ADVERTISEMENT

Govt wants to subsidise purchase of POS terminals for small tourism companies

In Hungary

The government wants to subsidise the purchase by small tourism service providers of point-of-purchase terminals that can process payments with the SZEP Card, the main element of a new recreational voucher system, government commissioner for the issue of the cards Laszlo Kortvelyessy said on Monday.

Mr Kortvelyessy said it was a goal of the national economy to provide an incentive for using POS terminals and card payments.

Payments with cards account for just a quarter of all retail purchases in Hungary, well under the 75-80% proportion in Western Europe.

The number of businesses that accept the SZEP Card reached 5,000 last year.

ADVERTISEMENT

Consumer, business confidence reach 2-year high - GKI Analysis

Consumer, business confidence reach 2-year high - GKI

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

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.