Hungarian Banks Renew Call for Tax Easing as Instant Payment Launch Nears
Under the new system, due to launch on March 2 after several months of delays, domestic bank transfers worth up to 10 million forints ($33,050) will be settled within five seconds, seven days a week, as the banks respond to increased competition from fintech providers. Andras Becsei, chairman of the Hungarian Banking Association, said the …
News story posted on 2020-01-22T13:59:00.0000000Z
