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
Consumption could recover in 2025
At the end of August the Equilibrium Institute published its…
Read more >The share of EU retail spending continues to fall: report from GfK
According to the latest study by GfK, the proportion of…
Read more >Thousands of sales assistants will be missing from the German retail sector by 2027
The German food retail sector will be facing a massive…
Read more >Related news
It is worth choosing domestic poultry for St. Martin’s Day
This year too, goose steak cannot be missing from the…
Read more >Before St. Martin’s Day: can we expect an increase in prices for geese and ducks?
On November 11, St. Martin’s Day, it is customary to…
Read more >Extraordinary consumer protection inspections are being launched at food courier companies
The Ministry of National Economy, which is responsible for consumer…
Read more >