The Czech Republic’s payment landscape is transitioning, with a gradual shift from traditional methods like cash to digital payments. Contactless payments and mobile wallets are gaining popularity, especially among younger generations. The Czech Republic presents a mixed payment landscape, with a gradual shift from a cash-dominant system towards increased digital payment adoption. While cash remains prevalent, especially in smaller businesses and rural areas, credit and debit cards (primarily Visa and Mastercard) are gaining acceptance, although not as universally as in more developed Western European countries. Contactless payments are becoming more common but are still not as widespread as in some neighboring countries. Online banking is widely used, and bank transfers serve as a common method for various transactions. Mobile payment solutions are growing in popularity but are still not fully mainstream. The government has implemented measures to encourage the transition towards a more digitalized payment system, but challenges remain due to varying levels of digital literacy and infrastructure limitations across different regions. This represents a developing yet dynamic market with significant potential for growth.
Estimated Population
10.7 million
Currency
Czech koruna (CZK)
All supported payment methods for Czech Republic:
SEPA Direct Debit, SEPA Credit, Apple Pay, Google Pay, PayPal, Invoice Payment, Prepayment, Visa, Mastercard, American Express, JCB, UnionPay International, Discover, Diners Club, MaestroPopular payment methods
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
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
Prepayment
A payment method requiring buyers to pay for goods or services upfront before receiving them.
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.
