866-997-4948(US-Canada Toll Free)

Emerging Opportunities in Spains Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape

Published By :

Timetric

Published Date : Mar 2013

Category :

Banking

No. of Pages : 89 Pages

Synopsis

The report provides market analysis, information and insights into Spains cards and payments market, including:
  • Current and forecast values for each category of Spains cards and payments industry including debit cards, credit cards, prepaid cards and charge cards
  • Comprehensive analysis of the industrys market attractiveness and future growth areas
  • Analysis of various market drivers and regulations governing Spains cards and payments industry
  • Detailed analysis of the marketing strategies adopted for selling debit, credit, charge and prepaid cards used by various bankers and other institutions in the market
  • Comprehensive analysis of consumer attitudes and their buying preferences for cards
  • Competitive landscape of Spains cards and payments industry
Summary

Although the financial crisis and conservative consumer spending has hampered growth in all card categories, the cards and payments industry in Spain is expected to recover over the forecast period, with prepaid cards expected to show the highest growth. Closed-loop prepaid cards, anticipated to grow at a CAGR of 9.79%, are expected to be the most promising sector with demand expected from both retail and corporate users as consumers attempt to tighten household spending and businesses look to contain travel and employee expenses. 

Growth in all card categories was impaired during the review period by conservative consumer spending due to the financial crisis and subsequent austerity measures. The overall industry declined at a CAGR of 3.75% in terms of transaction value, with the debit, credit, prepaid and charge card categories recording CAGRs of 4.93%, -2.49%, -12.07% and -2.01% respectively. The total number of cards in issue fell as customers cancelled unused or little-used cards which charged fees.

Scope

  • This report provides a comprehensive analysis of Spains cards and payments industry
  • It provides current values for Spains cards and payments industry for 2012 and forecast figures for 2017
  • It details the different macroeconomic, infrastructural, consumer and business drivers affecting Spains cards and payments industry
  • It outlines the current regulatory framework in the industry
  • It details the marketing strategies used by various bankers and other institutions.
  • It profiles the major banks in Spains cards and payments industry
Reasons To Buy

  • Make strategic business decisions using historic and forecast market data related to Spains cards and payments industry and each market within it
  • Understand the key market trends and growth opportunities within Spains cards and payments industry
  • Assess the competitive dynamics in Spains cards and payments industry
  • Gain insights into the marketing strategies used for selling various types of cards in Spain
  • Gain insights into key regulations governing Spains cards and payments industry
Key Highlights

  • Although the financial crisis and conservative consumer spending has hampered growth in all card categories, the cards and payments industry in Spain is expected to recover over the forecast period, with prepaid cards expected to show the highest growth.
  • Spains interchange environment is characterized by year-on-year reductions in interchange levels for both credit and debit cards. In 2005, the Spanish Ministry of Industrys intervention to reduce maximum interchange fees resulted in them falling from 1.75% in 2005 to 0.88% in 2009.
  • As unemployment rises, consumers are expected to become more cautious regarding spending. Unused or little-used cards with maintenance or annual fees are expected to be cancelled, with many substituted by closed-loop prepaid cards.
  • Online retail sales in Spain increased from EUR6.07 million in (US$4.1 million) 2008 to EUR12.5 million (US$9.0 million) in 2012, at a CAGR of 20.01%. The preferred online payment option was credit cards, with nearly 51% of online shoppers paying through credit cards in 2011.
Table of Content

1 Executive Summary

2 Attractiveness and Future Prospects for the Cards and Payments Industry
2.1 Growth Prospects in Terms of Number of Cards
2.2 Growth Prospects in Terms of Transaction Value

3 Spanish Cards and Payments Industry Drivers
3.1 Economic Fundamentals
3.1.1 GDP
3.1.2 Total investment
3.1.3 Inflation
3.2 Infrastructure Drivers
3.2.1 Rising mobile penetration
3.2.2 Growth of internet penetration
3.2.3 Emergence of EMV infrastructure
3.3 Business Drivers
3.3.1 Annual disposable income
3.3.2 Online retail sales
3.3.3 Mobile payments
3.4 Consumer Drivers
3.4.1 Economically active population
3.4.2 Internet users
3.4.3 Mobile phone users
3.5 Card Fraud Statistics
3.6 Regulatory Framework
3.6.1 AML/CFT regulations
3.6.2 Client due diligence requirements
3.6.3 Regulations affecting the determination of interchange fees
3.6.4 Prospective regulatory standards in Spains cards and payments industry

