Payment methods by country · Payment methods
How do Israelis pay online?
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Israelis pay mostly by card. A Bank of Israel survey from June 2023 found payment cards and cash rated the most common and friendliest ways to pay, followed by bank transfers and payment apps. In the same survey, 42% of money sent through payment apps went to businesses for goods and services. bit, published by Bank Hapoalim, calls itself Israel's leading payment app and lets users pay on websites without entering card details.
- Currency
- Israeli new shekel (ILS)
- Most common
- Payment cards and cash (Bank of Israel survey, 2023)
- Payment apps
- bit (Bank Hapoalim); 42% of app transfers go to businesses
- PlatformDTC offers
- Cards, Apple Pay, Google Pay, PayPal
What PlatformDTC does
PlatformDTC checkout offers Israeli shoppers cards, Apple Pay, Google Pay and the store's PayPal in shekels, subscriptions included. bit and bank transfers are not offered today.
What the Bank of Israel found
The central bank's survey, published in January 2024, ranked payment cards and cash first, then bank transfers and payment apps. Payment apps are already used to pay businesses, not only friends.
bit
bit lets users pay on websites and in apps without typing credit card details. It is published by Bank Hapoalim.
Frequently asked questions
- Does PayPal charge in shekels on PlatformDTC?
- Yes. ILS is one of the 22 currencies PlatformDTC's PayPal button charges in.
- Can Israeli shoppers pay with bit on PlatformDTC?
- Not today. Cards, Apple Pay, Google Pay and PayPal are available.
Sources
- Bank of Israel publishes a survey of means of payment preferences in Israel — Bank of Israel
- bit (App Store listing) — Bank Hapoalim
Related
- Turkey — Cards dominate, including Turkey's own TROY network, plus BKM's bex card wallet.
- Egypt — InstaPay instant transfers, Meeza national cards and Fawry cash payments, alongside cards.
- Greece — Cards, plus IRIS account-to-account payments, which Greek law requires businesses to offer.
- South Africa — Cards, plus bank-to-bank payments through Ozow, PayShap real-time transfers and SnapScan QR.
- Argentina — Mercado Pago, cards and bank-app QR payments that work across wallets under Transferencias 3.0.
- Chile — Debit cards lead, with electronic bank transfers and transfer-based checkouts such as Khipu.
- Colombia — PSE online bank payments, Bre-B instant transfers by key, the Nequi app and cards.
- United States — Cards and wallets lead; Cash App Pay, ACH bank debits and BNPL such as Affirm and Afterpay follow.