Fiscal subject related
The National Council of the Slovak Republic has approved a delay in the obligation for sellers to accept cashless payments over one euro. Originally set to begin on March 1, 2026, the requirement will now take effect on May 1, 2026, pending the president’s signature.
The extension gives businesses—especially small traders, sole proprietors, and craftsmen—more time to prepare. Many of them need to install new systems, such as QR payment software or card terminals, to comply with the law. The timing also avoids overlap with other major tax obligations due in the spring.
Banks cannot charge for notifications of non-cash payments if they use the Financial Directorate’s system. Also, the Financial Administration has prepared QR payment solutions, with major banks expected to launch their systems by May.
While sellers must offer at least one cashless option, cash payments remain fully accepted.
Official Statement:
“The postponement gives sellers more time to prepare and aligns with the tax return period, ensuring smooth implementation,” said Jozef Kiss, President of the Financial Administration.
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