Traveling abroad, Hungarians pay more with bank cards
Hungarians made HUF 225.6 billion of purchases with their bank cards abroad last year, up more than 20% from a year earlier, business daily Világgazdaság said on Tuesday, citing data from the National Bank of Hungary (MNB).
The number of the purchases rose 27.4% to 14.5 million.
Hungarians made 1.4 million cash withdrawals with their bank cards abroad, taking out a combined HUF 64.3 billion. The number of transactions was up 10%, while the amount withdrawn climbed 17.4%.
An earlier survey by MasterCard shows 85% of Hungarians traveling abroad exchange money before traveling abroad.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.