Toll Free: 1-888-928-9744

The Cards and Payments Industry in Spain: Emerging Trends and Opportunities to 2020

Published: Mar, 2016 | Pages: 67 | Publisher: Timetric
Industry: Financial Services | Report Format: Electronic (PDF)

Synopsis
Timetric's 'The Cards and Payments Industry in Spain: Emerging Trends and Opportunities to 2020' report provides detailed analysis of market trends in Spain cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including check payments, credit transfers, direct debits, payment cards and cash transactions during the review period (2011-2015). The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, and transaction values and volumes during the review period and over the forecast period (2016-2020). It also offers information on the country's competitive landscape, including market shares of issuers and schemes. The report brings together Timetric's research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies, recent changes in regulatory structure and profiles of card issuers operating in the country.

Summary
Timetric's 'The Cards and Payments Industry in Spain: Emerging Trends and Opportunities to 2020' report provides top-level market analysis, information and insights into Spain's cards and payments industry, including: Current and forecast values for each market in Spain cards and payments industry, including debit card, credit and charge cards. Detailed insights into payment instruments including credit transfers, cash transactions, checks, direct debits and payment cards. It also, includes an overview of the country's key alternative payment instruments. E-commerce market analysis and online payment types. Analysis of various market drivers and regulations governing Spain's cards and payments industry. Detailed analysis of strategies adopted by banks and other institutions to market debit, credit and charge cards. Comprehensive analysis of consumer attitudes and buying preferences for cards. The competitive landscape of Spain's cards and payments industry.

Scope
This report provides a comprehensive analysis of Spain's cards and payments industry. It provides current values for Spain's cards and payments industry for 2015, and forecast figures to 2020. It details the different demographic, economic, infrastructural and business drivers affecting Spain's cards and payments industry. It outlines the current regulatory framework in the industry. It details marketing strategies used by various banks and other institutions. It profiles major banks in Spain's cards and payments industry.

Reasons to Buy
Make strategic business decisions, using top-level historic and forecast market data, related to Spain's cards and payments industry and each market within it. Understand the key market trends and growth opportunities in Spain's cards and payments industry. Assess the competitive dynamics in Spain's cards and payments industry. Gain insights into marketing strategies used for various card types in Spain. Gain insights into key regulations governing Spain's cards and payments industry.

