Visa Card Sees Potential In Hungary, Says CEO Hogg

  • 2 Oct 2019 5:44 AM
  • Hungary Around the Clock
Visa Card Sees Potential In Hungary, Says CEO Hogg
Hungary is a perfect market for growth for Visa, CEO Charlotte Hogg of the credit card company’s European operations told Portfolio in an interview.

There is a comprehensive change in the behaviour of consumers, she observed, with a transition to the mobile and digital world, while the regulatory framework is also changing.

Hungary has advanced regulations especially on client identification and open banking, Hogg remarked.

Cash usage is still high in Hungary but the market is technologically developed, which is promising for growth, she underlined.

  • 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’.

  • HUF 60 Billion Programme for Foreign Investments Launched

    HUF 60 Billion Programme for Foreign Investments Launched

    • 6 Sep 2024 8:54 AM

    The National Capital Holding (NTH), established to create a harmonised framework for state-backed capital financing of local companies, said on Thursday it is launching a HUF 60bn programme to promote Hungarian-owned companies making foreign direct investments, acquisitions and establishing companies abroad.

  • Expat Takes Over as Boss of Hungarian Beer Giant Dreher Breweries

    Expat Takes Over as Boss of Hungarian Beer Giant Dreher Breweries

    • 8 Aug 2024 7:50 AM

    As of August, Dreher Breweries is led by a new managing director from the United Kingdom - a market with a rich history in beer. Mike James has been selected for this position from within the Asahi Europe & International organization, based on his previous successes and extensive career experience.

Enjoy more

business CHANNEL SPONSOR

Share your story

We're interested in your stories, and photos, related to expat life in Hungary. Your contributions, and Press Releases, are invited for review before publication in the loop.