In Spain, the development of new digital solutions is also revolutionising the sector. According to the data we handle at Mastercard, in 2020 38% of payments in Europe will be digital. In Spain we are currently at 30%, but it is undoubtedly an evolution that cannot be reversed and indicates a clear trend: we are heading towards a cashless future, in which coins and notes will be replaced by payment methods that are more convenient, safe and faster than ever.
To this end, the evolution of payment technology has been crucial turkey phone number data in recent years, and contactless technology has played a key role in this revolution. In fact, according to our data, in Spain there are already more than one million contactless POS terminals enabled in stores and spending using cards with this technology in 2017 increased by 153% in Spain compared to the previous year.
In this sense, and as confirmed by the data collected in the Mastercard Digital Payments Barometer 2017, one in three digital consumers pays with their mobile phone in physical stores thanks to the applications that banks make available to their customers to carry out this type of transaction. This is a clear sign that digitalisation in the payment methods sector has become established in Spain as a trend that will undoubtedly paint a very interesting picture in the coming years