The limit for touchless payments without a PIN is raised to fifteen thousand forints
Up to 5,000 to 15,000 HUF for touch pay card purchases allowed without a PIN from April 15, with an estimated 90 percent of purchases without having to touch the POS terminal – the Ministry of Finance said that this measure also serves to slow down the epidemic.
The PM also draws attention to the fact that the Hungarian government is constantly monitoring the economic situation caused by the coronavirus epidemic, examining the incoming proposals, consulting with the market participants and taking the necessary measures. Part of the fight against the virus is, among other things, to significantly increase the non-cash payment rate and to minimize physical contact during payments. (MTI)
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >MNB: inflation will rise temporarily, but may remain within the three percent range in 2025
Inflation in Hungary will rise temporarily in the coming months,…
Read more >EuroCIS 2025: Serious interest in the retail technology trade fair
Amazon and TikTok recently signed an agreement that will allow…
Read more >Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >