From July 2019, customers of Hungarian banks will be able to make instant credit transfers of up to HUF 10 million and the beneficiaries would be able to use these funds within 5 seconds from the transfer. The use of ‘secondary payment identifiers’ and ‘request for payment’ will also add to the ease and adoption of instant payments by consumers.
To access white papers, case studies and best practices. Please sign up to become a member of bobsguide. If you are already a member please log in.