Tag Archives: Hungary

Bank card purchases in Hungary up 25% in Q2

By | September 18, 2017

The value of purchases made in Hungary with locally issued bank cards rose 25% year-on-year to HUF 1,066 billion in the second quarter of 2017, the National Bank of Hungary (MNB) said in a quarterly report published Friday, cited by state news agency MTI. Card holders made more and higher-value purchases in Hungary with slightly fewer bank cards… Read More »

Seamless Delivers Contactless Payment Solution to a Hungarian Bank

By | August 9, 2017

STOCKHOLM, August 09, 2017 /PRNewswire/ — MeaWallet A/S (“MeaWallet”), part of Seamless Distribution AB, has signed an agreement with a Hungarian bank for delivery of MeaWallet’s proprietary technology for contactless card payments.  The technology will be delivered as a managed service, integrating MeaWallet´s tokenisation platform with the bank’s banking application. The solution will enable the bank’s clients to perform contactless… Read More »