As a market where card payments became widespread early, cards and bank transfers form the two main pillars of online payments in the Czech Republic, and the cash-on-delivery (COD) practice has been steadily declining. Apple Pay is a tokenized wallet layered on top of this card-using base, and since major Czech banks support registering their issued cards, it functions as close to a default payment option for iPhone users.

Mobile-first shops that see drop-off at manual card-number entry and the extra 3DS authentication step — especially high-frequency categories such as fashion, digital content, and subscription services — can expect an improvement in conversion. Because the payment completes with a single biometric check, the effect is especially noticeable for product mixes with a low average order value and frequent repeat purchases.

When a consumer taps the Apple Pay button, the token for the card registered on their device is sent, and the payment is approved through Face ID or Touch ID biometric authentication. This biometric check satisfies the Strong Customer Authentication (SCA) required under PSD2, cutting out a separate 3DS input step. The approved funds are received and converted by Hecto Financial, then settled to the Korean merchant in whichever currency — USD, KRW, or JPY — was set under the contract.

A Korean corporation can consider accepting Apple Pay through Hecto Financial's integration alone, without a separate local contracting process in the Czech Republic. Eligibility and detailed terms — settlement cycle, fees, and currency options — vary by merchant industry and transaction volume, so these should be confirmed with the sales team before signing a contract.

• Business registration country

  Confirm contract eligibility based on domestic business registration

• Sales channel

  The integration method and priority vary depending on your online sales channel mix — owned mall, open marketplace, mobile app, and so on

• Product category

  Check in advance whether your products fall under categories restricted by Apple Pay's merchant policy

• EU regulatory compliance

  Confirm compliance with EU payment regulations such as PSD2 and SEPA (see official sources below)

Czech consumers pay in koruna (CZK), but the Korean merchant does not receive CZK directly. Hecto Financial receives the local-currency proceeds, converts them, and pays out in whichever currency — USD, KRW, or JPY — was set under the contract, with the settlement cycle following the contract terms. Refunds are returned to the original payment card, and you should also design your processing timeline with EU consumers' 14-day right-of-withdrawal refund requests in mind.

• Czech National Bank (Česká národní banka, ČNB)Official information on the Czech payment system and supervision of payment services. If this page's content differs from the actual regulations, the official source takes precedence.