ADVERTISEMENT

Decree details fees for national mobile payment system

In Hungary

A decree published in the fresh issue of official gazette Magyar Közlöny details the fees for a national mobile payment system for parking fees, motorway vignettes and public transport tickets. The government recently approved the regulatory framework for the establishment of a state monopoly on mobile payments. Legislation allowing the establishment of a uniform National Mobile Payment System operated exclusively by a state-owned company was approved by Parliament late last year but did not come into force until May 1, 2012. The government said earlier fees charged for mobile payments would be HUF 50-100, depending on the service. According to the decree, the fee for mobile payments for parking will be set at HUF 50 per transaction. The fee for buying motorway vignettes will be HUF 80 per transaction and the fee for buying public transport tickets will be HUF 50. Fees for other services will be set at HUF 100 per transaction.

Community Project Promoting Solar Energy Starts in Budapest Energy Trade

Community Project Promoting Solar Energy Starts in Budapest

Viktor Orbán Visits Donald Trump in Florida Int’l Relations

Viktor Orbán Visits Donald Trump in Florida

Hungarian Unis Advance in QS Ranking Science

Hungarian Unis Advance in QS Ranking

White Party at The Duchess Coming This Weekend Drinks

White Party at The Duchess Coming This Weekend

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.