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New mandatory cashless payments in Slovakia

Editor-in-Chief
22/04/2026

Starting May 1, all business owners must accept cashless payments for purchases over 1 euro. The Financial Administration explains key points to avoid misinformation:

  • Seller chooses payment method: card payment, mobile phone payment, bank transfer, or QR code payment are all acceptable.

  • Cash is not disappearing: customers have the right to pay with cash, and cash payment remains the main option in case of technical problems.

  • Free solutions: for small businesses, the VRP 2 application is available, which allows generating QR codes without extra fees.

  • Fines: refusing to accept cashless payment can result in a fine from 500 to 15,000 euros.

This new rule is intended to simplify transactions and increase business transparency.

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