Every third Hungarian card holder pays regularly with a mobile phone
Mastercard today published the results of its Bankcard Usage Habits and Attitudes research, in which it has been mapping and tracking the payment habits of the Hungarian urban population for 15 years now. Based on the latest results, the digitization of Hungarian users continued to increase, primarily in the field of mobile payments and online shopping, but for example foreign travel and spending also reached the pre-pandemic level.
In addition to the 97% domestic bank card penetration, the proportion of those who say that they pay with a bank card very often, several times a week, during their purchases in stores has continued to increase and reaches 63 percent, and the proportion of those who use the card on a daily basis is already 23%. Overall, it can be seen that 85% of bank customers pay with a bank card at least once a week. In addition, the group of people who do not use the card for payment at all has further decreased, their proportion is now only 3%. The development of the use of cards for online bill payments is one of the most obvious: today, 63% of those surveyed make these payments by card, and at the same time, the proportion of payments by check has decreased from 41% to 36%.
Related news
K&H and Mastercard are preparing for the summer with shared experiences
K&H and Mastercard are welcoming visitors nationwide with exclusive music…
Read more >Cautious optimism: this is how domestic SMEs manage their finances and digitalize
Hungarian SMEs are planning cautiously: while the economic environment holds…
Read more >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 >Related news
Viktor Orbán spoke about the extension of the margin freeze
A decision on extending the margin freeze to household and…
Read more >From June, it will be illegal to sell energy drinks to those under 18 – this is how home delivery will be controlled
Hungary’s Parliament has unanimously passed a bill that bans the…
Read more >Serious negotiations are underway to end the tariff war
Only with sincere intentions can we negotiate – this is…
Read more >