Analysis: steep rise in card payments in Czechia

Czechia has seen one of the steepest increases in card payments in Europe, according to an analysis by the Boston Consulting Group.

With 235 card payments per capita in 2023, Czechia has reached Europe’s average, while ten years ago, it was one of the countries with the lowest number of such payments.

According to the analysis, Czechs will make an average 560 payments per capita in 2030, making Czechia one of the top ten countries in Europe in terms of card payments per person.

Over the past ten years, the number of card payments in Czechia has grown at the sixth fastest rate in Europe and according to predictions, in the next seven years, the growth will be the fifth fastest.

Author: Ruth Fraňková