Tag "Visa"

K&H received an award for its fast, simple and effective innovations

For the third time this year, Visa awarded Hungarian banks in a total of ten categories. K&H Bank won the Digital Innovator UX 2024 award for digitally leading banks. The...

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Domestic subscription e-commerce is exploding right now

This summer, 4 percent of domestic webshops offered some kind of product in subscription form, however, according to the data, this proportion is expected to increase to 23 percent within...

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Based on Visa data, it becomes clear how the French economy will be stimulated by increased consumption during the 2024 Olympic Games in Paris

Visa, the official payment technology partner of the Olympic and Paralympic Games, has released new data on the first consumption results of the opening weekend of the Olympic Games. Based...

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Visa’s recent project proved that instant payments can be made safer by applying AI fraud prevention solutions

According to recent reports from the European Banking Authority and the European Payments Council, the number of frauds is also increasing significantly along with the increasing popularity of instant payments....

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84% of Hungarians plan to pay by card or smart device during their trip abroad

40% of Hungarians are planning a holiday abroad this year, and the most popular destinations are Italy and Croatia. The card usage experience of OTP Bank customers also shows that...

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From Ransomware to “Pig Slaughter Scam” Visa’s recent report draws attention to the most common frauds affecting consumers and businesses

Visa has released the spring 2024 edition of its semi-annual International Fraud Report, which highlights the most common payment threats affecting consumers and businesses worldwide. “Criminals never go on vacation....

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Visa and Mastercard have reached a $30 billion deal

Visa and Mastercard have reached a $30 billion settlement in the U.S. to limit merchant credit and debit card fees. This is expected to reach consumers in part in the...

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Two out of three Hungarian entrepreneurs do not have access to resources or help

Visa (NYSE: V) is once again launching its international She’s Next program in Hungary to support the development of small and medium-sized businesses run by women. After the successful completion...

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FIFA and Visa have extended their global partnership

FIFA is pleased to announce that Visa (NYSE: V), the world leader in digital payments, has extended its official FIFA partnership. The renewed agreement, which runs until 2026, will allow...

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Visa and the Red Bull Formula 1 teams enter into a global partnership

The Formula 1 field is starting the 2024 season with a new look and sponsor. Red Bull Formula 1 Teams and Visa (NYSE: V) today announced that they have entered...

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Visa: Six trends from the world of payments to watch out for in 2024

The essence of the payment industry is continuous development, and 2024 promises to be the year of changes. A trend reversal is expected compared to recent years: the global expansion...

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The Alpha generation will be the most entrepreneurial so far

The children of the Alpha generation (those born or to be born between 2010 and 2025) imagine a much smoother, more comfortable world that can transform local communities and change...

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Visa: 10-ből 7 magyar szerint egyszerűbb bankkártyával adományozni

A Siketek Világnapja alkalmából a Visa (NYSE: V) elindítja Magyarországon “Az érintés ereje mindannyiunké” kampányát, amely a Siketek és Nagyothallók Országos Szövetségének (SINOSZ) támogatására irányul a bankkártyás adományozást ösztönözve. Az...

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For the first time, Visa Hungary awarded women-owned businesses, and Fajszi Paprika Manufaktúra won

For the first time, Visa awarded women-owned businesses in Hungary, and the five winners each received HUF 2 million support and one-year mentoring, Visa announced to MTI on Friday. In...

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Visa: 83 percent of Hungarians traveling abroad pay by bank card

This year, 32 percent of Hungarians plan to travel abroad, and 83 percent of them indicated that they would like to pay with a bank card or smart device during...

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Visa: five payment trends to look out for in 2023

1. We will spend more on travelling: passenger turnover strengthened in 2022, and this trend is expected to continue in 2023. 2. More conscious consumers, more sustainable shopping: in another...

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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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Visa: Every fifth Hungarian plans to pay with a mobile phone during Black Friday

Mobile devices are increasingly becoming a self-evident part of everyday life, according to Visa’s latest research, 62% of Hungarian respondents prefer to use their smartphones to shop and pay online,...

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Almost two-thirds of Hungarians pay abroad with a bank card or mobile device

62 percent of Hungarians prefer to pay with a credit card, smartphone or smart watch when traveling abroad, and this is the second place in the regional ranking in terms...

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More than half of Hungarians prefer digital payment

More than half of Hungarians prefer digital payment for the sake of speed and convenience, EVO Group told MTI on Wednesday, the results of an international representative study titled “Payment...

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Survey: Hungarians are used to strong customer authentication when it it is used to electronic payments

The majority of Hungarians are accustomed to strong customer authentication, and 96 percent of the adult population with credit cards have already made purchases online, according to representative research by...

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Visa, Mastercard Prepare to Raise Credit-Card Fees

Visa Inc. V 0.53% and Mastercard Inc. MA 0.45% are preparing to increase the fees that many large merchants pay when they accept consumers’ credit cards. The fee increases—delayed during...

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VTB, Visa intro facial recognition payment solution

VTB Bank, a Russian bank, has partnered with Visa to launch a facial recognition payment solution. Vision, a contactless technology provider, is offering its O.Vision facial recognition app, which customers...

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Visa: 5+1 things about card payment security

Hungary is also a world-prominent in contactless payments. Hungarian consumers can experience the convenience of contactless transactions in their daily lives, they can pay quickly and easily at the points...

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Visa Introduces AI-Powered Innovations for Smarter Payments

Visa Inc. (NYSE: V) today announced VisaNet +AI, a suite of AI-powered services that address long-standing challenges and pain points for banks, merchants and consumers—including delays and confusion with managing...

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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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67% of small businesses worldwide and 78% of consumers have changed their habits due to COVID-19

While small and micro businesses around the world continue to feel the financial impact of COVID-19, one thing has become clear: rethinking the point-of-sale payment experience is essential to survival....

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Hungarian bank card holders trust biometric identification more

Research by Visa has found that Hungarian consumers think fingerprint and other biometric authentications are safer and more comfortable than the traditional methods. 90 percent of respondents said fingerprint recognition...

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Hungarian cardholders would rather pay with their fingerprints than with passwords

• New Visa survey finds Hungarian consumers feel more secure and comfortable with fingerprint or other biometric authentication than traditional methods • 19percent of Hungarian consumers have already quit online...

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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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