Without a terminal, Hungarian merchants can also accept card payments by smartphone

By: Trademagazin editor Date: 2020. 11. 19. 11:15

Hungarian merchants can also use their smartphones to accept cards when paying, so they can comply with the regulation, which will come into force within a month and a half, without requiring a terminal, which requires merchants online cash registers to provide – Fizetési Pont and Mastercard told MTI.

The service available on the Android phone was made available by Mastercard’s Doppio program and Fizetési Pont’s SoftPos development. To use SoftPos, you need a smartphone with an NFC chip in addition to registration. The use of the service also involves a non-refundable state subsidy of 80,000 HUF. Szász Ferenc, Mastercard’s director of business development, said in a statement that SoftPos eliminates the need to purchase other tools to receive payments. (MTI)