In July 2019, the instant payment system of Hungary is planned to go live – changing the way Hungarians make payments.
The implementation of the instant payment system is a big step not only for GIRO, but for the entire Hungarian financial system, as well as merchants and customers
The new payment system will have a continous operation (24/7) and will settle all single credit transfers up to the value of HUF 10 million within five seconds.
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