The Banking Association is committed to an instant payment system

The Hungarian Banking Association is committed to the success of the instant payment system, which will bring a new era of payment to the economy, but in order to make the fixed-fee electronic invoice package one of its pillars, the removal of the tax on electronic retail transactions is essential.

In its announcement sent to MTI on Tuesday, the alliance emphasizes that the introduction of the instant credit transfer on 2 March, 2020 will be a long-term step in the development of cash flow, placing Hungary among the most advanced countries in Europe in terms of cash flow efficiency. (MTI)