The payment market in the Czech Republic has the following characteristics:
Digital Payment Growth: - Increased bank card usage, especially debit cards - Growing adoption rate of mobile payments and digital wallets
Reduced Cash Usage: - Although cash is still widely accepted, usage frequency is declining - Small-value payments are shifting to digital methods
E-commerce Development: - Diversification of online payment solutions - Increased use of international payment platforms
Innovative Payment Technologies: - Contactless payments are popular in retail sector - Mobile payment applications are gradually gaining popularity
Regulatory Environment: - Compliance with EU Payment Services Directive (PSD2) - Focus on payment security and consumer protection
Fintech Development: - Accelerated financial technology innovation, especially in mobile payments - Traditional banks actively embracing digital transformation
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Popular payment methods
Klarna
Klarna is commonly used for digital wallets payments in CZ.
- Payment type
- Digital Wallets
- Buyer coverage
- CZ
- Payment currency
- EUR/CZK
- Refund
- Partial refund
Satispay
Satispay is commonly used for digital wallets payments in CZ.
- Payment type
- Digital Wallets
- Buyer coverage
- CZ
- Payment currency
- EUR/CZK
- Refund
- Partial refund
SEPA Direct Debit
SEPA Direct Debit is commonly used for bank transfer payments in CZ.
- Payment type
- Bank Transfer
- Buyer coverage
- CZ
- Payment currency
- EUR/CZK
- Refund
- Partial refund
Paysafecard
Paysafecard is commonly used for prepaid card payments in CZ.
- Payment type
- Prepaid Card
- Buyer coverage
- CZ
- Payment currency
- EUR/CZK
- Refund
- Partial refund
Skrill
Skrill is commonly used for digital wallets payments in CZ.
- Payment type
- Digital Wallets
- Buyer coverage
- CZ
- Payment currency
- EUR/CZK
- Refund
- Partial refund
Czech Republic
Country code
CZ
Currency code
EUR/CZK
Currency unit
€ EUR / Kč CZK