Coca-Cola HBC Hungary is introducing a fintech solution

By: Trademagazin Date: 2022. 10. 04. 08:12

Thanks to banking and fintech cooperation, customers of the Coca-Cola HBC group of companies will be the first in Hungary to be able to pay by instant transfer and card. With the development, financial transactions will become significantly simpler, faster and safer for Coca-Cola HBC Hungary and its approximately 35,000 customer partners.

The integrated banking and fintech application will soon be available for payment

Coca-Cola HBC Hungary will initially put 400 myPOS Carbon devices on the market with the CCHBC Pay application developed by IQOM Kft., the Hungarian distribution partner of myPOS, with which you can pay contactless by card and instant transfer.

Through the instant payment system (AFR), individual domestic transfers of a maximum amount of HUF 10 million, initiated electronically, are completed. The financial solution works every day of the year, 0-24 hours a day, the transaction turnaround time is 5 seconds. Customers of Hungarian banks can use the instant payment system from March 2020. During immediate payment, partners can also forget complicated account numbers: instead of an account number, even a pre-registered e-mail address or phone number can be entered as an identifier. Instant payment itself is “cash without cash”, as it is a convenient and competitive alternative to cash payment.