Smartphone Transactions Jumped Last Year
The number of smartphone transactions and the traffic related to them increased several times compared to the previous year, according to K&H Bank, writes profitline.hu.
According to the statement, the retail customers of the financial institution conducted 250% more transactions with Google Pay, Apple Pay, Garmin Pay, and Xiaomi Pay compared to a year ago.
Meanwhile, the turnover related to transactions increased by 271%.
They said that more significant growth could be expected in the coming period in the field of payments with smart devices.
ADVERTISEMENT
Hungary Trade Surplus at EUR 308 mln in April
Parl't Approves Amendments to Legislation on Judiciary
Gloster Acquires P92 IT Solutions
Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov...
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.
