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

Published: Mar, 2014 | Pages: 109 | Publisher: Timetric
Industry: Financial Services | Report Format: Electronic (PDF)

Synopsis
The report provides top-level market analysis, information and insights on Spain's cards and payments industry, including:
Current and forecast values for each category of Spain's cards and payments industry, including debit cards, credit cards, charge cards and prepaid cards
Comprehensive analysis of the industry's market attractiveness and future growth areas
Analysis of various market drivers and regulations governing Spain's cards and payments industry
Detailed analysis of the marketing strategies adopted for selling debit, credit, prepaid and charge cards used by banks and other institutions in the market
Comprehensive analysis of consumer attitudes and buying preferences for cards
The competitive landscape of Spain's cards and payments industry

Summary
The economic crisis and conservative consumer spending has hindered growth in Spain, both in terms of number of cards in circulation, and values of all card categories during the review period (2008-2012). However, with the anticipated recovery of the Spanish economy, the card payments channel is expected to recover over the forecast period (2013-2017). In terms of number of cards in circulation, the prepaid cards category is expected to show the highest growth. Closed-loop prepaid cards are expected to be the most promising segment in terms of growth, as both retail and corporate users look to manage expenditure.
Growth in terms of transaction value in all card categories, except credit cards, was impaired during the review period by restricted consumer spending following the financial crisis and subsequent austerity measures. The overall card payments channel declined at a review-period compound annual growth rate (CAGR) of 0.37% in terms of transaction value.
Anticipated improvements in economic indicators such as inflation, GDP and per capita income are expected to support card volume growth over the forecast period. Banks' attempts to inject fresh funds to stimulate growth are also expected to improve credit availability in the economy. Conservative consumer spending is, however, expected to continue over the forecast period, increasing demand for prepaid cards.
Mobile payments are expected to provide scope for growth for card-based payments, and mobile payments posted at a CAGR of 131.38% during the review period. The positive growth of mobile phone users and the growing popularity of smartphones have led to robust growth in mobile payments.
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 2012, and forecast figures for 2017.
It details the different economic, infrastructural and business drivers affecting Spain's cards and payments industry.
It outlines the current regulatory framework in the industry.
It details the marketing strategies used by various banks and other institutions.
It profiles the major banks in Spain's cards and payments industry.
Reason 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 within Spain's cards and payments industry.
Assess the competitive dynamics in Spain's cards and payments industry.
Gain insights into the marketing strategies used for selling various types of cards in Spain's cards and payments industry.
Gain insights into key regulations governing Spain's cards and payments industry.

Key Highlights
The card payments channel recorded a decline during the review period, primarily due to the impact of the global economic slowdown and the eurozone debt crisis. In terms of number of cards in circulation, the channel recorded a CAGR of -3.34%, falling from 81.1 million in 2008 to 70.8 million in 2012.
The overall card payments channel declined at a review-period compound annual growth rate (CAGR) of 0.37% in terms of transaction value, with the debit, charge and prepaid card categories recording CAGRs of 0.61%, -0.05%, -12.07% and -19.24% respectively, while the credit cards category recorded a CAGR of 0.71%.
Mobile payments are expected to provide scope for growth for card-based payments, and mobile payments posted at a CAGR of 131.38% during the review period. The positive growth of mobile phone users and the growing popularity of smartphones have led to robust growth in mobile payments.
E-commerce value increased from EUR6.6 billion (US$9.7 billion) in 2008 to EUR12.8 billion (US$16.5 billion) in 2012, at a review-period CAGR of 18.06%. Growth in e-commerce has resulted in banks adding online functionality to their card products.

