OTP signs voucher partnership with 600 businesses
More than 600 businesses have agreed to accept OTP Bank's Széchenyi Recreation Card (SZÉP), a voucher that can be topped up and used at hotels, restaurants and theatres, since the card was launched two months ago, OTP Pénztárszolgáltató CEO Lajos Roth said on Tuesday.
The bank hopes to raise the number of SZÉP partnership agreements to 8,000 by year-end, Roth said. So far, more than a hundred employers have issued 700 of the cards to their employees, he added.
Answering a question, Roth said 10% of the more than 600 businesses that accept the card now are in the capital and the rest are in other cities and towns around the country.
Many Hungarians receive vouchers for things such as food, travel and entertainment, as non-wage compensation from their employers. Employers pay a preferential payroll tax on the vouchers.
ADVERTISEMENT
Economic Development Ministry Responds to Banking Concerns
Parl't Approves Amendments to Legislation on Judiciary
Used Car Imports Over 9,000 in May
New MTÜ Campaign Invites Tourists to Relax at the Waterfront
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.
