The amount of cash in circulation is on top in Hungary
Although cash in circulation increased to 6,117 billion HUF in Hungary, and 74 percent of daily purchases are still carried out with cash, more and more innovative payment solutions are available in Hungary – Világgazdaság Online quotes BlockBen’s announcement.
According to the company, while many people are still learning the PayPass term, mobile or QR-based payment is gaining ground, which is safe, fast, simple, cheap and convenient. Mobile payment solutions such as WeChatPay or AliPay are spreading worldwide. (vg.hu)
Related news
Christmas will be tighter for many
The gross financial assets of the Hungarian population reached 106…
Read more >
The number of bank card payments is soaring, the use of cash is decreasing in Hungary
In the past year, the number of merchants accepting bank…
Read more >
Large British supermarkets limit cash payments
A growing number of British supermarket chains are deciding to…
Read more >Related news
KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >
Márton Nagy: high food inflation is unacceptable, the government is ready to take action with all means to protect families
According to Márton Nagy, high food inflation is unacceptable, and…
Read more >
NGM spokesperson: prices were already corrected in the last days of January
According to the Central Statistical Office (KSH), in January 2025,…
Read more >
