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Credit card acceptance

09/02/2023
The relevant Hungarian regulation states (in simplified terms) that where online cash registers are mandatory, bank card and/or contactless payment options must be provided.

There are several ways to handle this: we can purchase or rent the device, accept payments via a smart device, etc.

Fortunately, there are several options available in Hungary.

First, ask your own bank if they have any favorable offers in this regard.

Second, you need to decide whether you need a POS terminal simply because it is mandatory or because there is a real demand for it.

If you only need it because it is mandatory, then the simplest option is to choose a product from a company that offers basic solutions. The basic functions offered are: contactless bank card acceptance and, depending on the model, chip use with PIN code entry and SMS or email receipt.

Devices with more features typically provide not only SMS receipts, but also paper receipts.

Some devices can be purchased, in which case the company or entrepreneur becomes the owner of the device. 

There are also devices that can be rented, which also become the property of the operator, but typically have to be paid off over a period of one year. With these solutions, the company providing the device acts only as a financial intermediary, which means that there is no need to open a separate account and there are no other costs, but the transaction fee is relatively high (1.75% - 2.05%).Translated with DeepL.com (free version)

There is an option where we receive a POS terminal, there are no repayment installments, and the commission is favorable, but the loyalty period must be completed (3 years), and the operator must provide a valid reason if they wish to terminate the contract.


A lesser-known method that several service providers offer their customers as an additional service is to accept bank card or other NFC-based payments using NFC technology via a smart device.

If you have any questions, please feel free to contact me.

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