What's New in Payments

Hungary’s national bank to launch instant payments through mobile phone numbers

Magyar Nemzeti Bank (MNB)

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, with transactions completed “in a matter of seconds”, has been approved by the country’s Financial Stability Board... More










NFC World

Magyar Telekom launches NFC in Hungary

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... More






NFC World

Hungarian mobile wallets get NFC event ticketing

The Mobiltarca mobile wallet in action

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 and access to sports facilities... More


NFC World

Positive reaction sees Hungarian mobile wallet ready for market

Mobil Tarca

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 Telenor with MasterCard, OTP Bank and SuperShop — to declare the MobilTarca wallet ready for market... More



NFC World

Bookstore Libri pilots NFC service in Hungary

Libri

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 — and 96.4% said they would recommend the service to a friend... More