4 Emerging Consumer Attitudes and Trends
4.1 Market Segmentation and Targeting
4.2 Consumer Preference
4.2.1 Price
4.2.2 Convenience
4.2.3 Value-added services
4.2.4 Rewards
4.3 Online Buying Behavior
4.4 Preferred Payment Methods

5 Competitive Landscape and Industry Dynamics
5.1 Market Share Analysis by Payment Channels
5.1.1 Overview of payment channels
5.2 Debit Cards
5.2.1 By bank
5.2.2 By scheme
5.3 Credit Cards
5.3.1 By bank
5.3.2 By scheme
5.4 Charge Cards
5.4.1 By scheme

6 Strategies Adopted by Key Operators
6.1 Market Entry Strategies
6.2 Marketing and Product Strategies
6.2.1 Debit cards
6.2.2 Credit cards
6.2.3 Prepaid cards
6.3 Pricing Strategies

7 Market Size and Growth Potential of the Payments Card Industry
7.1 Market Share Analysis by Type of Card
7.2 Total Market Size and Forecast of Card Industry
7.2.1 Analysis by number of cards
7.2.2 Analysis by transaction value
7.2.3 Analysis by transaction volume
7.3 Debit Card Category Size and Forecast
7.3.1 Analysis by number of cards
7.3.2 Analysis by transaction value
7.3.3 Analysis by transaction volume
7.3.4 Other key performance indicators
7.3.5 Frequency of use
7.3.6 Use of debit cards at ATMs and POSs
7.4 Prepaid Card Category Size and Forecast
7.4.1 Analysis by number of cards
7.4.2 Analysis by segment - closed-loop and open-loop cards
7.4.3 Number of open-loop cards
7.4.4 Number of closed-loop cards
7.4.5 Analysis by transaction value
7.5 Charge Card Category Size and Forecast
7.5.1 Analysis by number of cards
7.5.2 Analysis by transaction value
7.5.3 Analysis by transaction volume
7.5.4 Other key performance indicators
7.5.5 Frequency of use
7.6 Credit Card Market Size and Forecast
7.6.1 Analysis by number of cards
7.6.2 Analysis by transaction value
7.6.3 Analysis by transaction volume
7.6.4 Other key performance indicators
7.6.5 Frequency of use
7.6.6 Average transaction value

8 Company Profiles, Product, and Marketing Strategies
8.1 Santander Group
8.1.1 Strategies
8.1.2 Credit cards offered
8.1.3 Debit cards offered
8.2 La Caixa
8.2.1 Strategies
8.2.2 Credit cards offered
8.2.3 Debit cards offered
8.2.4 Prepaid cards offered
8.3 Bankia
8.3.1 Strategies
8.3.2 Credit cards offered
8.3.3 Debit cards offered
8.3.4 Prepaid cards offered

