Contactless Smart Cards, RFID, Payment, Transit and Security

Hungary deploys first contactless payment cards

Monday, February 8, 2010

The OTP Bank of Hungary has announced the country’s first rollout of MasterCard PayPass contactless cards, according to realdeal.hu.

OTP, the largest bank in Hungary, plans to issue 15,000 PayPass cards this year, with 350 points of sale available by the end of October.

The cards will be good for contactless purchases of HUF 3,000 ($15) or less at fast food restaurants, cafes, movie theaters and bookstores in Budapest.

Read more here. [end] 

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