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Slovak Republic

Euro (EUR)

Mobile payments are gaining popularity among a variety of generations in Slovakia. Cards, as well as cash on delivery, are commonly used for online transactions, with younger people often opting for digital wallets and virtual credit cards. QR code payments are also on the rise among the more technologically savvy.

Slovakia flag

Population

5,447,247

Banked Population:

95.62%

Group 427321246

Main industries

Agriculture, Mining, Service, and Automobiles & Electronics

Group 427321247

Main imports

Motor Vehicles (parts & accessories), Cars, Broadcasting Equipment, Crude Petroleum, and Insulated Wire

Group 427321248

Main exports

Cars, Motor Vehicles (parts & accessories), Video Displays, Broadcasting Equipment, and Rubber Tires

GDP stats

$21,391.9

Per capita (USD)

3%

Growth annually

64

World ranking

Internet usage

89%

Smartphone usage

69%

Credit/debit card usage

30.94%

Group 427321245 1

Total volume of digital payments projected to reach

$6.45B (USD)

Payment Methods in Slovak Republic

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