Trends and developments in payments by Spanish consumers

Isabel Rodríguez Molina and Álvaro Esandi Erro
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Isabel Rodríguez Molina: Banco de España
Álvaro Esandi Erro: Banco de España

Economic Bulletin, 2025, issue 2025/Q2, No 03

Abstract: Rationale The increasing digitalisation of means of payment is having a significant impact on how consumers pay. Analysing how means of payment are used allows us to assess whether consumers have safe, efficient and inclusive payment options available to them. Takeaways •The use of mobile devices at the point of sale has doubled since 2022, although cash and cards remain the most frequently used means of payment. •Cards are the chief payment method online and instant payments stand out in person-to-person payments. •The main factors persuading consumers to try out new means of payment are ease of use and higher security standards.

Keywords: Means of payment; payment attitudes; digital payments; online payments; cash; cards; instant payments; e-payment solutions (search for similar items in EconPapers)
JEL-codes: D14 E42 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:bde:journl:y:2025:i:02:n:03

DOI: 10.53479/39607

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