The limit for touchless payments without a PIN is raised to fifteen thousand forints

By: Trademagazin editor Date: 2020. 03. 24. 11:40

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)