Payment methods in Slovakia
Slovak e-commerce reached EUR 1.84B in 2024 — second-highest ever — growing 6% year-on-year
Market takeaways
- Slovak e-commerce reached EUR 1.84B in 2024 — second-highest ever — growing 6% year-on-year
- 52% of Slovak shoppers still pay on delivery (COD), one of the higher rates in EU e-commerce
- Cards account for 40.30% of transactions; 96% of top Slovak stores accept Visa and Mastercard
- BNPL growing at 13.31% CAGR through 2031 — the fastest-growing segment
- Expected 7%+ annual growth through 2028, driven by contactless card adoption
Population
5.5M
Online population
~4.8M (~87%)
B2C e-commerce
~EUR 1.84B (2024)
Banked population
~90%
Credit card population
~55%
E-commerce of total retail
~15%
Payment method breakdown
- Cash on Delivery48%
- Card35%
- Bank Transfer10%
- E-Wallet5%
- BNPL2%
Card scheme breakdown
- Visa52%
- Mastercard44%
- American Express2%
- Local Schemes1%
- Other1%
Cross-border e-commerce
Market data coming soon.
Featured payment methods in Slovakia
Popular options based on coverage and prominence in this market.
PayPal
Global digital wallet and checkout provider with broad e-commerce coverage.
Bank Transfer (Internet & Mobile Banking)
Generic online and mobile bank-transfer methods (internet banking, e-banking, EFT and interbank transfers). Customers pay directly from their bank account via their bank's own online/mobile banking portal. Implementation and rails differ by country, but the consumer flow is a standard account-to-account bank transfer.
Visa
Visa is the world's largest card network, enabling credit, debit and prepaid card payments online, in-store and at ATMs across virtually every market. In the listed countries Visa is a core internationally accepted scheme alongside local methods.
Mastercard
Mastercard is a leading global card network supporting credit, debit and prepaid card payments online, in-store and at ATMs worldwide. In the listed countries it is a core internationally accepted scheme.
TatraPay
Tatra banka's pay-by-bank service redirecting shoppers to online banking to authorize e-commerce payments. Operator: Tatra banka, a.s.. Est. users: Major Slovak bank with broad retail base.
Twisto
The Czech Republic's leading buy-now-pay-later service offering deferred payment and pay-in-3 at online checkout. Operator: Twisto Payments a.s. (part of Zip). Est. users: 1.6M+ customers (cumulative).
All payment methods in Slovakia
Discover 8 payment methods from around the world
Featured banks in Slovakia
Major institutions operating in this market.
Intesa Sanpaolo
Turin, Italy
Intesa Sanpaolo is Italy's largest bank and one of the Eurozone's leading financial institutions, providing retail, corporate, and investment banking in Italy and across Eastern Europe, the Middle East, and Africa.
KBC Group
Brussels, Belgium
KBC Group is a Belgian banking-insurance company with a strong presence in Belgium, Czech Republic, Slovakia, Hungary, Bulgaria, and Ireland.
Erste Group
Vienna, Austria
Erste Group is Austria's largest bank, headquartered in Vienna. It serves 17 million clients across Austria, Czech Republic, Slovakia, Hungary, Romania, Serbia, Croatia, and Slovenia.
OTP Bank
Budapest, Hungary
OTP Bank is Hungary's largest bank and the dominant financial institution in the country, with significant regional presence across Central and Eastern Europe and the Balkans.
Raiffeisen Bank International (RBI)
Vienna, Austria
Raiffeisen Bank International (RBI) is Austria's second-largest bank and a leading retail and corporate bank in Central and Eastern Europe, operating in 13 markets.
PKO Bank Polski
Warsaw, Poland
PKO Bank Polski is Poland's largest bank by assets and customer count, state-controlled, offering universal retail, corporate, and investment banking.
All banks in Slovakia
Showing 17 of 17 banks
