
Slovakia's Postal Service Launches Most Accessible ATM and Deposit Machine Network
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Slovakia's postal service has launched what it calls the country's most accessible network of ATMs and deposit machines, expanding cash access beyond traditional banks. The move comes as cash remains important for Slovaks despite the growing popularity of cashless payments. The significance of cash transactions has increased following the introduction of a transaction tax, which has led many businesses to prefer cash payments. Demand for cash traditionally rises before Easter holidays due to traditional gift-giving customs, shopping, and travel. The postal service network allows people to access cash without needing to locate a bank or traditional ATM, simply by visiting any post office location.
