Spain Reduces ATM Numbers to 2002 Levels as Country Moves to Digital Payments – News Bitcoin News

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Spain Reduces ATM Numbers to 2002 Levels as Country Moves to Digital Payments – News Bitcoin News
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The number of ATMs in Spain has dropped to its lowest level since 2002, when the network had 1,795 ATMs more than what it has today.

The number of ATMs in Spain has been progressively shrinking to levels the country saw in the year 2002. Reports from local media suggest these actions have been taken to reduce costs and to push payment and operation digitalization in the sector. The highest number of ATMs was registered in 2008 when there were 61,714 active machines in the network.The number of ATMs in Spain has dropped to its lowest level since 2002, when the network had 1,795 more ATMs than it has today.

that only 35% of the surveyed citizens used cash for payments. This constitutes a significant change compared to how payments were made in 2014, where 80% of citizens used cash as a payments tool.While cash usage has gone down, Spain still uses more cash for payments than countries like Sweden, where

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