Tag "bankkártya"

58 percent of Hungarians pay with their card at the store on a daily basis

58 percent of Hungarian banking customers use their card on a daily basis for in-store payments, and 72 percent of those surveyed pay this way several times a month, Mastercard...

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K&H: More frequent card use by young consumers

A survey made for K&H’s youth index has found that 78 percent of 19-29 year old consumers use some kind of bank card, but only 38 percent do online banking...

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K&H: three-quarters of young people with a bank connection use a credit card

78 percent of 19-29-year-olds with banking connections use some form of credit card, but only 38 percent and 45 percent use Internet banking or mobile banking services, respectively, K&H told...

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One and a half million Google Pay transactions in six months at K&H

Since its launch this spring K&H customers spent HUF 8 billion using the GPay service – informed K&H. K&H’s head of innovation Balázs Németh added that between April and September...

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Bank cards for blind and visually impaired consumers

Mastercard is introducing bank cards that make it possible for blind and visually impaired consumers to differentiate between credit, debit and prepaid cards. In the Touch Card system there are...

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Blokkk.com: when cash matters the most

We take more cash out of the bank than we spend with credit cards at various providers. In terms of shoplifting, the value of credit card payments at service points...

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A new code makes online shopping safer

In the Financial Corner section of the Magyar Nemzeti Bank (MNB), origo seeks answers to the following question from central bank experts: “I would have bought online with my bank...

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The Payment Point introduced electronic card payment without a POS terminal

The Payment Point (Fizetési Pont) has introduced a new card electronic payment solution in Hungary: with the so-called SoftPOS technology, it is possible to make a credit card purchase transaction...

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Magazine: Stronger competition and a level playing field in the e-payment market

In the summer of 2019 a study by the Hungarian Competition Authority (GVH) found that the costs of bank card payment are too high for small-turnover retailers – so high...

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There are little-known benefits of premium credit cards

There are many benefits to credit card payments, from being able to pay quickly and conveniently both online and at physical points of acceptance, to the current state of contact,...

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Japan is slowly running out of credit card combinations

In Japan, since the start of the new type of coronavirus pandemic, credit card use has started to grow to such an extent that newly issued cards are slowly running...

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Next year we can pay out even 1 forint with a credit card

From January, it will be possible to pay out even a single forint with a bank card, no cash will be needed, the parliamentary secretary of state of the Ministry...

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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...

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MNB: turnover with bank cards increased significantly in the first quarter

In the first quarter, the domestic turnover of bank cards increased by 13 percent in number and by 23 percent in value compared to the same period of the previous...

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The number of cash payments decreasing

Landslide-like changes have been brought in everyday life, including measures related to the coronavirus pandemic in banking and shopping, such as curfew restrictions – napi.hu wrote. The average value of...

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Here are the cheap credit cards

Several banks have appeared with their credit cards that fit into the interest rate cap that came into effect due to the epidemic. You can apply for a credit card...

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Time and experience are the new money

Our magazine interviewed Péter Mondovics, marketing manager of Mastercard about their role in METRO’s ‘Anniversary Winning Weeks’ promotion campaign. – Thanks to METRO’s network and constantly expanding HoReCa customer base,...

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Mastercard would double the number of credit card acceptance points

Mastercard has announced a three-year infrastructure development program to double the number of credit card acceptance points in Hungary, which will cost around 2 billion HUF – the card company...

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Visa’s market share is approximately 20 percent of the domestic card turnover

Credit card holders in Hungary today purchase in a value of more than 20 billion euros a year, of which Visa’s market share is about 20 percent, according to central...

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Biometric fingerprint reader on credit cards

Swiss-based payment technology firm Cornèrcard, Gemalto and Visa have developed a credit card that already has a biometric fingerprint reader – origo wrote. As stated on Cornèrcard’s official website, “With...

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The number of known credit card frauds increased twentyfold In the past five years

In the past five years, the number of known credit card fraud cases in the world has increased approximately twentyfold – Hungary’s cyber coordinator told M1 news channel on Thursday....

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Online shops are likely to speed up instant payment

Experts estimate that there are approximately 10,000-14,000 online shops in Hungary, which realised more than HUF 500-billion sales in 2018. Half of online purchases are still paid for in cash,...

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The Hungarian Competition Authority proposes to encourage bank card acceptance

The Competition Authority (GVH) did not reveal any market disruption in the market for credit card acceptance, which would trigger the initiation of a competition supervision procedure, but suggested measures...

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Two thirds of Hungarians would pay with smartphone instead of bank card

At the end of May Mastercard published the results of a survey, which reveal that two thirds of Hungarians would prefer smartphone payment instead of bank cards. One quarter of respondents...

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The number of bank card abuses more than doubled

The number of bank card abuses more than doubled in the first quarter, compared to the 7200 cases of a year before, and almost 15,000 cases were registered on the...

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Mastercard business cards

What kind of advantages do business cards offer in comparison with credit/debit cards? Business cards are linked to the bank accounts of enterprises (e.g. limited partnerships, limited liability companies, sole traders,...

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The share of payers with credit cards grew

More than a quarter of card holders are trying to pay with cards in all possible cases, which is an increase of 10 percentage points since the most recent data...

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Mastercard: 16 million tourists visited Hungary spending 5.5 billion euros last year

In Hungary last year, 16 million tourists spent 5.5 billion euros. About 60 percent of the amount was spent with a credit card – Mastercard told MTI on Thursday. According...

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According to a survey people buy more with a credit card in the summer

The number of foreign bank card purchases grew by more than 30 percent in the summer, with a rise of nearly 32 percent in value.   The value of domestic...

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New business development and sales leader in Mastercard’s Hungarian team

Berkes Tibor has become Mastercard’s new business development and sales manager. The specialist joined the Budapest office this summer and is now responsible for the basic products of bankcards, corporate...

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