Denmark’s Nets picked to build instant payment infrastructure in Hungary

Portfolio
Clearing house GIRO Zrt., wholly owned by the National Bank of Hungary (MNB), has selected Nets A/S of Denmark to build the core infrastructure for Hungary’s instant payment system, to be launched on July 1, 2019. The parties signed the contract on Thursday.


' title='
As reported previously, the instant transfer system will allow all transfers to be made within five seconds, 24 hours a day, seven days a week. The original plans called for GIRO to select and contract a supplier for the core infrastructure by the end of last year.
 

More in Business

Váradi József Wizz Air
November 18, 2025 12:53

Light at the end of the tunnel is slowly coming into Wizz Air's view - CEO

József Váradi says it's time to invest in his airline

November 17, 2025 16:05

Magyar Telekom announces lay offs, pay rises

Agreement reached with the trade unions

Radikális újításokkal robbantanának a magyar piacon a biztosítók
November 17, 2025 09:25

The compulsory insurance campaign is in full swing - these insurers are poised for victory

The affected drivers have already received their indexation notices

November 13, 2025 16:58

Aqua closes physical stores in Hungary

Online store remains up and running

November 13, 2025 14:18

Mészáros Lőrinc's company expands into Slovakia

Talentis has acquired the Slovak construction company Doprastav

jászai gellért 4ig1
November 13, 2025 08:37

Hungary's 4iG chief travels to Uzbekistan

Talks cooperation

LATEST NEWS
Charting is displayed using TradingView's technology, a platform, where you can build advanced charts, spot upcoming trends in the stock screener, and find inspiration in multiple trading ideas

Detailed search