Nearly three-quarters of Hungarians have been shopping in their local community since the spring quarantine period

By: Trademagazin editor Date: 2020. 10. 06. 11:39

According to a new study by Mastercard, every fourth (74%) customer in Europe is more likely to buy in their local community than a year ago. This ratio is 72% for Hungarians.

This year’s public health crisis has caused serious concerns about the role of small businesses in the national economy, but Mastercard’s 250 million USD global aid and trust in local businesses could help stakeholders recover. The goal is for these businesses to be able to expand in the long run, helping not only local communities but the entire economic sector. Mastercard has introduced several services in Europe to serve this purpose, including the Business Unusual platform and the Mastercard Trade Solution – all of which help businesses save money and time in addition to traditional banking services.