The number of chip bankcards increased by almost two-thirds

By: trademagazin Date: 2011. 08. 25. 12:14

The spread of the EMV chip bank cards accelerated in Hungary: at the end of the first half their number reached 4.65 million this is the 53 percent of ther total cards issued – shows the statistics of the Hungarian National Bank.

The situation is greatly improved over the past year, since during the twelve months ended in June, the number of bank cards with chips increased by 63.8 percent in Hungary. The share of chip debit cards excessing 55 percent, while at credit cards it is a little over 40 percent – reports Világgazdaság Online.

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