The turnover of e-shops in Czechia is 80 percent higher than last year! Online shopping is increased mostly when it comes to food delivery, as well as delivery of groceries and daily necessities.
As an outcome, cash on delivery is declining and online card payments are increasing.
The turnover of e-shops in Czechia
Public
DEMO - Czech Republic
Author: Kristina Dosen
Category:
General information
Views:
615
Content accuracy validation date:
12.05.2021
Content accuracy validation time:
08:14h
The turnover of e-shops in Czechia in the first quarter of 2021 was 16 billion crowns higher than in the same period last year: the increase is higher than 80 percent. The growing popularity of online shopping in Czechia is also helped by the fact that most brick-and-mortar stores are closed during a pandemic. Online shopping is increased mostly when it comes to delivery of food from restaurants, as well as delivery of groceries and daily necessities.
With the growing popularity of online shopping, trends in payment methods are also evolving: Czechs are increasingly paying with an online card, this method is already used by 36 percent of people. On the other hand, the previously popular - cash on delivery - is declining
Other news from DEMO - Czech Republic
The Czech Republic E-commerce: Essential Steps Before Launch
Public
DEMO - Czech Republic
Author: Ema Stamenković
DEMO - Czech Republic
Author: Ema Stamenković
To start an e-shop, define what you’ll sell, your target customers, and revenue plan. Research the market and competition. Choose logistics: own warehouse (control, costly), drop shipping (no inventory, less profit), or fulfilment (outsourced storage/shipping). Pick sales channels: custom e-shop (expensive), platforms like Shopify (affordable), marketplaces (fees, competition), or social media (co... Read more
TLv6 Implementation Marks Significant Shift in EU’s Trust List Format
Public
All countries
Author: Ivana Picajkić
A new EU Trust List format, TLv6, will officially replace TLv5 in May 2025 as part of the updated eIDAS Regulation (EU 2024/1183). It introduces key technical changes like a new URI field, updated signature format, and optional phone number support. Organizations must update their systems to avoid signature validation failures and service disruptions, as TLv5 will no longer be valid once TLv6 take... Read more
Correction of the tax base and other changes in Czech Republic in the area of VAT from 2025
Public
Author: Ivana Picajkić
Starting in 2025, several significant changes to Value Added Tax (VAT) regulations will be implemented, including extended deadlines for tax base corrections, new VAT registration limits, simplified procedures for bad debts, and adjustments related to real estate transactions. The changes are as following: Corrections to the Tax Base: The period for correcting the tax base will extend from 3 ye... Read more
New document was uploaded: Recorded webinar: E-invoicing for Global Retailers
Public
All countries
Author: Kristina Dosen
If you are struggling with complex e-invoicing implementations across multiple countries, and if you are concerned about mounting costs, potential delays, or compliance risks, our webinar will help you to learn how global retailers can streamline e-invoicing efficiently! With countries worldwide mandating e-invoicing, international retailers face unique challenges adapting to new regulations acros... Read more
Apple's Tap to Pay software, which allows sellers to accept cashless transactions without a payment terminal, has just arrived in the Czech Republic
Public
Author: Ivana Picajkić
Tech company Apple has significantly simplified payment processes for small businesses and consumers across the country by making its Tap to Pay service available in several European nations, including Czechia. Launched in 2022, Tap to Pay now complements the Czech Cvak service as a modern solution for cashless transactions that does not require a traditional payment terminal. With Tap to Pay, iPh... Read more
New document was uploaded: Recorded webinar: It’s time to grow together
Public
Author: Kristina Dosen
In this discussion, we have introduced our new partner program and what is essential for international growth, while dealing with topics such as - Success factors for POS applications - What does globalization mean? - How to grow globally? Furthermore, we presented benefits for our partners. Last but not least, we presented our fiscal cloud architecture and its important features.You can down... Read more
ViDA implementation is likely to be postponed.
Public
Author: Kristina Dosen
The European Union (EU) may postpone the implementation of its ambitious VAT reforms for the digital economy by one year, according to a proposal from a key parliamentary committee. The VAT in the Digital Age (ViDA) proposal, which was unveiled by the European Commission in July 2020, aims to modernize and simplify the VAT rules for online businesses and platforms and to introduce mandatory digit... Read more