Mastercard’s money sending solution is revolutionizing the redemption of repo fees
At the Mastercard City Takeover daytime parties from August 10 to 13, an extraordinary innovation will be presented to festival-goers.
The organizers provide visitors with the opportunity to receive the full price of their repo purchases back to their bank card thanks to Mastercard’s money sending solution, thereby speeding up and facilitating the redemption process.
“Mastercard money transfer is a solution that enables payment directly to the recipient’s card. Merchants can issue refunds to customers, while users can quickly pay each other or easily top up their cards and digital wallets. Person-to-person payments have become increasingly common in recent years, but the solution also has clear benefits for businesses. It’s a service that makes sending money easier, faster and smarter – giving people not only choice, but also a seamless payment experience.”
– said Endre Eölyüs, Mastercard’s director responsible for Hungary and Slovenia.
Related news
K&H and Mastercard are preparing for the summer with shared experiences
K&H and Mastercard are welcoming visitors nationwide with exclusive music…
Read more >Cautious optimism: this is how domestic SMEs manage their finances and digitalize
Hungarian SMEs are planning cautiously: while the economic environment holds…
Read more >This year’s payments market trends according to Mastercard: AI, digitalisation, mobile wallets and tokenisation
According to Mastercard’s experts, the following 10 factors will determine…
Read more >Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >Csökkentette az élelmiszerárakat az árrésstop és az online Árfigyelő bővítése
2025 áprilisában csökkent az infláció és az élelmiszerárak növekedési üteme…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >