News about the NFC market in Hungary — trials, pilots, tests and live services.
March 17th, 2017
Contactless payments accounted for more than half of all transactions made with payment cards in Hungary in 2016, the country’s central bank says. “Whereas in 2015 contactless payments accounted for 30% of payments, in 2016 more than half (51%) of payments were conducted with the new technology,” says Magyar Nemzeti Bank. Nearly 63% of payment cards and more than three quarters of POS terminals now allow contactless payments in Hungary.
January 6th, 2017
Deutsche Telekom has discontinued its NFC-based MyWallet mobile payment service in Germany, citing a lack of customer use and doubts over whether a SIM-based solution is going to be adopted as a standard in light…
December 21st, 2016
A proposal from Hungary’s central bank Magyar Nemzeti Bank (MNB) for the launch of an instant payments service that will allow consumers to initiate a payment using only the mobile phone number of the recipient,…
October 28th, 2016
Some 7m contactless payments were made at festivals this year using Hungarian company Festipay’s cashless payment service, an increase of a third on the previous year. More than 3m transactions were made at Sziget, the largest music festival in the country, with bankcard transactions making up 300,000 of that total — double the number in 2015.
October 4th, 2016
European consumers can now validate online purchases with their fingerprint or face using Mastercard’s biometric authentication service. Identity Check Mobile is now being rolled out across 12 markets: the UK, Austria, Belgium, Czech Republic, Denmark,…
April 14th, 2016
The number of cashless transactions at Hungarian festivals will reach 7m this year, representing an increase of 27% compared to last year’s 5.5m, research from Festipay predicts. “In 2015, the most frequently visited Hungarian festivals were 90% cashless,” the payment solutions provider says. “This year, Festipay electronic payment solutions will be used at as much as 18 festivals.”
February 24th, 2016
Customers of Hungarian mobile network operator Telenor can now make online and in-app payments using Telenor Wallet and MasterPass. “The introduction of the new feature is unique as Telenor Wallet is the first MNO integrating MasterPass functionality into their wallet,” MasterCard says. “Register a bank card and other data necessary for the transaction once in the Telenor Wallet app and choose the ‘Buy with MasterPass’ option at the end of the shopping experience.”
February 17th, 2016
More than one billion contactless MasterCard and Maestro transactions were processed in Europe in 2015, up 150% on 2014, MasterCard reports. The value of transactions conducted using a contactless card or device increased by 183%….
February 3rd, 2016
Mobile network operator Slovak Telekom, majority owned by Germany’s Deutsche Telekom, is shutting down its MyWallet NFC service on a temporary basis. The move is due to the closure of ClickandBuy, also a Deutsche Telekom…
November 16th, 2015
Vodafone Wallet users in Europe will be able to make payments with their NFC phone using MasterCard cards “within weeks”, the mobile network operator has announced. “Contactless card payments using Vodafone Wallet require a Vodafone NFC SIM and are supported on more than 60 Android smartphones.” Vodafone Wallet launched in September 2013 and is currently live in Spain, Germany, The Netherlands, the UK, Italy and Hungary.
December 10th, 2014
Hungarian carrier Magyar Telekom has launched an NFC service that marks the first commercial deployment of Cipurse, an open ticketing standard developed by the OSPT Alliance. The carrier’s NFC SIMs are supplied by Giesecke & Devrient and support NFC payments and the SuperShop loyalty card as well as transportation ticketing.
November 27th, 2014
Magyar Telekom, a subsidiary of Deutsche Telekom and a member of the Hungarian Mobile Wallet Association, has launched the MobilTarca NFC mobile wallet in Hungary after a successful pilot that began in July last year. The solution incorporates payments, loyalty cards and event ticketing services and will be available on more than 30 NFC devices by the end of 2014.
July 7th, 2014
Participants in The Hungarian Mobile Wallet Association’s MobilTarca NFC pilot made 41,000 payments valued at more than 120 million HUF (US$525,000) during the first 12 months of the trial, the association has revealed. Users also…
May 19th, 2014
May 12th, 2014
Hungary’s OTP Bank has launched a mobile wallet that allows consumers to pay in stores by scanning a QR code placed next to the cash register. The new OTPay service can also be used to…
May 7th, 2014
Deutsche Telekom has launched MyWallet, an NFC service that allows customers with any of 18 supported Samsung and Sony Android NFC devices to make payments at MasterCard PayPass merchants. The service is live in Germany…
February 7th, 2014
The NFC mobile wallet being tested by Hungarian carriers Magyar Telekom, Vodafone and Telenor with MasterCard, OTP Bank and loyalty scheme operator SuperShop is expanding its range of services to include ticketing for live events…
November 27th, 2013
Eight out of ten testers of the Hungarian mobile wallet pilot project have found the service “very useful” prompting the Hungarian Mobile Wallet Association — an alliance between mobile network operators Magyar Telekom, Vodafone and…
July 9th, 2013
The Hungarian Mobile Wallet Association, an alliance between mobile network operators Magyar Telekom, Vodafone and Telenor with MasterCard, OTP Bank and SuperShop, is launching a pilot to test a new NFC mobile payment solution in…
June 13th, 2013
An NFC mobile shopping application developed by mobile financial services provider SafePay Systems has achieved an overall satisfaction rate of 90% with shoppers who used the service during a pilot at Hungarian bookstore chain Libri…