Digital payments
Czechia is gradually becoming a cashless society, with cashless payments becoming an increasingly common way to pay online. The growing number of debit cards also positively affects this trend. Moreover, the transaction volume of card payments has been growing steadily in recent years, as has the total number of card payments. According to the Statista Digital Market Outlook, the digital payment market in Czechia is set to continue its growth, driven by both digital commerce and mobile point-of-sale segments.The analysis of user behavior regarding digital payments revealed that most Czechs pay via a mobile banking app or a website at least once a week. Furthermore, most Czechs feel confident that how they manage their money and transactions online is secure.