Key Highlights
To increase the uptake of mobile point of sale (mPOS) among small merchants, solution providers are offering terminals at lower costs. One of the latest being the introduction of mPOS solution for SMEs by domestic solution provider, SetPay in July 2015. The solution is compatible with iOS and Android phones, and comes with a chip and PIN reader which can be connected via Bluetooth. In 2013, Banco Santander partnered with a Swedish payment service provider, iZettle to enable self-employed professionals and micro merchants to accept card payments via a smart phone or tablet. This was followed by the launch of the mPOS solution by Banco Sabadell in partnership with Ingenico in the same year. The mPOS terminal was EMV-compliant and accepts contactless payments. The introduction of low-cost solutions is anticipated to encourage merchants to accept card-based payments. The emergence of digital-only banks is likely to accelerate the shift towards electronic payments in Spain. The mobile-only bank imaginBank, launched by CaixaBank in January 2016, provides banking services exclusively through mobile apps and social networks. Through the mobile app, consumers can apply for current accounts, credit cards, consumer loans; manage their personal finances; and make person-to-person (P2P) payments. The bank also offers banking services on Facebook. Users can use the imaginBank Facebook application to find out their bank balance and view recent transactions. The uptake of alternative payments among Spanish consumers is gaining traction due to the availability of a number of options such as iupay, Orange Cash, BBVA Wallet and Caixa Wallet. Banks and telecom operators are also investing to offer their customers a choice of payment options, whether in-store, at home or on the move. Most recently in January 2016, CaixaBank signed an agreement with Samsung Electronics to add Samsung Pay to its mobile payment service. Customers of CaixaBank and its subsidiary imaginBank are the first in Spain to access the Samsung Pay service. This service is accepted in all stores that accept contactless payments, with the number amounting to over 600,000 payment terminals. The launch of Samsung Pay is likely to intensify competition in Spain's alternative payments market.
 Table of Contents
1 Definitions and Methodology 1.1 Definitions 1.2 Methodology 2 Key Facts and Events 3 Executive Summary 4 Payment Instruments 4.1 Current Payment Environment 5 E-Commerce 5.1 E-Commerce Market Analysis 6 Alternative Payments 6.1 Alternative Payment Instruments 6.1.1 Orange Cash 6.1.2 iupay 6.1.3 Kuapay 6.1.4 Teleingreso 6.1.5 BBVA Wallet 6.1.6 Caixa Wallet 6.1.7 Paysafecard 6.1.8 Vodafone SmartPass Wallet 6.1.9 Ukash 6.1.10 Samsung Pay 6.1.11 PayPal 7 Regulations in the Cards and Payments Industry 7.1 Regulatory Framework 7.1.1 Code of conduct for European banking systems 7.1.2 SEPA cards framework 7.1.3 Interchange fee regulation 7.2 Anti-Money Laundering (AML) 7.3 Foreign Direct Investment (FDI) Regulations 8 Analysis of Cards and Payments Industry Drivers 8.1 Demographic Drivers 8.2 Economic Drivers 8.3 Infrastructure Drivers 8.4 Business Drivers 9 Market Segmentation and New Product Launches 9.1 Market Segmentation and Targeting 9.1.1 Consumer cards 9.1.2 Commercial cards 9.2 New Product Launches 10 Payment Cards 10.1 Payment Cards Analysis 10.1.1 Volume and value of payment card transactions by type 10.1.2 Personal vs commercial cards 11 Debit Cards 11.1 Debit Card Market Analysis 11.1.1 Debit card transaction volumes and values by channel 11.1.2 Debit card scheme and issuer shares in terms of transaction value 11.1.3 Debit cards comparison 12 Credit Cards 12.1 Credit Card Market Analysis 12.1.1 Credit card transaction volumes and values by channel 12.1.2 Credit card scheme and issuer shares in terms of transaction value 12.1.3 Credit cards comparison 13 Charge Cards 13.1 Charge Card Market Analysis 13.1.1 Charge card transaction volumes and values by channel 13.1.2 Charge card scheme shares in terms of transaction value 14 Commercial Cards 14.1 Commercial Card Market Analysis 14.1.1 Commercial cards comparison 15 Card Issuers 15.1 CaixaBank 15.2 Banco Bilbao Vizcaya Argentaria (BBVA) 15.3 Bankia 15.4 Banco Santander 15.5 Banco Sabadell 16 Merchant Acquiring 16.1 Merchant Acquiring Market Analysis 17 Appendix 17.1 Tables 17.2 Contact Timetric 17.3 About Timetric 17.4 Timetric's Services 17.5 Disclaimer
List of Tables
