The value of purchases made in Hungary with domestically issued bank cards rose 22% year-on-year to HUF 1.6986 trillion in Q3. The value of cash withdrawals made with those cards increased 7% to HUF 2.1796 tln during the period.
The number of POS terminals at brick-and-mortar businesses in Hungary grew 1% to 145,600 in one year although dropped 1% from the previous quarter. About 88% of them could accept contactless payment.
The number of businesses accepting payment by bank card online increased 15% in one year to 13,100.
The value of purchases aboard made with domestically issued bank cards jumped 36% to HUF 301.7 billion.
Hungarian financial institutionsʼ revenue from providing payment services came to HUF 151.9 bln in Q3, up nearly 12% from the same period a year earlier. Fixed payments for payment services generated HUF 50.2 bln of total payment services revenue in Q3. Transaction-based revenue came to HUF 26 bln and revenue based on the value of transactions reached HUF 75.7 bln.
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