Mastercard: mobile payment is becoming more and more popular in Hungary

Mobile payment in Hungary is becoming more and more popular: Hungarian cardholders have been using mobile phones for one-touch payments much more times than in the first five months of last year. Due to new entrants, by the beginning of 2018, growth was twenty-six times, according to Mastercard.

Eölyüs Endre, Mastercard’s Director for Hungary and Slovenia, says that the prospects are good as the summer festival season is coming. According to a research conducted by the company’s university students, more than 20 percent of students in higher education already use mobile wallets, especially at summer festivals. (MTI)