National mobile payment system turnover reaches HUF 11.2 bln in first year

Tourism

Turnover of Hungaryʼs national mobile payment system reached HUF 11.2 bln in its first year of operation, the CEO of the systemʼs operator, Nemzeti Mobilfizetési, said yesterday. Parking fees generated HUF 7 bln of the turnover and motorway vignettes HUF 4.2 bln, said Mihály Veres.

The system processed 16.8 mln parking fee transactions and 1.1m motorway vignette purchases during the period, he added. Next, Nemzeti Mobilfizetési wants to launch sales of public transport tickets. The system could start in some areas from the autumn already, Veres said.

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

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.