Slovakia enforces mandatory digital payment requirement for retailers

Slovak retailers now face a new legal obligation to accept at least one form of cashless payment for purchases over one euro, effective from the beginning of May. The Financial Administration, Slovakia's tax authority, has begun monitoring compliance and can now take action against businesses that fail to offer digital payment options. The measure aims to modernize payment systems and reduce reliance on cash transactions, eliminating excuses from merchants who previously claimed their card terminals were not functioning.