Buying and selling goods online has become quite common in the last decade. Spain is no exception to this trend, with its population growing increasingly comfortable with paying for transactions on the internet. According to a 2021 survey, more than half of e-commerce users in Spain preferred to pay for their purchases via their debit or credit card, while almost 40 percent were inclined to use online payment systems such as PayPal as their chosen payment method. In contrast, only two percent of the population paid through cash on delivery.
e-Commerce in Spain and its most successful sectors
Electronic commerce has begun to see growth over the past decade, with its sales volume reaching figures of approximately 41.5 billion euros in 2018, differing greatly from the volume registered in 2007, which amounted to a mere 5.9 billion euros. The tourism industry was the business sector that most benefited from e-commerce services in 2018, with travel agencies and tour operators registering revenues of over 5.6 billion euros and air travel generating approximately 4 billion euros that year. Other important sectors that generated the highest web-based revenues in Spain included clothing and gambling, with sales totals approximately 2.3 billion euros and 1.6 billion euros respectively.
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PostNord. (November 12, 2021). Most popular payment methods for online purchases in Spain in 2021 [Graph]. In Statista. Retrieved August 15, 2022, from https://www.statista.com/statistics/434264/e-commerce-popular-payment-methods-spain/
PostNord. "Most popular payment methods for online purchases in Spain in 2021." Chart. November 12, 2021. Statista. Accessed August 15, 2022. https://www.statista.com/statistics/434264/e-commerce-popular-payment-methods-spain/
PostNord. (2021). Most popular payment methods for online purchases in Spain in 2021. Statista. Statista Inc.. Accessed: August 15, 2022. https://www.statista.com/statistics/434264/e-commerce-popular-payment-methods-spain/
PostNord. "Most Popular Payment Methods for Online Purchases in Spain in 2021." Statista, Statista Inc., 12 Nov 2021, https://www.statista.com/statistics/434264/e-commerce-popular-payment-methods-spain/
PostNord, Most popular payment methods for online purchases in Spain in 2021 Statista, https://www.statista.com/statistics/434264/e-commerce-popular-payment-methods-spain/ (last visited August 15, 2022)