There are currently 46,473 ATMs in the Spanish state, the lowest number since 2000. However, the number of cash withdrawals, movements and operations has increased.
Euskaraz irakurri: Bankuek 3.777 kutxazain automatiko ezabatu dituzte 2020tik, % 7.5eko murrizketa eraginda
The ATM network has suffered 7.5% discount in the state since the coronavirus outbreak, with the disappearance of a total of 3777 terminals in two years, according to updated data from the Bank of Spain.
In March 2020, at the onset of the health crisis, there were a total of 50,251 ATMs in Spain, of which 1,485 (2.96% of the total) disappeared in the following 12 months, coinciding with the pressure the pandemic put on the use of ATMs. online banking channels and the beginning of labor adjustment processes and offices of various financial entities.
This contraction of the ATM network was reinforced a year later, reaching the lowest number since 2000. For example, at the end of the first quarter of 2022, there were 46,473 ATMs in Spain.
In terms of movements, there has been an increase since the pandemic, both in ATM withdrawals and ATMs.
At the same time, card payments at point of sale (POS) terminals increased by approximately 28% in the first quarter of 2022 compared to the previous year. There are currently 2.25 million terminals of this type, the maximum registered so far.
In terms of cards in circulation, the number of credit cards increased by 5.42% to 39.41 million in the first quarter, while the number of debit cards decreased by 0.53% to 48.79 million.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
