HelloPay Fined Over Default Tips

  • 22 Nov 2019 8:24 AM
  • Hungary Around the Clock
HelloPay Fined Over Default Tips
Hungarian Competition Authority has fined HelloPay Ft 20 million because the digital payment provider automatically charged a 10% default tip on all payments made by consumers at events and festivals serviced by HelloPay, GVH announced on Wednesday.

The GVH concluded that the default tip placed unacceptable psychological pressure on consumers.

It added that a default tip limits free consumer decisions, especially at festivals, where there are long queues and lots of noise.

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