Tag "PSD2"
Experience, but a frustrating one
Date: 2020-10-01 12:42:48
For 58 percent of the nearly 3.5 million online shoppers shopping in the digital space is a frustrating experience – reveals the Mastercard-commissioned Payment Experience Report. The report points out...
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Hungarian e-commerce is at its peak, yet we are a country of abandoned baskets
Date: 2020-09-15 11:30:52
The coronavirus has really exploded web commerce in Hungary as well, more than half (58%) of the nearly 3.5 million online shoppers are still frustrated by shopping in the digital...
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Growing online marketplaces
Date: 2020-08-12 09:45:32
Volume sales in online retail increased by approximately 15 percent in 2019. Consumer electronics, fashion items, DIY and furniture were the top categories in e-commerce, but the FMCG sector wasn’t...
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Magazine: PayTechShow: Payment in just a second
Date: 2019-12-17 07:27:51
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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Mobile payment is ahead of a breakthrough in Hungary
Date: 2019-09-16 12:17:30
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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Strong customer authentication has arrived
Date: 2019-09-16 11:13:54
On 14 September, as part of the Payment Services Directive 2 (PSD2) entering into force, strong customer authentication (SCA) will be introduced in Hungary. This will entail changes in e-commerce,...
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Magazine: Technology brings major transformation to the Hungarian financial services market
Date: 2019-07-09 07:38:50
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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Strong customer authentication: great changes in the e-commerce market
Date: 2019-05-15 20:58:10
The countdown has started: on 14 September strong customer authentication (SCA) rules enter into force in Hungary too. This will make an impact on every player in the e-commerce market. On...
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How does the introduction of Payment Services Directive 2 in 2019 affect retailers?
Date: 2019-01-31 06:24:50
The European Union gave a green light to the Payment Services Directive 2 (PSD2) in November 2017, which is basically a collection of regulatory technical standards (RTS) enabling consumers to...
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Mastercard is preparing for the launch of open banking
Date: 2018-06-20 07:52:31
Mastercard is developing new services that will facilitate open banking. With trust and security major pillars of the open banking ecosystem, Mastercard’s new services will make it easier for banks and...
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EU Directive confronts banks with new challenges
Date: 2017-10-02 10:46:34
The first Payment Services Directive (PSD) introduced the SEPA bank transfer standard that is currently valid throughout Europe in 2009. The second to open up the banking market is now...
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