fiskaly is expanding into the Czech Republic

The Vienna-based fintech scaleup fiskaly is expanding its business operations to the Czech Republic, bringing its total number of European markets to nine. With its new solution, SIGN CZ, the company aims to enable point-of-sale system providers and merchants to comply with the planned EET 2.0 electronic sales reporting requirement. This requirement is set to take effect on January 1, 2027, for numerous businesses in the retail, service, and hospitality sectors. Integration and testing of the fiskaly solution are already possible.

The Czech Republic Becomes the Ninth European Market

With its market entry in the Czech Republic, fiskaly continues its international expansion. The company develops cloud-based software and programming interfaces for the legally compliant recording and verification of point-of-sale transactions. In addition to this new market, the Vienna-based scale-up is already active in Germany, Italy, Sweden, Spain, Portugal, France, Belgium, and Austria. The market entry comes ahead of the planned introduction of EET 2.0 in early 2027. With SIGN CZ, fiskaly is providing a solution designed to integrate into existing point-of-sale systems. According to fiskaly, software providers and businesses can already begin technical integration and testing. The company aims to position itself early on as a technology partner for the transition of the Czech point-of-sale system.

EET 2.0 is set to reintroduce electronic sales reporting

The market entry is driven by the planned introduction of a new system for the electronic recording of sales transactions in the Czech Republic. The regulation is called Elektronická evidence tržeb, or EET 2.0 for short, and is set to take effect on January 1, 2027. According to available information, the system records payments made during in-person interactions between customers and businesses. The payment method used is generally irrelevant; cash payments, card payments, and payments via QR code are all to be recorded. What matters most is whether the customer is physically present during the transaction. A card payment made at a store checkout counter is therefore subject to the planned reporting requirement. If, however, the same card is used for an online purchase, this regulation does not apply based on the distinction described above. The requirements apply in particular to businesses in the retail, hospitality, and service sectors.

Digital Receipts Instead of Mandatory Paper Printouts

EET 2.0 is intended to modernize electronic sales reporting while simultaneously advancing the digitization of point-of-sale processes. A key difference from previous procedures is that, according to fiskaly, the regulation no longer requires the printing of paper receipts. Transactions are to be recorded regardless of whether customers pay with cash or cashless methods. This is intended to make the system better suited to modern payment habits and reduce the administrative burden associated with sales documentation. For point-of-sale system providers, the transition means their software must technically comply with the new legal requirements. This is where fiskaly comes in with its cloud-based infrastructure.

SIGN CZ is designed to simplify technical integration

With SIGN CZ, fiskaly offers a solution for compliance with Czech requirements for electronic sales reporting. The software is aimed in particular at point-of-sale system providers and companies that need to prepare their existing systems for the new regulations. fiskaly takes an API-based approach. Providers can integrate the relevant functions into their POS software via programming interfaces. This is intended to simplify the technical implementation of legal requirements and enable companies to continue using their existing POS systems. According to the company, the integration and testing phase for SIGN CZ has already begun. The announcement does not include specific details on pricing, technical certifications, or the number of Czech POS systems that have already been integrated.

Ministry of Finance Expects Additional Tax Revenue

With the reintroduction of electronic sales reporting, the Czech Republic is also pursuing fiscal policy goals. According to estimates by the Czech Ministry of Finance, EET 2.0 could increase public revenue by approximately 14 billion Czech korunas annually. Based on the conversion rates used in the announcement, this corresponds to approximately 560 million euros. The additional revenue is expected to result primarily from more comprehensive tracking of taxable sales and the curbing of undeclared business activity. This is a forecast by the ministry. The actual amount of additional revenue can only be assessed after the system has been implemented and is operational. For technology providers such as fiskaly, the new requirements create a market for corresponding software solutions and integration services.

More Than One Million Point-of-Sale Systems Connected

According to its own statements, fiskaly is one of the established European providers of cloud-based fiscalization technology. The company serves approximately 2,000 B2B customers in Europe. According to the company, its infrastructure is used in more than one million point-of-sale systems. fiskaly has a particularly strong presence in the German market, where the company claims a leading market position for its solutions. The technology is designed to secure point-of-sale transactions and digital receipts in compliance with the law, electronically sign them, and protect them against subsequent tampering. By expanding into nine European markets, fiskaly aims to address varying national requirements through a common technological infrastructure. This is particularly relevant for internationally active point-of-sale software providers and retail companies that are subject to different legal requirements in multiple countries.

European Fiscalization as a Growth Market

Requirements for electronic point-of-sale systems continue to vary significantly across Europe. While some countries rely on digital signatures and technical security measures, others require the electronic reporting of certain transactions to government agencies. For companies with an international presence, this results in additional integration and maintenance costs. fiskaly aims to reduce this complexity with country-specific solutions on a cloud-based platform. Co-founder and Co-CEO Johannes Ferner sees the Czech reform as another step toward digital fiscalization procedures in Europe. The company was also honored with an EY Scaleup Award in 2026. With SIGN CZ, fiskaly is now entering another national market. The final regulatory implementation of EET 2.0, technical integration with point-of-sale system providers, and the solution’s acceptance by the Czech retail sector will be crucial to its success.