Hungarians Comfortable With Cash, Says Survey

  • 27 Jun 2019 9:18 AM
  • Hungary Around the Clock
Hungarians Comfortable With Cash, Says Survey
Some 46% of Hungarians are cash users by habit although they are aware of available electronic payment options, the Association of Electronic Payment Service Providers found in a survey.

Some 30% of Hungarians refuse to use electronic payments because they consider it difficult, and a further 27% believe that it is dangerous.

Another 30% use solutions offered by their banks and 10% avail themselves of payment methods offered by their telecoms service provider.

Two thirds of respondents have internet access at home and use it three hours a day, on average.

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

Explore More Reports

  • Community Matters: Best Expat-Friendly Banks In Budapest

    Community Matters: Best Expat-Friendly Banks In Budapest

    • 31 Mar 2020 8:59 AM

    Recently a member of the local expat community asked about good banks in Budapest to open an account and getting a debit card at reasonable fees. Here below are a few of the experiences shared by Xpats in the loop via XpatLoop's group on Facebook.