Tag "Apple Pay"

Smartphone payments turnover increased by 180 percent in two years

In ten months, K&H customers spent more than 469 billion forints with smart devices. This is 58 percent more than a year earlier, while compared to the same period in...

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Smartphone payments turnover increased by 180 percent in two years

In ten months, K&H customers spent more than 469 billion forints with smart devices. This is 58 percent more than a year earlier, while compared to the same period in...

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The use of digital wallets has exploded in Hungary

The use of digital wallets has exploded in popularity. At the beginning of 2024, only 10% of forint transactions on the Hungarian online payment solution Barion platform were made using...

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Digital wallets are also gaining ground in the online space: a quarter of Barion’s forint transactions already go through them

The use of digital wallets has exploded this year. At the beginning of 2024, only 10% of forint transactions on the Hungarian online payment solutions platform Barion were made using...

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The triumph of smart device payments continues

The triumph of smart device payments continues at K&H. The number of transactions increased by 43 percent this year, while the amount of spending increased by 57 percent. Among the...

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K&H: aratnak az okoseszközös fizetések

Továbbra is nagyon lendületes növekedést mutatnak az okoseszközös fizetések a K&H-nál. Az idei év első 8 hónapjában óránként átlagosan több mint 5500 okoseszközös fizetést bonyolítottak a pénzintézet ügyfelei, ami 67%-os emelkedésnek...

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K&H: cashless payment keeps booming

Smart device payments continue to grow rapidly, according to K&H. In the first five months of the year, there were more than 18 million transactions, 75% more than a year...

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K&H: more than 250% growth in smart device transactions

K&H’s solutions designed for smart devices produced spectacular growth last year. Customers realised 250% more transactions using the Google Pay, Apple Pay, Garmin Pay and Xiaomi Pay services than in...

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Co-op partners with PayPal to offer more online payment options

Co-op has partnered with digital payment provider, PayPal to offer additional choice for shoppers when paying for groceries online. PayPal is now available as a payment opition for purchases of...

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Magazine: Instant payment to make a breakthrough

At the end of July Sándor Nagy, the president of Ecommerce Hungary told at a webinar organised by Fintech Group that in one year 20 percent of online shops will...

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Carrefour wants to save loss-making hypermarkets with technology

More than half of the Carrefour hypermarkets in France are loss-making. The group is investing in mobile payment options and an Amazon Go variant to make shopping as easy as...

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Ingenico integrates the Apple Pay support of loyalty programmes

Ingenico Group has announced that they started to integrate the Apple Pay support of loyalty and coupon programmes into payment terminals in the USA and in Canada. The popularity of...

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Magazine: PayTechShow: Payment in just a second

The PayTechShow was organised for the first time in October, and its objective was to discuss the future of electronic payment services. Participants worked in three sections, there were nearly...

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7-Eleven introduces mobile checkout

After testing mobile self-checkout with employees at its own store, 7-Eleven launched the service in several Dallas locations in 2018 to get customer feedback for further fine-tuning. Customers at 7-Eleven in New...

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Mobile payment is ahead of a breakthrough in Hungary

About five years ago Apple Pay and Android Pay broke new ground in contactless mobile payment, especially in Western Europe. However, it is still early days in Hungary in this...

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OTP launched Apple Pay

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Apple Pay launched in Hungary

On 21 May the Apple Pay service was launched in Hungary, debuting at OTP Bank and to be followed by more banks in the weeks to come. With Apple Pay...

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Mobile payment platforms are spreading in Europe

After the US launch four years ago, Apple Pay is now available in Germany too. Partner companies already included Deutsche Bank, HypoVereinsbank, Bunq and Boon, Comdirect, N26 and O2 banking....

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No more queuing at Marks&Spencer

Marks & Spencer has launched a new ‘Mobile, Pay, Go’ service, enabling customers to pick up lunch in under 40 seconds. Since the rollout in Waterside more than 20 percent...

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Costco adopts Apple Pay in the USA

In the USA Costco has begun accepting Apple Pay following its recently completed deployment of contactless payment equipment throughout its network of 750 stores. The company also is planning to offer...

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