MNB: Number of issued bank cards drop

In Hungary

The number of bank cards issued in Hungary saw a 1% drop to 8,876,780 last year, with debit cards accounting for 84% and credit cards accounting for 16% of that total, according to data published by the National Bank of Hungary today.

MNB noted that contactless payment cards made up more than 41% of the total.

Domestic payments made using bank cards last year rose by 19%, reaching approximately 335 million transactions, with a total value of HUF 2.322 trillion, rising by 18.6%. The number of cash withdrawals made in Hungary with cards fell by about 9% to 105 mln, while their value rose by 5% to around HUF 6.288 trillion.

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