Payment methods in Greece

SEPA Direct Debit allows merchants to collect recurring or one-time payments from Greek consumers' bank accounts after obtaining a mandate. It is used for subscriptions, utilities, and e-commerce, though it carries slightly higher refund risk than push-payment methods.

Viva Wallet is a Greek-founded neobank and payment processor that has become a major local player in card acceptance and digital payments across Southern Europe. It offers Visa and Mastercard issuing and acquiring services and is widely integrated into Greek e-commerce merchants' checkout flows.

Paysafecard is a prepaid voucher payment method allowing consumers to pay online without a bank account or card. Vouchers are purchased at retail points of sale and redeemed with a 16-digit PIN at checkout. Switzerland is a supported Paysafecard consumer country and usage is concentrated in gaming, digital goods, and entertainment sectors.

Swedish open-banking "Pay by Bank" method letting shoppers pay online directly from their bank account. Operator: Trustly Group AB. Est. users: 112M+ consumers have used it (2024); ~$100B TPV 2024.

Cash on Delivery (COD) is the dominant payment method for Algerian e-commerce, reflecting low consumer trust in online payment systems and limited access to cards or digital wallets. Customers pay the delivery agent in cash when goods arrive. Nearly all Algerian e-commerce platforms offer COD as their primary or only payment option. The widespread reliance on COD is both a symptom of underdeveloped payment infrastructure and a barrier to merchant cash flow, as returned goods result in no payment.

The single most-used payment method, with approximately 45-47% of e-commerce orders still settling in cash at delivery. Consumer distrust of online payments remains the primary driver. Most major Serbian logistics providers (Post of Serbia, DExpress, etc.) offer COD collection.