Ukrainian merchants are obliged to introduce cashless payments by 2026.

Tuesday, August 16, 2022
Ukrainian merchants are obliged to introduce cashless payments by 2026.

From January 1, 2023, all merchants working in cities with a population of more than 25,000 people must provide a cashless payment method for selling goods and services. Exceptions for trade enterprises with an area of ​​up to 20 square meters are also eliminated. In addition, from January 1, 2024, merchants in settlements with a population of 5,000 to 25,000 people are also obliged to provide the ability for payment by card or other electronic means. This requirement will be introduced for settlements with a population of up to 5,000 people beginning January 1, 2025, except for several categories of entrepreneurs. Entrepreneurs in the first group of the single tax, merchants who sell goods through vending machines or carry out street trade, and sellers of products grown or fed by their own hands must implement this option  beginning January 1, 2026.

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