Smart chip cards in Spain?. They are widely used in payphones but not as debit/credit cards. What's the reason?. Well, there are millions of cards issued and changing cards and ATMs it's very expensive. Therefore, even though magnetic cards are insecure it will take some years before they are fully replaced with the new smart chip ones.

By the way, Spain has one of the highest ratios ATMs/person in the world. That means banks have lots of ATMs to adapt here.