 1 Executive Summary
2 Alysis of Market Environment, Key Trends and Drivers
2.1 Payment Infrastructure and Emerging Technologies
2.1.1 Rising internet penetration
2.1.2 Growing mobile payments
2.1.3 Emergence of EMV (Europay, MasterCard, Visa) infrastructure
2.1.4 Automated teller machines (ATMs)
2.1.5 Point of sale (POS) termils
2.2 Business Drivers
2.2.1 Growth in retail industry
2.2.2 Growth in e-commerce
2.3 Economic Drivers
2.3.1 GDP
2.3.2 GDP per capita
2.3.3 Inflation
3 Cards and Payments Industry Share Alysis
3.1 Industry Overview
3.1.1 Cash
3.1.2 Checks
3.1.3 Card payments
3.1.4 Credit transfer
3.1.5 Direct debit
4 Regulatory Framework and Card Fraud Statistics
4.1 Regulatory Framework
4.1.1 Code of conduct for European banking systems
4.1.2 Regulations affecting the determition of interchange fees
4.1.3 SEPA cards framework
4.1.4 Foreign direct investment (FDI) regulations
4.2 Card Fraud Statistics
4.2.1 Card-not-present fraud
4.2.2 Counterfeit card
4.2.3 Cards lost or stolen
4.2.4 Card ID theft
5 Emerging Consumer Attitudes and Trends
5.1 Industry Segmentation and Targeting
5.1.1 Retail segment
5.1.2 Corporate segment
5.2 Travel and Tourism Spending
5.2.1 Outbound tourist trips
5.2.2 Outbound tourist spending
5.3 Retail Card Spending
5.3.1 Alysis by product categories
5.3.2 Alysis by retail channel
6 Alysis of Card Payments and Growth Prospects
6.1 Channel Share Alysis by Card Category
6.2 Size and Forecast of the Card Payments Channel
6.2.1 Alysis by number of cards in circulation
6.2.2 Alysis by transaction value
7 Alysis of Credit Card Payments and Growth Prospects
7.1 Overall Category Size and Forecast
7.1.1 Alysis by number of cards in circulation
7.1.2 Alysis by transaction value
7.1.3 Alysis by transaction volume
7.2 Transaction Share Alysis by Channel
7.2.1 Alysis by transaction value
7.2.2 Alysis by transaction volume
7.3 Persol Credit Cards Segment Size and Forecast
7.3.1 Alysis by number of cards in circulation
7.3.2 Alysis by transaction value
7.3.3 Alysis by transaction volume
7.4 Commercial Credit Cards Segment Size and Forecast
7.4.1 Alysis by number of cards in circulation
7.4.2 Alysis by transaction value
7.4.3 Alysis by transaction volume
7.5 Competitive Landscape
7.5.1 Scheme share alysis
7.5.2 Issuer share alysis
8 Alysis of Debit Card Payments and Growth Prospects
8.1 Overall Category Size and Forecast
8.1.1 Alysis by number of cards in circulation
8.1.2 Alysis by transaction value
8.1.3 Alysis by transaction volume
8.2 Transaction Share Alysis by Channel
8.2.1 Alysis by transaction value
8.2.2 Alysis by transaction volume
8.3 Competitive Landscape
8.3.1 Scheme share alysis
8.3.2 Issuer share alysis
9 Alysis of Charge Card Payments and Growth Prospects
9.1 Overall Category Size and Forecast
9.1.1 Alysis by number of cards in circulation
9.1.2 Alysis by transaction value
9.1.3 Alysis by transaction volume
9.2 Transaction Share Alysis by Channel
9.2.1 Alysis by transaction value
9.2.2 Alysis by transaction volume
9.3 Persol Charge Cards Segment Size and Forecast
9.3.1 Alysis by number of cards in circulation
9.3.2 Alysis by transaction value
9.3.3 Alysis by transaction volume
9.4 Commercial Charge Cards Segment Size and Forecast
9.4.1 Alysis by number of cards in circulation
9.4.2 Alysis by transaction value
9.4.3 Alysis by transaction volume
9.5 Competitive Landscape
9.5.1 Scheme share alysis
9.5.2 Issuer share alysis
10 Alysis of Prepaid Card Payments and Growth Prospects
10.1 Overall Category Size and Forecast
10.1.1 Alysis by number of cards in circulation
10.1.2 Alysis by transaction value
10.2 Open-Loop Prepaid Cards Segment Size and Forecast
10.2.1 Alysis by number of cards in circulation
10.2.2 Alysis by transaction value
10.3 Closed-Loop Prepaid Cards Segment Size and Forecast
10.3.1 Alysis by number of cards in circulation
10.3.2 Alysis by transaction value
11 Merchant Acquiring
11.1 Merchant Acquirers in Spain
11.2 Company Profiling in Spain
12 Company Profiles of Card Issuers
12.1 Bankia
12.1.1 Key fincials
12.1.2 Card portfolio
12.1.3 Strategies
12.2 CaixaBank
12.2.1 Key fincials
12.2.2 Card portfolio
12.2.3 Strategies
12.3 Banco Popular
12.3.1 Key fincials
12.3.2 Card portfolio
12.3.3 Strategies
12.4 Banco Sabadell
12.4.1 Key fincials
12.4.2 Card portfolio
12.4.3 Strategies
12.5 Bankinter
12.5.1 Key fincials
12.5.2 Card portfolio
12.5.3 Strategies
13 Appendix
13.1 Methodology
13.2 Contact Timetric
13.3 About Timetric
13.4 Timetric's Services
13.5 Definitions
13.6 Disclaimer


