• Home
• Channel: Finance
• Budapest Bank Unveils Contactless Payments

Budapest Bank Unveils Contactless Payments

• 12 Jun 2018 9:29 AM

Budapest Bank is offering contact-less mobile phone payment solutions to its customers from Monday, the state-owned bank has announced.

Clients must have smartphones and a Mastercard or Maestro card. Currently the app is only available for Android systems.

Currently only Gránit Bank, OTP Bank, MKB and K&H Bank offer contact-less smartphone payment solutions in Hungary.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Contactless Mobile Payment Android Budapest Bank

Explore More Reports

Cautious Base Rate Cut by Hungarian Central Bank

• 24 Jul 2024 1:22 PM

Hungarian central bank (NBH) rate-setters cut the base rate by 25 basis points to 6.75%, while lowering both ends of the interest rate corridor to the same extent, at a regular policy meeting.



Banks in Hungary Deny Enhancing Profits During Wartime

• 10 Jul 2024 2:06 PM

The Hungarian Banking Association denied on Tuesday that the bank sector had enhanced profits during wartime, insisting it had been among those suffering the economic uncertainties caused by the war and had endured the burdens of various government measures “in a disciplined and cooperative manner”.



Base Rate Cut Again by Central Bank in Hungary

• 19 Jun 2024 12:07 PM

Hungarian central bank policymakers cut the base rate by 25 basis points to 7.00% at a scheduled meeting of the Monetary Council.



Record Net Profit in Q1 Reported by Banks in Hungary

• 6 Jun 2024 11:14 AM

The unconsolidated net profit of Hungarian banks was up 26% year-on-year to a record Ft 499 billion in the first quarter, largely driven by foreign dividend income and the halving of the extra profit tax, according to data from the MNB.