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Value of payments with cards with a debit function in Hungary 2012-2019

This statistic displays the development in the value of payments made with a card that have a debit function in Hungary from 2012 to 2019 in trillion Hungarian forints. The value of payments with a card with a debit function increased year on year during the period observed. In 2012, the value of payments amounted to approximately 1.72 trillion Hungarian forints, by 2019 this had increased to 6.7 trillion Hungarian forints, an increase of 4.98 trillion Hungarian forints.

Total value of payments made with cards that have a debit function in Hungary from 2012 to 2019

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Source

Release date

September 2020

Region

Hungary

Survey time period

2012 to 2019

Supplementary notes

Cards issued by resident payment service providers (PSPs).

The source added the following information "A card enabling cardholders to have their purchases directly and immediately charged to their accounts, whether held with the card issuer or not. A card with a debit function may be linked to an account offering overdraft facilities as an additional feature. The number of cards with a debit function refers to the total number of cards in circulation and not to the number of accounts to which the cards are linked. The distinguishing feature of a card with a debit function, in contrast to a card with a credit function or a delayed debit function, is the contractual agreement to charge purchases directly to funds on the cardholder’s current account."

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