Contactless now more popular than card payments in Hungary
Contactless payments in Hungary rose from 30% in 2015 to 51% last year, overtaking traditional payment methods for the first time, according to Magyar Nemzeti, the country's central bank. Across the country, 75% of point of sale terminals and almost 63% of cards allow for contactless payment.

Contactless payments accounted for more than half of all transactions made with payment cards in Hungary in 2016, the country’s central bank says. “Whereas in 2015 contactless payments accounted for 30% of payments, in 2016 more than half (51%) of payments were conducted with the new technology,” says Magyar Nemzeti Bank. Nearly 63% of payment cards and more than three quarters of POS terminals now allow contactless payments in Hungary.

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