Payment Card Year Books

Hungary 2020/2021

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  • Regular price £240.00


Payment Organisation

SIA Central Europe (formerly interbank organisation GIRO Bankcard Company (GBC)). 

Domestic Card Brand

None. 

Market Structure

Debit cards account for 86.39% of the payment card base. Rapid growth of card use. 84.99% of all cards are contactless. 

In September 2016, the number of contactless card payments exceeded that of traditional card payments for the first time. 

In 2013, the government implemented a transaction tax, which is also applicable on card payments and cash withdrawals. 

OTP, the former state savings bank, dominates the banking sector and is the largest card issuer. 

Decentralised card business infrastructure with 26 issuers, seven major acquirers, four processors, three major ATM networks and six POS networks. 

Emerging Open Banking ecosystem. Market consolidation.

Notable Market Trends

Contactless cards and POS terminals, HCE NFC pilots, QR-codes, Alipay, mobile banking apps, instant payments, Apple Pay

STATISTICAL KEY FIGURES FOR 2019 PROVIDED IN THIS PROFILE

 UPDATED: tables with card business data 2015-2019; growth rates: Y-o-Y, CAGR
 Population, Cards per Capita, Card Value per Capita
 Debit Cards, Credit/Delayed Debit Cards, Total Cards
 Card payments by number and by value, ATV per card, payments per card/year
 ATMs, POS terminals, ATMs/POS terminals per 1 million capita
 ATM withdrawals by number/by value, ATV per withdrawal, TXs per ATM/month
 POS payments by number/by value, ATV per POS payment, TXs per POS/month
 Internet Use, e-payment mix, B2C e-Commerce by value and growth rate
 Issued Card brands by individual major issuer bank
 Accepted card brands by individual major acquirer
 Drill down into the debit card use and credit cards use details 

PRODUCT INFORMATION

Digital product provided in PDF format. You will receive a download link to a zip file containing your files after checkout. 

VERSION

Version 1.1 - last updated Friday 15th January 2021