Payment Processing in
Bulgaria

Bulgaria’s payment landscape is a fascinating blend of traditional and modern methods. Cash remains king in many areas, reflecting ingrained consumer habits and a somewhat limited reach of digital infrastructure in rural regions. However, the urban areas and larger cities showcase a growing preference for card payments (Visa and Mastercard are widely accepted), especially among younger demographics. E-wallets are slowly gaining traction but haven’t reached widespread adoption yet. The banking sector plays a central role, with bank transfers being a common method for larger transactions. The government actively promotes digitalization but faces challenges in bridging the digital divide. This presents opportunities for innovative payment solutions targeting underserved segments.

Estimated Population

7 million

Currency

Bulgarian lev (BGN)

All supported payment methods for Bulgaria:

SEPA Direct Debit, SEPA Credit, Apple Pay, Google Pay, PayPal, Invoice Payment, Prepayment, Visa, Mastercard, American Express, JCB, UnionPay International, Discover, Diners Club, Maestro

Popular payment methods

Visa

Credit/Debit Cards

Accept Visa payments and reach a global network of millions of customers.

Mastercard

Credit/Debit Cards

Unlock a world of payment possibilities with Mastercard, a trusted global leader in secure and convenient transactions

American Express

Credit/Debit Cards

Elevate your business with American Express, a premium payment network that attracts discerning customers and drives higher-value transactions.

JCB

Credit/Debit Cards

JCB is a leading international payment network, offering a unique opportunity for businesses to reach a growing customer base, especially in Asia-Pacific.

UnionPay International

Credit/Debit Cards

UnionPay is the world’s largest payment network, offering businesses the opportunity to tap into the vast Chinese market and beyond.

Discover

Credit/Debit Cards

Discover is a leading payment network that offers a unique combination of security, rewards, and customer service, making it an attractive option for businesses.

Diners Club

Credit/Debit Cards

Diners Club is a global payment network renowned for its premium services and exclusive benefits, offering businesses access to a discerning clientele.

Maestro

Credit/Debit Cards

Maestro is a debit card network primarily used for ATM withdrawals and point-of-sale purchases. It is often associated with Mastercard but operates as a separate network.

SEPA Direct Debit

Direct Debit

SEPA Direct Debit is a secure and convenient payment method for businesses operating within the European Union, allowing for automated payments from customers’ bank accounts.

SEPA Credit

SEPA Credit Transfer is a secure and efficient way for businesses to make payments within the European Union, streamlining cross-border transactions and simplifying international payments.

Apple Pay

Wallets

Apple Pay offers businesses a convenient and secure way to accept payments from iPhone, Apple Watch, and Mac users, enhancing the customer experience and boosting sales.

Google Pay

Wallets

Google Pay empowers businesses to offer a fast, secure, and convenient mobile payment experience, attracting a wide range of customers.

PayPal

Wallets

PayPal is a global leader in online payments, offering businesses a secure and convenient way to accept payments from millions of customers worldwide.

Invoice Payment

Invoice

A document outlining the details of a purchase, including the goods or services provided, the amount due, and payment terms.

Prepayment

A payment method requiring buyers to pay for goods or services upfront before receiving them.