In 2022, credit and delayed debit card payments in Spain reached a total value of approximately 126 billion euros. This is an increase from the 94 billion euros reached in 2015. Recently, the number of credit cards circulating in Spain grew rapidly, reaching a total of approximately 49 million credit cards in 2016. This was an increase from the 45 million reached in 2015 and the highest number reached since the year 2000.
Value of credit card and delayed debit card transactions for payments in Spain from 2014 to 2022
(in million euros, and estimates in U.S. dollars)
The source states that "delayed debit cards are used much more in Spain than pure credit cards. (...). The difference between credit and delayed debit lies in the way funds are transferred. In the case of delayed debit cards, funds are transferred on a single charge at the end of the month without interest charges whereas the payment is split into several collection periods with their respective interest charges in the case of credit cards."
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Statista. (February 26, 2024). Value of credit card and delayed debit card transactions for payments in Spain from 2014 to 2022 (in million euros, and estimates in U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/751602/value-of-credit-and-delayed-debit-card-payments-in-spain/
Statista. "Value of credit card and delayed debit card transactions for payments in Spain from 2014 to 2022 (in million euros, and estimates in U.S. dollars)." Chart. February 26, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/751602/value-of-credit-and-delayed-debit-card-payments-in-spain/
Statista. (2024). Value of credit card and delayed debit card transactions for payments in Spain from 2014 to 2022 (in million euros, and estimates in U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/751602/value-of-credit-and-delayed-debit-card-payments-in-spain/
Statista. "Value of Credit Card and Delayed Debit Card Transactions for Payments in Spain from 2014 to 2022 (in Million Euros, and Estimates in U.S. Dollars)." Statista, Statista Inc., 26 Feb 2024, https://www.statista.com/statistics/751602/value-of-credit-and-delayed-debit-card-payments-in-spain/
Statista, Value of credit card and delayed debit card transactions for payments in Spain from 2014 to 2022 (in million euros, and estimates in U.S. dollars) Statista, https://www.statista.com/statistics/751602/value-of-credit-and-delayed-debit-card-payments-in-spain/ (last visited December 21, 2024)
Value of credit card and delayed debit card transactions for payments in Spain from 2014 to 2022 (in million euros, and estimates in U.S. dollars) [Graph], Statista, February 26, 2024. [Online]. Available: https://www.statista.com/statistics/751602/value-of-credit-and-delayed-debit-card-payments-in-spain/
