E-commerce market in Spain is rising with a revenue of $41 Billion by 2022 & expected to cross $60 Billion by the year 2025.
UK, Germany and France are the only European countries ahead of Spain in terms of eCommerce revenue.
The main reason behind this development is the Internet penetration rate in Spain which has reached 94% by 2022.
People in Spain love to shop online, so online sellers do need a payment gateway in order to run a successful eCommerce business.