In 2016, the Hungarian economy continued its positive performance. The growing economy and the perceivable rise in real income levels helped to further strengthen consumer confidence. Modern technology is rapidly spreading in Hungary, and more consumers are becoming used to convenient electronic payment solutions. The acceptance network and the number of POS terminals are expanding. Debit card transaction fees are low or waived by the bank for private customers and more companies are transferrin...
Euromonitor International’s Financial Cards and Payments in Hungary report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Financial Cards in Circulation, M-Commerce, Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Financial Cards and Payments market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
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28 pages •
By Euromonitor International
• Nov 2016
Due to the expansion of the Hungarian economy, businesses were able to spend more on employee benefits through the popular Széchenyi Leisure Card, which continued to drive the growth of open loop pre-paid cards in 2016. Open loop pre-paid cards posted dynamic growth rates in 2016 of 12% in terms of current value and 21% in number of transactions....