Table 1: Key Definitions Table 2: Annual Average Exchange Rate Table 3: Spain - Key Facts, 2015 Table 4: Regional Benchmarking of Spain Payment Cards, 2015 Table 5: Spain - Mode of Entry of Foreign Banks Table 6: Cards for High-Income Consumers, 2016 Table 7: Cards for Shoppers, 2016 Table 8: Co-branded Cards, 2016 Table 9: Cards for Students and Young Population, 2016 Table 10: Cards for Travelers, 2016 Table 11: Commercial Cards Comparison and Key Features, 2016 Table 12: Spain - New Product Launches Table 13: Spain - Debit Cards Comparison and Key Features, 2016 Table 14: Spain - Gold Credit Cards Comparison and Key Features, 2016 Table 15: Spain - Premium Credit Cards Comparison and Key Features, 2016 Table 16: Spain - Commercial Cards Comparison and Key Features, 2016 Table 17: Spain - Payment Instrument Transaction Values (EUR Billion), 2011-2015 Table 18: Spain - Payment Instrument Transaction Values (US$ Billion), 2011-2015 Table 19: Spain - Payment Instrument Transaction Volumes (Million), 2011-2015 Table 20: Spain - Number of Payment Cards in Circulation by Type (Million), 2011-2020 Table 21: Spain - Volume of Payment Card Transactions by Type (Million), 2011-2020 Table 22: Spain - Value of Payment Card Transactions by Type (EUR Billion), 2011-2020 Table 23: Spain - Value of Payment Card Transactions by Type (US$ Billion), 2011-2020 Table 24: Spain - Personal and Commercial Card Transaction Volumes (Million), 2011-2020 Table 25: Spain - Personal and Commercial Card Transaction Values (EUR Billion), 2011-2020 Table 26: Spain - Personal and Commercial Card Transaction Values (US$ Billion), 2011-2020 Table 27: Spain - Number of Debit Cards in Circulation (Million), 2011-2020 Table 28: Spain - Debit Card Transaction Volumes and Frequency by Channel, 2011-2020 Table 29: Spain - Debit Card Total and Average Transaction Values by Channel, 2011-2020 Table 30: Spain - Debit Card Total and Average Transaction Values by Channel, 2011-2020 Table 31: Spain - Number of Debit Cards in Circulation by Scheme (Million), 2011-2015 Table 32: Spain - Debit Card Transaction Values by Scheme (EUR Billion), 2011-2015 Table 33: Spain - Debit Card Transaction Values by Scheme (US$ Billion), 2011-2015 Table 34: Spain - Debit Card Transaction Values by Issuer (EUR Billion), 2011-2015 Table 35: Spain - Debit Card Transaction Values by Issuer (US$ Billion), 2011-2015 Table 36: Spain - Number of Credit Cards in Circulation (Million), 2011-2020 Table 37: Spain - Credit Card Transaction Volumes and Frequency by Channel, 2011-2020 Table 38: Spain - Credit Card Total and Average Transaction Values by Channel, 2011-2020 Table 39: Spain - Credit Card Total and Average Transaction Values by Channel, 2011-2020 Table 40: Spain - Number of Credit Cards in Circulation by Scheme (Million), 2011-2015 Table 41: Spain - Credit Card Transaction Values by Scheme (EUR Billion), 2011-2015 Table 42: Spain - Credit Card Transaction Values by Scheme (US$ Billion), 2011-2015 Table 43: Spain - Pay Later Card Transaction Values by Issuer (EUR Billion), 2011-2015 Table 44: Spain - Pay Later Card Transaction Values by Issuer (US$ Billion), 2011-2015 Table 45: Spain - Number of Charge Cards in Circulation (Million), 2011-2020 Table 46: Spain - Charge Card Transaction Volumes and Frequency by Channel, 2011-2020 Table 47: Spain - Charge Card Total and Average Transaction Values by Channel, 2011-2020 Table 48: Spain - Charge Card Total and Average Transaction Values by Channel, 2011-2020 Table 49: Spain - Number of Charge Cards in Circulation by Scheme (Million), 2011-2015 Table 50: Spain - Charge Card Transaction Values by Scheme (EUR Billion), 2011-2015 Table 51: Spain - Charge Card Transaction Values by Scheme (US$ Billion), 2011-2015 Table 52: Spain - Number of Commercial Cards in Circulation (Million), 2011-2020 Table 53: Spain - Commercial Card Transaction Values (EUR Billion), 2011-2020 Table 54: Spain - Commercial Card Transaction Values (US$ Billion), 2011-2020 Table 55: Spain - Merchant Acquiring Transaction Volumes by Channel (Billion), 2011-2020 Table 56: Spain - Merchant Acquiring Transaction Values (EUR Billion), 2011-2020 Table 57: Spain - Merchant Acquiring Transaction Values (US$ Billion), 2011-2020 Table 58: Spain - Acquirers' Transaction Volumes (Million), 2011-2015 Table 59: Spain - Acquirers' Transaction Values (EUR Billion), 2011-2015 Table 60: Spain - Acquirers' Transaction Values (US$ Billion), 2011-2015 Table 61: Spain - Retail Outlets and Merchant Accounts (Thousand), 2011-2020



To request a free sample copy of this report, please complete the form below.

We never share your personal data. Privacy policy
Interested in this report? Get your FREE sample now! Get a Free Sample
Choose License Type
Single User - US $3995
Multi User - US $7990
Hexareeasearch Know

Did you know?

Research Assistance

Phone: 1-415-349-0054

Toll Free: 1-888-928-9744

Email: [email protected]

Why to buy from us

Custom research service

Speak to the report author to design an exclusive study to serve your research needs.

Information security

Your personal and confidential information is safe and secure.

verify