Mastercard reports that 80.3% of Spaniards aged 18‑34 use smartphones to pay for purchases in stores. The high uptake indicates rapid digital payment penetration, influencing consumer spending patterns and merchant infrastructure needs. Mastercard, Spanish consumers aged 18‑34, retail merchants, and mobile payment providers. Merchants will expand contactless acceptance, and fintech firms may target youth‑focused incentives to sustain growth. Mastercard’s survey shows that over four‑fifths of Spaniards aged 18‑34 now use smartphones to pay for purchases in stores, underscoring a rapid move away from cash. The figure reflects both the maturity of NFC/QR‑code infrastructure and the willingness of younger consumers to embrace digital wallets. As a result, retailers are under pressure to expand contactless acceptance, while payment providers see a growing transaction base.
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