Slovakia Mandates Card Payment Option for Businesses Starting May 1

Starting May 1, Slovak businesses can no longer refuse cashless payments for transactions over one euro. The new regulation requires all merchants, from taxi drivers and repair technicians to café owners, to offer customers the option of paying by card or other electronic payment methods. The law eliminates the common practice of cash-only policies that many small businesses previously maintained. Business owners across various sectors must now ensure they have the necessary payment infrastructure in place to comply with the mandate, which affects any service or product costing more than one euro.