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mastercard

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Mobile Payments Driving Financial Digitization

D&T
Mar 19, 2026

Mastercard has published the results of its research on credit card usage and attitudes, which has been tracking the payment habits of Hungary’s urban population for 17 years. According to the study’s findings, the use of electronic payment solutions in Hungary increased across all segments examined in 2025. The most significant progress occurred in the […]

Mastercard Bank of the Year Grand Prize for OTP Bank

D&T
Feb 14, 2026

The Mastercard – Bank of the Year competition, which has become a key professional event in the domestic banking sector over the past two decades, was held for the twentieth time, with the top prize going to OTP Bank. This year, the competition was revamped, with the organizers dividing the nine categories into three segments […]

Mastercard Doubles Advent Season Bank Card Donations

D&T
Jan 27, 2026

The strategic partnership between the Hungarian Interchurch Aid and Mastercard will continue in 2026. Innovative, secure digital platforms for fundraising, which have significantly increased the efficiency of Advent fundraising, are playing an increasingly important role in the joint effort to support the aid organization's operations. Card donations proved to be extremely successful overall: 2,000 donors […]

Digital Innovation in Fundraising

D&T
Dec 10, 2025

Digitalization does not stop during the Advent season: just as in everyday life, electronic payment solutions are replacing cash in fundraising. Mastercard and the Hungarian Interchurch Aid are entering into a strategic partnership to create and promote the technological background for conscious, fast, and secure fundraising. It is no coincidence that the announcement of the […]

Mastercard Digital Payment Index: Hungary Scores 63

D&T
Nov 11, 2025

The Mastercard Digital Payment Index (DFI) rose by 12 points over five years, reaching 63 points in Hungary last year, according to Mastercard's latest report released to MTI on Tuesday. The driving force behind this growth was the efforts of market players to develop digital payment infrastructure, as well as favorable changes in the regulatory […]

OTP Named Bank of the Year

D&T
Feb 14, 2025

The nineteenth edition of Hungary’s most prestigious banking sector competition, the 'Mastercard – Bank of the Year', has concluded. This year, the competition was revamped, with the nine award categories grouped into three main segments: in Daily Banking, OTP Bank delivered the most outstanding performance; in Innovation, K&H Bank took the lead; and in the […]

European Gen Z's Love for Experiential Gifts

D&T
Dec 5, 2024

He’s not going to say no to the latest AirPods. She’s not going to turn down that designer weekender bag. But a new Mastercard survey exploring the preferences of Europe’s Gen Z reveals those gifts may be merely the means to an end: the experience itself, Mastercard explains in a press statement. For many younger […]

Mastercard Green Friday in Hungary

D&T
Nov 15, 2024

Mastercard launched its second Green Friday campaign, this year, the objective is to promote conscious food shopping and nutrition. Several Hungarian banks have joined the initiative, the credit card company's statement said on Friday. "The focus of this year's Green Friday is on sustainable food shopping and nutrition, as it is clear that many of […]

1 in 3 Hungarian Cardholders Regularly Pay by Mobile

D&T
Mar 21, 2024

The digitalization of Hungarians using bank cards has continued to grow, especially in mobile payments and online shopping, but travel and spending abroad have also returned to pre-pandemic levels, according to the results of Mastercard's Bank Card Usage Habits and Attitudes survey published on Thursday. With a 97% bank card penetration rate in Hungary, the […]

Mastercard Campaign to Promote Conscious Spending

D&T
Nov 20, 2023

In the run-up to the festive shopping season, Mastercard has launched a Green Friday campaign with its partners to raise awareness of conscious spending and environmentally conscious shopping. According to a statement sent by Mastercard to MTI on Monday, Magyar Cetelem Bank, Gránit Bank, OTP Bank, Magnet Bank, MBH Bank and Raiffeisen Bank joined the […]

Online Retail Gross Sales Up 8.8% in H1 2023

D&T
Oct 6, 2023

Online retailing achieved a gross turnover of HUF 631 billion in the first half of this year, 8.8% more than in the same period last year, according to the digital retailing survey by market research company GKID and Mastercard. The summary, says web sales grew 7.7% in the first quarter and 9.8% in the second […]

Mastercard to Find Bank of the Year Again

D&T
Jun 24, 2023

For the eighteenth time, the ‘Mastercard – Bank of the Year’ competition is looking for the most outstanding financial service providers. This year, the performance of financial institutions will be measured in seven categories and a grand prize winner will be selected, the global payment technology company told MTI. They stressed that in addition to […]

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