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
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 >German shoppers open to biometric payments
According to a recent Mastercard survey 43% of German consumers…
Read more >Card payments are now a basic requirement for merchants
“Card acceptance today is like a utility service: a basic…
Read more >Related news
Are we buying more consciously? Demand for Hungarian flavors is unabated
Kifli.hu works with hundreds of Hungarian producers to offer a…
Read more >Interest discount on green loans
The popular green home loan will be even more favorable…
Read more >Recent survey: Fear of rejection is crippling businesses
A recent survey found that 33 percent of businesses cite…
Read more >