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Accelerate your revenue with a new audience of customers throughout Czech Republic - without friction or complexity.
The Czech Republic economy remains in transition from a state-controlled economy in the wake of the ‘Velvet Revolution’ (1993) which brought an end to Czechoslovakia’s Communist dictatorship and allowed The Czech Republic to gain full independence from Slovakia. The economy has performed well since the transition began, with the country excelling in automobile exports, enjoying one of the EU’s lowest unemployment levels, highest GDP growth rates, and scoring highly in terms of economic freedom, “work-life balance,” and ease of doing business. Geographically well-positioned, trade is vital to the Czech economy and generally governments ensure policies do not significantly restrict foreign investment. Since 2016, entrepreneurs can register their companies online. One of the main issues new business investors face is the mistrust harboured by many Czech professionals toward new contacts, a legacy of the old Soviet-style system. The three top categories for ecommerce are food and drinks, clothing and shoes.
Top payment methods are credit cards (Visa, 45.2% and MasterCard, 41%), and PayPal (35%).
Cross-Border Fulfillment: Landed Cost is Available.
In-Country Fulfillment: Leverage Digital River's industry leading suite of API's to utilize your existing fulfillment partner.