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Consumers in Spain used cash money much less in 2020, now making up less than half of all retail payments in the country. This according to estimations based on the available data regarding cash withdrawals and payment transactions. No data exists on the actual use of cash money, outside of survey diaries. Such a diary, covering consumers' use of cash money in shops, was held in Europe only once, in 2017. As not all payment data is readily available, like the use of OTC or over-the-counter cash withdrawals, note this can still mean that the cash share numbers provided here are not necessarily accurate.

Share of cash estimate at point of sale (POS) in Spain from 2004 to 2021

Characteristic	Share of cash
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Release date

July 2022

More information

Region

Spain

Survey time period

2004 to 2021

Special properties

The numbers provided have been calculated by Statista, using numbers on ATM and OTC withdrawals. See the "Details" tab for more information

Supplementary notes

No data is available that covers the exact volume of transactions conducted with cash money. In order to make a credible estimation, this calculation looked at the following indicators:

Value of ATM cash withdrawals (either with cards issued by resident PSPs at any terminal, provided by either a resident or non-resident PSP, or with cards issued by non-resident PSPs at terminals provided by resident PSPs;
Value of OTC or over-the-counter cash withdrawals;
Value of card payments, issued by resident PSPs;
Value of e-money payment transactions, issued by resident PSPs.

To summarize, this methodology tries to put cash withdrawals, either at an ATM or OTC, in perspective of all payment transactions (withdrawals + card payment+ e-money transactions) within a country. Numbers on checks, ACH or instant payments have not been used.

Note that numbers on OTC withdrawals and e-money are not always readily available for all years. Multiple sources were consulted to get to these numbers. In the case of Spain, data on OTC was provided from 2004 and after. E-money, on the other hand, provided "0" for the years following 2014.

* 2014 marks a break in the methodology for card payments in Spain, as the numbers now included three-party schemes.

The values used in the calculations for Spain were in euros.

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