Articles by #hashtag

Electronic payment

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Five-fold Increase in Card Purchases in Ten Years

Jun 8, 2022

The Financial Stability Council of the National Bank of Hungary (MNB) has discussed and approved the 2022 Payment Systems Report. The Council found that payment service developments in 2021 returned to pre-pandemic trends, bringing about dynamic development in terms of the further spread of electronic payments. The development of the electronic payment infrastructure in Hungary […]

Hungarians Still Used to Cash Payments

Jul 26, 2020

The Electronic Payment Service Providers’ Association (EFISZ) conducted a national representative public opinion poll with contribution of its members on electronic payment in Hungary during the epidemiological situation. The survey, conducted as part of the professional work related to the development of the Electronic Payment Strategy (EPS), covered public knowledge, preferences and needs in connection […]

Good News on Instant and Electronic Payments

Jun 17, 2020

The number of payment cards and, in line with the outbreak of the coronavirus pandemic, as a result of the rapid growth in home delivery services and preference to contactless payments, the number of virtual merchant outlets accessed via internet increased significantly in Hungary in the first quarter of 2020. An information release by the […]

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