MNB: Hungarians use their bank cards more abroad

Telco

Hungarians seem to be more willing to make bigger purchases using their bank cards when they are travelling abroad as compared to being in Hungary, the National Bank of Hungary’s (MNB) data published today suggest.

MNB found that Hungarians spent approximately HUF 18,000 per transaction when making purchases at brick-and-mortar shops abroad in the first quarter, while in Hungary, the average bank card purchase in shops came to just HUF 6,300 during the same period.

Hungariansʼ cash withdrawals abroad averaged about HUF 62,000, the data show, practically level with the average withdrawal in Hungary.

ADVERTISEMENT

Bourse Turnover Reaches HUF 181 bln in November Figures

Bourse Turnover Reaches HUF 181 bln in November

India's G20 Presidency, Dawn of New Multilateralism - Narend... World

India's G20 Presidency, Dawn of New Multilateralism - Narend...

Production Resumes at Ganz's Szolnok Plant Manufacturing

Production Resumes at Ganz's Szolnok Plant

TikTok Commits to Improved Consumer Communication in Hungary Social

TikTok Commits to Improved Consumer Communication in Hungary

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.