Cash use cost 400-450 billion HUF a year for the country

The amount of cash in circulation in Hungary is very high at over 6,000 billion HUF, which costs about 400-450 billion HUF annually to the country – Balogh László, Deputy Minister of State of the Ministry of Finance said at a professional conference on Thursday in Budapest.

The Ministry of Finance wants a significant increase in the number and volume of bank card payments, and urges, for example, that pensioners do not ask for cash – the deputy Minister of State told at Napi.hu’s “E-wallet 2019” event. (MTI)