9 Appendix
9.1 Methodology
9.2 Contact Us
9.3 About Timetric
9.3.1 Timetrics approach
9.4 Services
9.5 Disclaimer

List of Table


Table 1: Spanish Payment Channels (EUR Million), 2008-2012
Table 2: Credit Card Fees of Selected Spanish Banks
Table 3: Debit Card Fees of Selected Spanish Banks
Table 4: Prepaid Card Fees of Selected Spanish Banks
Table 5: Spanish Card Industry by Type of Card (Thousand), 2008-2017
Table 6: Spanish Cards Industry Size by Volume (Thousands), 2008-2017
Table 7: Spanish Cards Industry Size by Transaction Value (EUR Million), 2008-2017
Table 8: Spanish Cards Industry Size by Transaction Value (US$ Million), 2008-2017
Table 9: Spanish Cards Industry Size by Transaction Volume (Million), 2008-2017
Table 10: Spanish Debit Card Category Size (Thousands), 2008-2017
Table 11: Spanish Debit Card Category Market Size (EUR Million), 2008-2017
Table 12: Spanish Debit Card Category Size (US$ Million), 2008-2017
Table 13: Spanish Debit Card Category Size by Transaction Volume (Million), 2008-2017
Table 14: Spanish Card Category Size by Frequency of Use (Transactions per Card per Year), 2008-2017
Table 15: Spanish Prepaid Cards Category Size (Thousands), 2008-2017
Table 16: Spanish Open-Loop Prepaid Cards Segment Size (Thousands), 2008-2017
Table 17: Spanish Closed-Loop Prepaid Cards Segment Size (Thousands), 2008-2017
Table 18: Spanish Prepaid Cards Category Size (EUR Million), 2008-2017
Table 19: Spanish Prepaid Cards Category Size (US$ Million), 2008-2017
Table 20: Spanish Charge Card Category Size (Thousands), 2008-2017
Table 21: Spanish Charge Card Category Size (EUR Million), 2008-2017
Table 22: Spanish Charge Card Category Size (US$ Million), 2008-2017
Table 23: Spanish Charge Card Category Size by Transaction Volume (Million), 2008-2017
Table 24: Spanish Charge Card Category Size by Frequency of Use (Transactions per Card per Year), 2008-2017
Table 25: Spanish Credit Card Category Size by Volume (Thousands), 2008-2017
Table 26: Spanish Credit Card Category Size by Transaction Value (EUR Million), 2008-2017
Table 27: Spanish Credit Card Category Size by Transaction Value (US$ Million), 2008-2017
Table 28: Spanish Credit Card Category Size by Transaction Volume (Million), 2008-2017
Table 29: Spanish Credit Card Category Size by Frequency of Use (Transactions per Card per Year), 2008-2017
Table 30: Spanish Credit Card Category Size by Average Transaction Value (EUR), 2008-2017
Table 31: Spanish Credit Card Category Size by Average Transaction Value (US$), 2008-2017

