Electronic payment options increased in the first quarter


Nicholas Pongratz

Saturday, June 19, 2021, 11:00 am

The number of electronic payment options has increased significantly in the first quarter of 2021, based on the latest payment data published by the Hungarian National Bank (MNB) on its website.

In December 2020, around 123,000 physical and 24,000 Internet acceptance points formed the payment card acceptance network of the domestic payment service providers.

By March 2021, the number of the former had risen to nearly 140,000 while the number of the latter had risen to nearly 26,000, which is very significant growth in three months.

At the end of the first quarter of this year, a total of 212,950 POS terminals were in operation at acceptance points, the MNB announced.


Producing journalism worthy of the name is an expensive business. For 27 years, the editors, editors and reporters of the Budapest Business Journal have strived to bring you business news that works, information you can trust, that is factual, accurate, and presented without fear or favor.

Newspaper companies around the world have struggled to find a business model that will allow them to continue to perform well without compromising their performance. Recently, some have been experimenting with the idea of ​​engaging their key stakeholders, their readers.

We would like to offer our readers this opportunity as well. We’d like to invite you to help us deliver the quality business journalism you need. Click on our Support the BBJ button and you can choose how much and how often to send us your posts.

Leave A Reply

Your email address will not be published.