Buying and selling items online has become rather common over the last decade, as the latest studies can confirm. Spain is no exception to this trend, with its population gradually getting more comfortable with paying for products online. According to the latest figures, nearly half of the Spaniards preferred to pay for their online purchases through online payment systems such as PayPal, whereas slightly over 40 percent were more inclined to use their debit or credit card as their payment method of choice. In contrast, only five percent of the population paid with cash upon 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 31.35 billion euros in 2017, 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. (October 11, 2018). Which of the following methods do you prefer to use when you pay for a product you've bought online? [Graph]. In Statista. Retrieved July 07, 2020, from https://www.statista.com/statistics/434264/e-commerce-popular-payment-methods-spain/
PostNord. "Which of the following methods do you prefer to use when you pay for a product you've bought online?." Chart. October 11, 2018. Statista. Accessed July 07, 2020. https://www.statista.com/statistics/434264/e-commerce-popular-payment-methods-spain/
PostNord. (2018). Which of the following methods do you prefer to use when you pay for a product you've bought online?. Statista. Statista Inc.. Accessed: July 07, 2020. https://www.statista.com/statistics/434264/e-commerce-popular-payment-methods-spain/
PostNord. "Which of The following Methods Do You Prefer to Use When You Pay for a Product You've Bought Online?." Statista, Statista Inc., 11 Oct 2018, https://www.statista.com/statistics/434264/e-commerce-popular-payment-methods-spain/
PostNord, Which of the following methods do you prefer to use when you pay for a product you've bought online? Statista, https://www.statista.com/statistics/434264/e-commerce-popular-payment-methods-spain/ (last visited July 07, 2020)