Cards · Europe · Available
Mastercard in Spain
Mastercard is one of the payment methods in Spain. Payments are made in EUR; the method supports pay-in, payout, recurring, refund; settlement: T+1; chargebacks: under the scheme rules. The payments regulator in Spain is Banco de España. Providers for Mastercard in Spain in the Tranzify catalogue: Adyen, Checkout.com, Sgate, Stripe.
Key facts
- Currency
- EUR (Euro)
- Operations
- Pay-in · Payout · Recurring · Refund
- Settlement
- T+1
- Chargebacks
- under the scheme rules
- Payments regulator
- Banco de España
Providers for Mastercard in Spain
| Provider | Provider type | Supported operations | Status at Tranzify |
|---|---|---|---|
| Adyen | Acquirer | Pay-in, Payout, Recurring, Refund | On request |
| Checkout.com | Acquirer | Pay-in, Payout, Recurring, Refund | On request |
| Sgate | Payout provider | Payout | Available |
| Stripe | Acquirer | Pay-in, Recurring, Refund | On request |
How a payment goes through
- 1The payer enters the card on the hosted checkout; the number is encrypted before it leaves the page
- 2The vault stores a token; routing picks the acquirer by BIN, country and amount
- 33-D Secure when the issuer asks; the acquirer authorises
- 4Callback to the merchant, status in the journal for five years
Other payment methods in Spain
| Type | Payment methods | share of e-commerce payments |
|---|---|---|
| Cards | Visa | — |
| Open Banking | Open Banking (EU, PIS) | — |
| Bank transfers & instant payments | SEPA Instant | — |
| Wallets | Apple Pay | — |
| Wallets | Google Pay | — |
| Wallets | PayPal | — |
| Buy now, pay later | Klarna | — |
| Wallets | Bizum | — |
Mastercard in other countries
Frequently asked questions
Which providers offer Mastercard in Spain?+
In the Tranzify catalogue Mastercard in Spain is offered by Adyen, Checkout.com, Sgate, Stripe. A client connects its own account with the provider as a terminal; routing and cascading between several providers are set up in the back office.
How widely is Mastercard used in Spain?+
The catalogue has no published market share for Mastercard in Spain; the method is listed among the country's payment methods.
Which operations does Mastercard support in Spain?+
Mastercard supports pay-in, payout, recurring, refund. Settlement is T+1 and chargebacks are under the scheme rules; the amounts are in EUR.
Who holds the licence for Mastercard in Spain?+
Tranzify is software. The licensed client, a payment institution, an acquirer or its partner, contracts with the providers and the merchants; the platform routes the payments, records them in the journal and reports them. The payments regulator in Spain is Banco de España.
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