Trademagazin > News and articles > Market News > The MNB may maintain the value limit of 15,000 HUF for credit card payments
The MNB may maintain the value limit of 15,000 HUF for credit card payments
The central bank proposes to keep the 15,000 HUF limit for bank card payments, the managing director of the Magyar Nemzeti Bank told M1 news channel on Friday.
Bartha Lajos said that the previous limit of 5,000 HUF had been raised to 15,000 HUF in order to touch the terminal less often, thus reducing the risk of the coronavirus spreading. According to the data of the central bank, with the introduction of the value limit of 15,000 HUF, 90 percent of transactions can be carried out without contact. (MTI)
Related news
MNB Director: The central bank expects 4.7 percent annual inflation this year
Inflation is expected to exceed the central bank’s tolerance band…
Read more >K&H: how many forints did Hungarians spend playing cards abroad?
K&H bank card customers made nearly 3 million purchases abroad,…
Read more >In the wake of bank card fees – Costs are rising, but the conscious customer can still do well
Not only the contents of the shopping cart, but also…
Read more >
More related news >
Related news
EU Sees 2% Growth In Ice Cream Production In 2024: Eurostat
Ice cream production in the EU increased by 2% year-on-year…
Read more >Oatly Is Launching A Ready-To-Drink Matcha Latte Oat Milk This Summer
Oatly is the latest plant-based milk brand to launch a…
Read more >The Hungarian Central Statistical Office (KSH) reported better-than-expected GDP data
In Q2 2025, Hungary’s GDP figures published by the HCSO…
Read more >