List of Chart


Figure 1: Current and Future Prospects of Various Cards in Spain in Terms of Number of Cards, 2012-2017
Figure 2: Current and Future Prospects of Various Cards in Spain in Terms of Transaction Value (%), 2008-2017
Figure 3: Current and Future Growth Prospects of Closed-Loop Cards in Spain
Figure 4: Growth Potential of Spains Cards and Payments Industry by Area of Use
Figure 5: Spanish Cards and Payments Industry Drivers
Figure 6: Spanish GDP at Constant Prices (% Change), 2008-2017
Figure 7: Spanish Total Investment (% of GDP), 2008-2017
Figure 8: Spanish Inflation Rate, Average Consumer Prices (%), 2008-2017
Figure 9: Mobile Penetration in Spain (%), 2008-2012
Figure 10: Internet Penetration in Spain (%), 2008-2012
Figure 11: Spanish Annual Disposable Income (EUR Million), 2008-2017
Figure 12: Spanish Online Retail Sales (EUR Million), 2008-2012
Figure 13: Spanish Mobile Payments (EUR Million), 2008-2012
Figure 14: Spanish Economically Active Population, 2008-2017
Figure 15: Number of Internet Users in Spain, 2008-2012
Figure 16: Number of Mobile Phone Users in Spain, 2008-2012
Figure 17: Spanish Card Fraud Statistics (EUR Million), 2008-2011
Figure 18: Spanish Anti-Money-Laundering Institutional Framework
Figure 19: Spanish Cards and Payments Industry Segmentation by Card Type
Figure 20: Cards Targeting Vehicle Owners
Figure 21: Cards Targeting Vehicle Owners
Figure 22: Consumer Preferences on Various Types of Cards
Figure 23: Spanish Growth of Internet Users and Online Retail Sales, 2008-2012
Figure 24: Types of Goods and Services Bought Online (as a Percentage of the Online Population), 2010
Figure 25: Leading B2C Sites by Unique Visitors, 2011
Figure 26: Leading B2C Sites by Audience Reach, 2011
Figure 27: Preferred E-Commerce Payment Methods (%), 2011
Figure 28: Preferred Online Payment Methods (%), 2011
Figure 29: Shares of Payment Channels in Spain (%), 2008 and 2012
Figure 30: Value and Growth of Credit Transfers in Spain (EUR Million), 2008-2012
Figure 31: Value and Growth of Direct Debit in Spain (EUR Million), 2008-2012
Figure 32: Value and Growth of Card Payments in Spain (EUR Million), 2008-2012
Figure 33: Value and Growth of Check Payments in Spain (EUR Million), 2008-2012
Figure 34: Spanish Debit Card Category Shares by Bank (%), 2011
Figure 35: Spanish Debit Card Category Shares by Scheme, (%), 2011
Figure 36: Spanish Credit Card Category Shares by Bank (%), 2011
Figure 37: Spanish Credit Card Category Shares by Scheme (%), 2011
Figure 38: Spanish Charge Card Category Shares by Scheme (%), 2011
Figure 39: Card Marketing Strategies of Spanish Banks
Figure 40: Spanish Card Industry by Type of Card (%), 2008-2017
Figure 41: Spanish Cards Industry Size by Volume (Thousands), 2008-2017
Figure 42: Spanish Cards Industry Size by Transaction Value (EUR Million), 2008-2017
Figure 43: Spanish Cards Industry Size by Transaction Volume (Million), 2008-2017
Figure 44: Spanish Debit Card Category Size (Thousands), 2008-2017
Figure 45: Spanish Debit Card Category Size (EUR Million), 2008-2017
Figure 46: Spains Debit Card Category Size by Transaction Volume (Million), 2008-2017
Figure 47: Spanish Card Category Size by Frequency of Use (Transactions per Card per Year), 2008-2017
Figure 48: Spanish Debit Card Use ATMs and POS Terminals (Million), 2008-2017
Figure 49: Spanish Prepaid Cards Category Size (Thousands), 2008-2017
Figure 50: Spanish Open-Loop Prepaid Cards Segment Size (Thousands), 2008-2017
Figure 51: Spanish Closed-Loop Prepaid Cards Segment Size (Thousands), 2008-2017
Figure 52: Spanish Prepaid Cards Category Size (EUR Million), 2008-2017
Figure 53: Spanish Charge Card Category Size (Thousands), 2008-2017
Figure 54: Spanish Charge Card Category Size (EUR Million), 2008-2017
Figure 55: Spanish Charge Card Category Size by Transaction Volume (Million), 2008-2017
Figure 56: Spanish Charge Card Category Size by Frequency of Use (Transactions per Card per Year), 2008-2017
Figure 57: Spanish Credit Card Category Size by Volume (Thousands), 2008-2017
Figure 58: Spanish Credit Card Category Size by Transaction Value (EUR Million), 2008-2017
Figure 59: Spanish Credit Card Category Size by Transaction Volume (Million), 2008-2017
Figure 60: Spanish Credit Card Category Size by Frequency of Use (Transactions per Card per Year), 2008-2017
Figure 61: Spanish Credit Card Category Size by Average Transaction Value (EUR), 2008-2017
Figure 62: Santander Group - Segmentation of Cards Offered
Figure 63: La Caixa - Segmentation of Cards Offered
Figure 64: Bankia - Segmentation of Cards Offered

Make an enquiry before buying this Report

Please fill the enquiry form below.

  • Full Name *
  • Your Email *
  • Job Title
  • Company *
  • Phone No. * (Pls. Affix Country Code)
  • Message
  • Security Code *

Upcoming Reports

  • Online Banking Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018

    Online banking is a service provided by financial institutions that allows customers to carry out financial transactions through secure websites. Many customers are turning towards the convenience and ease of online banking to carry out their financial transactions. These websites can be operated through a virtual bank by using a retail operator or through a credit union. With online banking, customers can conduct transactions such as account m...

  • Mobile Commerce Market - Global Industry Size, Market Share, Trends, Analysis, And Forecast, 2012 - 2017

    Mobile commerce is handled by devices like laptops, cellular phones, Smart phones and tablet computers to execute online commercial transactions. Mobile commerce is experiencing continuous growth in a variety of fields including sales and purchase of a wide range of services and goods, payments of bills, net banking and so on. All these transactions are collectively known as m-commerce or mobile commerce. Mobile commerce is a successor o...

  • ATM Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

    ATM is an abbreviation of automated teller machine which is also known as automated banking machine, cash point, cash machine or cash line. It is a computerized telecommunication device that enables a client of financial institution to perform transactions without the support of a cashier, bank teller or clerk. The customer can perform a transaction by inserting a plastic smart card or magnetic stripe with a chip containing a unique card number...