Hungary is a landlocked country in Central Europe. It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Ukraine, and Romania to the east, Serbia, and Croatia to the south, Slovenia to the southwest and Austria to the west. Link to external site : Website for Hungary |  |
| Wallets | |
| Development | Advanced Emerging |
| Send or Receive |
Receive Register/Log In |
| GDP ($m) |
138,429.12 Register/Log In |
| HDI classification | High |
| Mobile Connections (m) |
11.036 Upgrade to Bronze |
| Currency | HUF |
| Class | |
| CountryISO | HU |
| Sovereignity | Country |
| Territory of | - NA - |
{"type":"GeoChart","data":[["Country","Population(m)","Rank"],["HU",10.056,77]],"options":{"title":"Countries","region":"HU","displayMode":"regions","colorAxis":{"minValue":0,"maxValue":1500,"colors":["yellow","green","red"]}}}
{"type":"PieChart","data":[["Operator","Connections"],["T-Mobile (Deutsche Telekom)",4843440],["Telenor",3458748],["Vodafone",2733811]],"options":{"title":"Connections","is3D":true}}
{"type":"ColumnChart","data":[["Year","Connections"],["Q4 2000",2995642],["Q4 2001",4929254],["Q4 2002",6859088],["Q4 2003",7977058],["Q4 2004",8536958],["Q4 2005",9139064],["Q4 2006",9718000],["Q4 2007",10534000],["Q4 2008",11525825],["Q4 2009",11223358],["Q4 2010",11446041],["Q4 2011",11716423],["Q4 2012",11945705],["Q4 2013",12133630],["Q4 2014",12289984]],"options":{"title":"Connections"}}
| Channel Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["ATM",1],["Mobile",2]],"options":{"title":"Initiatives ( 2 of 2 )"}} |
| COT Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Bank",2],["MNO",2],["Scheme",1]],"options":{"title":"Initiatives ( 2 of 2 )"}} |
| Persona Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["MP",1],["MW",1]],"options":{"title":"Initiatives ( 2 of 2 )"}} |
| Products |
{"type":"ColumnChart","data":[["Category","Initiatives"],["AT",1],["BP",1],["Card",1],["MP",2],["NFC",2],["OP",1]],"options":{"title":"Initiatives ( 2 of 2 )"}} |
| PI Analysis |
{"type":"ColumnChart","data":[["Category","Initiatives"],["Card",1],["NFC",1]],"options":{"title":"Initiatives ( 2 of 2 )"}} |
| Central Bank | |
| Key Regulations | |
| Type of law |
Civil Upgrade to Bronze |
| Legal System |
Civil legal system influenced by the German model Upgrade to Bronze |
| Law is based on |
Based on codified Roman law, with elements of the Napoleonic civil code Upgrade to Bronze |
| Approach |
Ex Ante Upgrade to Bronze |
| Sectors active in Digital Money | |
| Exclusivity | |
| Certainty | |
| Openness | |
| Proportionate? | |
| Allowed Models |
NB Led Upgrade to Bronze |
| DominantModel |
| E-Money | |
| Payment | |
| Agent | |
| Money Transfer | |
| Taxation |
{"type":"Gauge","data":[["Label","Value"],["Mobile Penetration",113.49],["Banked",66],["Internet",42],["Urban",67],["Adult",85],["Literate",98.8938]],"options":{"scaleHeight":0.5,"min":0,"max":100,"redFrom":76,"redTo":100,"yellowFrom":26,"yellowTo":74}}
| Population m | 10.06 |
| Adult % | 85.00 |
| Migrants % |
3.00 Register/Log In |
| Stock Immigrants ('000) |
368.10 Upgrade to Bronze |
| Emigration Rate % | |
| Internal Migrants ('000) | |
| Internal Migration Rate % | |
| Intl Movement Rate % | |
| Urban % | 67.00 |
| Female % | 56.10 |
| Literate % | 98.89 |
| Annual Growth % |
-1.00 Upgrade to Bronze |
| Mobile Penetration % | 113.49 |
| Banked % | 66.00 |
| Access to FS % | 0.00 |
| Internet % | 42.00 |
| Branches per 100k adults | 37.71 |
| ATMs per 100k adults | 54.24 |
| POS per 100k adults | 584.69 |
| Prepaid % | 59.20 |
| Prepaid SIM Registration | |
| MobileUnbanked (m) | 3.42 |
| Monthly ARPU |
20.33 Upgrade to Bronze |
| Cards 2010 ('000) | |
| Propensity % |
| Overall | |
| Population | |
| On Remittance Sent | |
| On Remittance Received | |
| Mobile Unbanked | |
| Migrant % | |
| MP % | |
| Banked % | |
| Development |
| Can Provide Payments? | |
| Can Market under Brand? | |
| Can issue E-Money? | |
| Can Open Customer Account? | |
| Can Own Customer? | |
| Can do Cash In/Cash Out? | |
| Can offer Domestic Money Transfer? | |
| Can offer International Money Transfer? |
| Importance for Digital Money | |
| Digital Money Adoption |
Mobile Payment Upgrade to Bronze |
| Registered Wallet Users | |
| Top Wallets | |
| Informal Market | |
| Cost To Remit | |
| Key Players |