Without a terminal, Hungarian merchants can also accept card payments by smartphone
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)
Related news
Experts: education is the most effective defense against cybercriminals
Education is the most effective defense against cybercriminals, because no…
Read more >The age of cybercrime 2025: a new economic reality
The annual global cost of cybercrime could reach USD 14tn…
Read more >Mastercard’s tokenization transformation in Europe is halfway through in a year
A year after Mastercard announced its goal to completely eliminate…
Read more >Related news
A thousand water experts are working to combat the drought
A thousand water experts are working nationwide to combat the…
Read more >Hungary is free from highly pathogenic avian influenza again
Hungary is once again considered free from avian influenza according…
Read more >Non-food discounters target Central Europe
Non-food discounters are rapidly transforming European retail: Action, Woolworth and…
Read more >