Template-Type: ReDIF-Article 1.0

Author-Name: Vivien Deak
Author-Workplace-Name: Magyar Nemzeti Bank
Author-Email: deakv@mnb.hu
Author-Person: 

Author-Name: Kristof Takacs
Author-Workplace-Name: Magyar Nemzeti Bank
Author-Email: takacsk@mnb.hu
Author-Person: 

Title: A New Vision for Electronic Payments in Hungary - the Payments 2030 Strategy

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.

Classification-JEL: 
Keywords: 
Pages: 152-165
Volume: 22
Issue: 3
Year: 2023
File-URL: https://hitelintezetiszemle.mnb.hu/letoltes/fer-22-3-fa1-deak-takacs.pdf
File-Format: Application/pdf
Handle: RePEc:mnb:finrev:v:22:y:2023:i:3:p:152-165