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27th June, 2019

Hungarians comfortable with cash

Some 46% of Hungarians are cash users by habit although they are aware of available electronic payment options, the Association of Electronic Payment Service Providers found in a survey.

Some 30% of Hungarians refuse to use electronic payments because they consider it difficult, and a further 27% believe that it is dangerous.

Another 30% use solutions offered by their banks and 10% avail themselves of payment methods offered by their telecoms service provider.

Two thirds of respondents have internet access at home and use it three hours a day, on average.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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