Spain Mobile Payment Market Share

Market Share of Spain Mobile Payment Industry

The Spain mobile payments market is moderately fragmented with the presence of significant market players such as PayPal, Apple Inc. (Apple Pay), Google LLC(Google Pay), CaixaBank, SA(CaixaBank Pay), and PPRO(BBVA Wallet). The companies are introducing new offerings and continuously investing in partnerships, acquisitions, and mobile payment app developments to increase market share.

• May 2022 - Adyen, the global financial technology platform for top businesses, announced the expansion of its relationship with Afterpay Limited, one of the pioneers in Buy Now, Pay Later (BNPL). To support Adyen's worldwide expansion and momentum, Afterpay collaborates with the firm to process payments in major areas such as Australia, New Zealand, Canada, Europe, the United States, the United Kingdom, and Spain.

Spain Mobile Payment Market Leaders

1. Paypal

2. Apple Inc. (Apple Pay)

3. Google LLC (Google Pay)

4. CaixaBank, SA(CaixaBank Pay)

5. PPRO(BBVA Wallet)

*Disclaimer: Major Players sorted in no particular order