5 Payment Gateways infiltrating the eCommerce market in Croatia

By Gloria Methri

The eCommerce industry in Croatia crossed $960 million in revenue by 2021 and is expected to cross $1,450.00 million in 2023. eCommerce revenue plays a vital role in the rise of Croatia’s GDP which is growing at a rate of 3% each year.

With internet penetration reaching 80% and 3.27 million internet users, online shopping and digital transactions are growing here like never before.

Paypal is used by 10% of the total online shoppers, while Credit/Debit cards are the most widely used payment method in the country. An estimated 40% of Croatian businesses are active in eCommerce, and retailers are incorporating more advanced technologies.

Let’s look at five of the most used eCommerce payment gateways in Croatia available for freelancers, entrepreneurs, and businesses.

5 widely-used eCommerce Payment Gateways in Croatia

• Monei

Monei is one of southern Europe’s fastest-growing omnichannel payments platforms. The company provides advanced payment services to merchants in various sectors from eCommerce and physical retail to restaurants and service-based businesses. Its mobile payment app, Monei Pay, lets businesses accept payments from anywhere.

• Fondy

Fondy is one of the leading one-stop payment solutions for cross-border commerce, marketplaces, and platforms that enables seamless transactions. It offers payment collection, split payments, and payouts through a single API. The company enables 8,000 businesses across Europe, the US, and Asia to sell online through its integrated payment services.

• Mollie

Mollie is one of the fastest-growing payment service providers in Europe. Already used by more than 130,000 businesses, Mollie’s payments solution offers quick onboarding, transparent pricing, no lock-in contracts, leading and local payment methods, an extensive range of powerful plugins, local support, and more.

• TrustPay

TrustPay provides innovative payment services for online businesses with cross-border reach. It offers a variety of payment solutions including, worldwide online card payment processing, alternative payment methods, modern accounts for online businesses, innovative reconciliation tools, and much more. TrustPay creates a customized strategy for every client to ensure secure eCommerce payments and a seamless experience.

• Reepay

Reepay is a SaaS company and one of Europe’s foremost experts in Subscription Economy and payment management. Its payment management platform helps enable businesses of all sizes to accept and process payments. Businesses like Winefamly, Interflora, DBA, and Chanti depend on Reepay’s payment solutions and recurring billing automation.