List of Tables
Table 1: Spain - Payment Channels (EUR Billion), 2008-2012
Table 2: Spain - Market Entry Strategies of Foreign Banks
Table 3: Spain - Card Fraud (EUR Million), 2008-2012
Table 4: Spain - Co-branded Cards Offered by Various Banks
Table 5: Spain - Prepaid Cards Offered by Various Banks
Table 6: Spain - Cards Offered by Various Banks for HNWIs
Table 7: Spain - Cards Offered by Various Banks for Motorway Tolls
Table 8: Spain - Solidarity Cards Offered by Various Banks
Table 9: Spain - Cards Offered for Micro Enterprises and Self Employed by Various Banks
Table 10: Spain - Consumer Card Spending by Product Category (EUR Million), 2008 and 2012
Table 11: Spain - Consumer Card Spending by Retail Channel (EUR Million), 2008 and 2012
Table 12: Spain - Card Payments Channel by Card Category (Million), 2008-2017
Table 13: Spain - Card Payments Channel Size by Volume of Cards (Million), 2008-2017
Table 14: Spain - Card Payments Channel Size by Transaction Value (EUR Billion), 2008-2017
Table 15: Spain - Card Payments Channel Size by Transaction Value (US$ Billion), 2008-2017
Table 16: Spain - Credit Cards Category Size by Volume of Cards (Million), 2008-2017
Table 17: Spain - Credit Cards Category Size by Transaction Value (EUR Billion), 2008-2017
Table 18: Spain - Credit Cards Category Size by Transaction Value (US$ Billion), 2008-2017
Table 19: Spain - Credit Cards Category Size by Transaction Volume (Million), 2008-2017
Table 20: Spain - Persol Credit Cards Segment Size by Volume of Cards (Million), 2008-2017
Table 21: Spain - Persol Credit Cards Segment Size by Transaction Value (EUR Billion), 2008-2017
Table 22: Spain - Persol Credit Cards Segment Size by Transaction Value (US$ Billion), 2008-2017
Table 23: Spain - Persol Credit Cards Segment Size by Number of Transactions (Million), 2008-2017
Table 24: Spain - Commercial Credit Cards Segment Size by Volume of Cards (Million), 2008-2017
Table 25: Spain - Commercial Credit Cards Segment Size by Transaction Value (EUR Billion), 2008-2017
Table 26: Spain - Commercial Credit Cards Segment Size by Transaction Value (US$ Billion), 2008-2017
Table 27: Spain - Commercial Credit Cards Segment Size by Number of Transactions (Million), 2008-2017
Table 28: Spain - Debit Cards Category Size by Volume of Cards (Million), 2008-2017
Table 29: Spain - Debit Cards Category Size by Transaction Value (EUR Billion), 2008-2017
Table 30: Spain - Debit Cards Category Size by Transaction Value (US$ Billion), 2008-2017
Table 31: Spain - Debit Cards Category Size by Transaction Volume (Billion), 2008-2017
Table 32: Spain - Charge Cards Category Size by Volume of Cards (Million), 2008-2017
Table 33: Spain - Charge Cards Category Size by Transaction Value (EUR Billion), 2008-2017
Table 34: Spain - Charge Cards Category Size by Transaction Value (US$ Billion), 2008-2017
Table 35: Spain - Charge Cards Category Size by Transaction Volume (Million), 2008-2017
Table 36: Spain - Persol Charge Cards Segment Size by Volume of Cards (Million), 2008-2017
Table 37: Spain - Persol Charge Cards Segment Size by Transaction Value (EUR Billion), 2008-2017
Table 38: Spain - Persol Charge Cards Segment Size by Transaction Value (US$ Billion), 2008-2017
Table 39: Spain - Persol Charge Cards Segment Size by Transaction Volume (Million), 2008-2017
Table 40: Spain - Commercial Charge Cards Segment Size by Volume of Cards (Million), 2008-2017
Table 41: Spain - Commercial Charge Cards Segment Size by Transaction Value (EUR Billion), 2008-2017
Table 42: Spain - Commercial Charge Cards Segment Size by Transaction Value  (US$ Billion), 2008-2017
Table 43: Spain - Commercial Charge Cards Segment Size by Transaction Volume (Million), 2008-2017
Table 44: Spain - Prepaid Cards Category Size by Volume of Cards (Million), 2008-2017
Table 45: Spain - Prepaid Cards Category Size by Transaction Value (EUR Million), 2008-2017
Table 46: Spain - Prepaid Cards Category Size by Transaction Value (US$ Million), 2008-2017
Table 47: Spain - Open-Loop Prepaid Cards Segment Size by Volume of Cards (Thousand), 2008-2017
Table 48: Spain - Open-Loop Prepaid Cards Segment Size by Transaction Value (EUR Million), 2008-2017
Table 49: Spain - Open-Loop Prepaid Cards Segment Size by Transaction Value (US$ Million), 2008-2017
Table 50: Spain - Closed-Loop Prepaid Cards Segment Size by Volume of Cards (Million), 2008-2017
Table 51: Spain - Closed-Loop Prepaid Cards Segment Size by Transaction Value (EUR Million), 2008-2017
Table 52: Spain - Closed-Loop Prepaid Cards Segment Size by Transaction Value (US$ Million), 2008-2017
Table 53: Bankia - Key Fincial Indicators (EUR Billion), Year Ended December, 2011-2012
Table 54: Bankia - Card Portfolio and Key Features
Table 55: CaixaBank - Key Fincial Indicators (EUR Billion), Year Ended December, 2011-2012
Table 56: CaixaBank - Card Portfolio and Key Features
Table 57: Banco Popular Key Fincial Indicators (EUR Billion), Year Ended December, 2011-2012
Table 58: Banco Popular - Card Portfolio and Key Features
Table 59: Banco Sabadell Key Fincial Indicators (EUR Million), Year Ended December, 2011-2012
Table 60: Banco Sabadell - Card Portfolio and Key Features
Table 61: Bankinter Key Fincial Indicators (EUR Million), Year Ended December, 2011-2012
Table 62: Bankinter - Card Portfolio and Key Features
Table 63: Key Definitions