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A New Vision for Electronic Payments in Hungary – the Payments 2030 Strategy

Deák, Vivien and Takács, Kristóf (2023) A New Vision for Electronic Payments in Hungary – the Payments 2030 Strategy. FINANCIAL AND ECONOMIC REVIEW, 22 (3). pp. 152-165. ISSN 2415-9271

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Abstract

In this feature article, key elements in the development of payments in Hungary are presented and the challenges ahead are highlighted in light of the changes observed over the past 10 years. The recently published new electronic payments strategy of the Magyar Nemzeti Bank and the 18 indicators in the Payments Development Indicator Set, which is based on a wide range of data at the MNB’s disposal to monitor the achievement of the targets, are presented. The MNB’s main strategic goal for payments by 2030 is to achieve a 60 per cent ratio of electronic transactions in the overall economy, or, with targeted measures, even two thirds.

Item Type: Article
Subjects: H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány
H Social Sciences / társadalomtudományok > HG Finance / pénzügy
SWORD Depositor: MTMT SWORD
Depositing User: Beáta Bavalicsné Kerekes
Date Deposited: 03 Oct 2023 08:52
Last Modified: 03 Oct 2023 08:52
URI: http://real.mtak.hu/id/eprint/175870

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