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Visa POS transactions in Hungary rise 23%

Point-of-sale (POS) transactions made with Visa cards in Hungary rose 22.9% to 54 million in Visa Europe's business year ended September 30, the card issuer said.

The amount of money spent on POS purchases and the value of cash withdrawals with Visa cards rose 26% in the 2007/2008 business year, Visa Europe said, without revealing an absolute figure.

There are 2.7 million Visa cards in circulation in Hungary. (MTI – Econews)