The Bank of Spain published statistics on payment services in Spain for the second half of 2024, reporting that payment transactions made with instruments other than cash rose 10.5% year on year to 9.358 billion. The total value of non-cash payments increased 9.5% to EUR 6.5 trillion. Cards accounted for 65.5% of non-cash transactions by volume, followed by credit transfers (16.4%), direct debits (12.1%) and e-money payments (1.6%). By value, credit transfers represented 88.5% of the total (cards 3.1%), consistent with transfers being used for higher-value payments. Card payments increased 12% to 6.133 billion transactions, with total value up 9.2% to EUR 198.6 billion and an average value of EUR 32.4 per transaction; remote card transactions represented 18.2% of card payments by number (28.2% by value), and contactless card-present payments accounted for 94.3% of non-remote card payments by volume (92.4% by value). Credit transfers rose 15.6% to 1.530 billion transactions, with value up 10.2% to EUR 5.7 trillion, while electronically initiated instant credit transfers increased to 466 million transactions (+16.7%) with value up to EUR 65 billion (+26.2%). Direct debits grew to 1.135 billion transactions (+3.2%) with EUR 353 billion in value (+4.7%), and e-money payments reached 148 million transactions (+27%) with EUR 7.7 billion in value (+37.1%). Outstanding payment cards increased 12.4% to around 114 million (about 2.2 per inhabitant), ATMs declined 1.6% to 37,393 and reported POS terminals rose 3.5% to around 4.26 million, with most acceptance devices supporting contactless payments; the release also reported activity in key systems including the National Electronic Clearing System (SNCE), the Card and Payment Instruments System (STMP) and TARGET–Bank of Spain.

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