MNB: Number of issued bank cards drop
The number of bank cards issued in Hungary saw a 1% drop to 8,876,780 last year, with debit cards accounting for 84% and credit cards accounting for 16% of that total, according to data published by the National Bank of Hungary today.
MNB noted that contactless payment cards made up more than 41% of the total.
Domestic payments made using bank cards last year rose by 19%, reaching approximately 335 million transactions, with a total value of HUF 2.322 trillion, rising by 18.6%. The number of cash withdrawals made in Hungary with cards fell by about 9% to 105 mln, while their value rose by 5% to around HUF 6.288 trillion.
Hungary Gasoline Prices 3% Over Regional Avg
Hungary to Address Future of Cohesion Policy During EU Presi...
Cordia’s Marina City Project Begins
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
