
Table 143 Forecast Financial Cards Transactions by Category: Value 2018-2023
Table 144 Forecast Financial Cards by Category: Number of Transactions 2018-2023
Table 145 Forecast Consumer Payments by Category: Value 2018-2023
Table 146 Forecast Consumer Payments by Category: Number of Transactions 2018-2023
Table 147 Forecast M-Commerce by Category: Value 2018-2023
Table 148 Forecast M-Commerce by Category: % Value Growth 2018-2023

Megatrends

Country Report

Charge Cards in Spain

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Personal charge cards records growth for the third consecutive year

Commercial charge cards recovers its position

Digitalisation of banking services to put pressure on growth in charge cards

COMPETITIVE LANDSCAPE

American Express continues to lose ground

A new Spanish operator will compete with Visa, Mastercard and American Express

The competition between players is intensifying

Overview

Why buy this report?

Want to find out more about this report?

Table of Contents

Charge Cards in Spain - Category analysis

Charge Cards in Spain - Company Profile

HEADLINES

PROSPECTS

Personal charge cards records growth for the third consecutive year

Commercial charge cards recovers its position

Digitalisation of banking services to put pressure on growth in charge cards

COMPETITIVE LANDSCAPE

American Express continues to lose ground

A new Spanish operator will compete with Visa, Mastercard and American Express

The competition between players is intensifying

CATEGORY DATA

Credit Cards in Spain - Category analysis

Credit Cards in Spain - Company Profile

HEADLINES

PROSPECTS

Credit cards gain popularity amongst Spaniards once again

Revolving credit is gaining popularity

Commercial credit cards continues to increase, but still has a low presence

COMPETITIVE LANDSCAPE

New players gain share

Credit cards are used by traditional banks to recover revenues

A new Spanish operator will compete with Visa, Mastercard and American Express

CATEGORY DATA

Debit Cards in Spain - Category analysis

Debit Cards in Spain - Company Profile

HEADLINES

PROSPECTS

Debit card remains the preferred payment option amongst Spanish consumers

Personal debit cards are most popular; they are less for commercial use

Contactless payments continue to grow

COMPETITIVE LANDSCAPE

Strong competition amongst financial institutions

A new Spanish operator is set to compete with Visa and Mastercard in Spain

Debit cards are used to attract credit card customers

CATEGORY DATA

Pre-Paid Cards in Spain - Category analysis

Pre-Paid Cards in Spain - Company Profile

HEADLINES

PROSPECTS

Pre-paid cards are considered safe

Open loop pre-paid cards remains a niche

Transportation cards drives the growth of closed loop pre-paid cards

COMPETITIVE LANDSCAPE

Transportation pre-paid cards is characterised by a range of players

Pre-paid card features help to increase the competition

Different strategies from issuers to make pre-paid cards more attractive

CATEGORY DATA

Store Cards in Spain - Category analysis

Store Cards in Spain - Company Profile

HEADLINES

PROSPECTS

The performance of store cards improves, but the category has yet to take off

Store cards are more popular amongst older consumers

Lack of knowledge of the advantages of store cards

COMPETITIVE LANDSCAPE

El Corte Inglés’ store card remains the most important

Mercadona’s store card benefits from the strength of the Mercadona brand

CATEGORY DATA

Financial Cards and Payments in Spain - Industry Overview

EXECUTIVE SUMMARY

Improved economic conditions contribute to the increase in financial transactions