Tag "MasterCard"

Mastercard has increased its Valentine’s Day spending in Hungary by 1.5 times over 3 years

Valentine’s Day spending increased by 17 percent and pre-purchase purchases by more than 30 percent over the last three years, according to a study based on data from 53 countries....

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Mastercard opens European Cyber Resilience Centre

Mastercard has announced that it is developing its first European Cyber Resilience Centre, a state-of-the-art cyber and security centre in Europe. The new centre will drive collaboration between the public...

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Together with its Mastercard partners, it will plant 100 million trees over the next five years

The payment technology firm wants to mobilize the market sector through the establishment of the Priceless Planet Coalition to take concrete steps in environmental protection. Mastercard announces the creation of...

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Mastercard and the International Ski Association work on the sustainability of winter sports

With the help of a payment technology firm, Kitzbühel, home to the Hahnenkamm competition, will be completely cash-free, and experts say that in the next five years, many ski paradises...

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January 15 is the application deadline for the Mastercard Infrastructure Development Program

On November 29, 2019, Mastercard launched its Infrastructure Development Program, which aims to provide a significant boost to the domestic debit card acceptance infrastructure. The program provides financial and professional...

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3 million Hungarians on the road to spend Christmas at home

According to the latest Mastercard research, over 3 million Hungarians will board a plane, bus or train to spend Christmas with their family. 15 percent of Hungarian respondents will come...

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Magazine: Focusing on the customer experience

The Retailer of the Year competition has been organised again this year, courtesy of Mastercard. Offering good customer experience to shoppers is becoming increasingly important for market players. In 2019...

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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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The money sending service of Moneytou, Mastercard and Rakuten Viber has started

From today, users can quickly and easily send money to each other using a Hungarian-developed service available within the Viber application. The service, based on Mastercard Send technology, was announced...

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Magazine: What an experience!

Mastercard has prepared a customer experience study in connection with the Retailer of the Year 2019 award. The company wanted to find out what Hungarian retailers can do to win...

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The United States is the best for female entrepreneurs

The United States slightly overtook last year’s top-ranked New Zealand in Mastercard’s 2019 lineup, which ranked what is the best country for female entrepreneur in the world – origo wrote...

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Magazine: The Trade Parliament was in session (Part 1)

This year our magazine organised the Business Days conference in Tapolca under the name Trade Parliament, between 16 and 20 September. A record-breaking 750 FMCG experts and decision-makers came to learn...

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Mastercard’s consulting business brings its regional headquarters to Budapest

Mastercard’s strategic consulting business, Mastercard Advisors, will bring one of its European headquarters to Budapest, and plans to increase the number of consultancy teams that have already begun recruitment in...

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Mastercard’s advisory division moves to Budapest

Mastercard strategic consultancy business line, Mastercard Advisors brings one of its European centres to Budapest. As part of this move, the company plans to increase the number of advisors to...

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Rakuten Viber and Mastercard have launched an instant money transfer service

Viber users will be able to easily and safely send each other a small or larger amount of money a 125,000 HUF a month and a maximum of 780,000 HUF...

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Mastercard: adventure gifts gaining popularity for Christmas

According to a Mastercard’s survey, 8 percent of the Hungarians start Christmas shopping in September, with nearly one in two adults shopping for the holidays in November. This is due,...

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Bookline became the Trader of the Year

This year, Bookline won the grand prize of the Trader of the Year competition, sponsored by Mastercard. In the categories, in addition to the bookstore, Budapest Park, the event venue...

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European cooperation for cashless payment

Mastercard and mobile Point of Sale (mPOS) solutions company SumUp intend to increase the number of points where bank card payment is possible in Europe in the next 5 years. Ferenc...

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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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Magazine: Simple mechanisms, useful prizes

As part of the ‘Most successful promotion of the year’ competition, Kantar-Hoffmann and Trade magazin do a consumer survey every year, getting 32 direct consumer feedbacks on the entries and...

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Strong customer authentication’s start won’t be trouble-free

The date is approaching fast: on 14 September strong customer authentication (SCA) rules will enter into force in Hungary. It can already be seen that the system’s launch won’t be...

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Shoppers want the personal contact

In May JLL published a study about the future of retail. From this we learned that 65.2 percent of ‘veteran’ consumers need a professional’s help when shopping, for Baby Boomers entertainment...

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Mastercard buys an instant payment company

Mastercard acquires Nets, a company active in the immediate payment system market, for close to 3 billion euros – portfolio.hu wrote after Bloomberg. Mastercard acquires the Danish company Nets for...

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Focus on customer experience: the most innovative traders in the Hungarian market were rewarded

With the support of Mastercard, this year’s Merchant of the Year competition was launched to reward innovative commercial solutions that provide the best customer experience. The organizers are expecting the...

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Magazine: Ecommerce Summit 2019: Online shopping is the future

Ecommerce Hungary has organised its annual two-day conference, which is now called Hungarian Ecommerce Summit, in Visegrád for the 16th time.  Another new idea from the organisers was inviting experts...

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Gauder Milán leads Mastercard’s entire European product development and innovation department

Gauder Milán has been appointed as the Head of Product Development and Innovation at Mastercard Europe. The remarkable Hungarian professional with a remarkable international career is now responsible for the...

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Many people are paying this way at Lake Balaton and save a lot

According to the latest Mastercard data, the number of card payment transactions on ships and ticket offices at Balaton has continued to increase – penzcentrum.hu wrote. Not only do cardholders...

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Credit card users spend an average of 52 thousand forints a month

Debit card users spend an average of 32 thousand forints per month and credit card users spend 52 thousand forints – origo wrote, after K&H Bank. Domestic payment card purchases...

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Magazine: Technology brings major transformation to the Hungarian financial services market

At the end of April more than 400 experts gathered at the FinTechShow conference, where Hungary’s fintech strategy and the fintech programme of the Central Bank of Hungary (MNB) were...

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Two thirds of Hungarians are looking forward to new innovations in banking services

Mastercard commissioned TNS Kantar with conducting an 11-market survey on Digital Banking, which revealed that 6 from 7 people use a digital banking service at least once a month, and...

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