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: before a slow turnaround, the commercial real estate market
The lower-than-expected GDP growth has not yet been able to…
Read more >MNB: inflation continues to slow down in September
August’s 3.4 percent inflation met the central bank’s expectations, September’s…
Read more >The number of bank card payments is soaring, the use of cash is decreasing in Hungary
In the past year, the number of merchants accepting bank…
Read more >
More related news >
Related news
It is worth choosing domestic poultry for St. Martin’s Day
This year too, goose steak cannot be missing from the…
Read more >Before St. Martin’s Day: can we expect an increase in prices for geese and ducks?
On November 11, St. Martin’s Day, it is customary to…
Read more >Extraordinary consumer protection inspections are being launched at food courier companies
The Ministry of National Economy, which is responsible for consumer…
Read more >