How to prepare for mandatory cashless payments from 2026 without a terminal and without unnecessary costs?

From May 1, 2026, businesses will be required to allow customers to make cashless payments – starting from just 1 euro. At Payout, we have prepared a simple solution – Payout QR, which enables you to accept payments within 24 hours, without the need for a payment terminal and with lower transaction costs.

Jana Hmírová (CEO) told us more about its practical use.

1. Do businesses need a payment terminal to accept payments via Payout QR?

No, at Payout we don't even provide terminals. To display the code, they can use any display they already use.

2. What type of QR code do you use?

We use the Pay by Square QR code, which is universal and works in the applications of all Slovak banks.

3. When are payments credited to the account?

Payments are credited immediately, each transaction separately. It is therefore not cumulative settlement.

4. What are the costs of using QR payments?

The fee is set at EUR 0.35 per transaction.

5. Is it possible to cancel a payment or modify a receipt?

Yes. The client manages operations through Payout banking or their own system, which can be connected to the Payout platform via API.

6. Is technical support available?

Yes. A telephone help desk and online customer support are available.

7. What is the fee for a QR transaction?

Generally, it involves lower costs compared to traditional payment methods, which is advantageous for merchants.