| Product Code: ETC4380620 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Hungary Mobile Money market is gaining traction as mobile payment and digital wallet solutions proliferate, offering consumers convenient and secure alternatives to traditional banking services. Mobile money platforms enable transactions, bill payments, and peer-to-peer transfers via mobile devices, driving financial inclusion and digital commerce.
The rise of mobile banking, digital payments, and e-wallets is driving the mobile money market in Hungary, enabling convenient and secure financial transactions, peer-to-peer transfers, and access to banking services through mobile devices.
In Hungary, the Mobile Money market encounters challenges related to regulatory compliance, consumer trust, and interoperability. Building a robust ecosystem of mobile payment solutions requires collaboration between financial institutions, mobile operators, and regulatory bodies to address security concerns and ensure widespread adoption. Moreover, educating consumers about the benefits and risks of mobile money services remains a persistent challenge amidst competing payment options and traditional banking practices.
The Hungary government has enacted policies to regulate and promote the mobile money market, aiming to enhance financial inclusion and innovation. These policies include licensing requirements and regulatory oversight to ensure the integrity, security, and stability of mobile payment systems and services. Regulatory measures also address consumer protection, transparency, and anti-money laundering compliance to maintain trust and confidence in mobile money transactions. Additionally, the government supports initiatives to expand mobile banking infrastructure, promote digital literacy, and empower underserved communities with access to affordable and convenient financial services.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Mobile Money Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Mobile Money Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Mobile Money Market - Industry Life Cycle |
3.4 Hungary Mobile Money Market - Porter's Five Forces |
3.5 Hungary Mobile Money Market Revenues & Volume Share, By Transaction mode, 2021 & 2031F |
3.6 Hungary Mobile Money Market Revenues & Volume Share, By Nature of Payment, 2021 & 2031F |
3.7 Hungary Mobile Money Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Hungary Mobile Money Market Revenues & Volume Share, By Type of Payments, 2021 & 2031F |
4 Hungary Mobile Money Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing smartphone penetration in Hungary |
4.2.2 Government initiatives promoting cashless transactions |
4.2.3 Growing demand for convenient and secure payment methods |
4.3 Market Restraints |
4.3.1 Lack of awareness and trust in mobile money services |
4.3.2 Limited merchant acceptance of mobile payments |
4.3.3 Regulatory challenges and compliance issues |
5 Hungary Mobile Money Market Trends |
6 Hungary Mobile Money Market, By Types |
6.1 Hungary Mobile Money Market, By Transaction mode |
6.1.1 Overview and Analysis |
6.1.2 Hungary Mobile Money Market Revenues & Volume, By Transaction mode, 2021-2031F |
6.1.3 Hungary Mobile Money Market Revenues & Volume, By Point of Sale (PoS), 2021-2031F |
6.1.4 Hungary Mobile Money Market Revenues & Volume, By Mobile Apps, 2021-2031F |
6.1.5 Hungary Mobile Money Market Revenues & Volume, By QR codes, 2021-2031F |
6.2 Hungary Mobile Money Market, By Nature of Payment |
6.2.1 Overview and Analysis |
6.2.2 Hungary Mobile Money Market Revenues & Volume, By Person to Person (P2P), 2021-2031F |
6.2.3 Hungary Mobile Money Market Revenues & Volume, By Person to Business (P2B), 2021-2031F |
6.2.4 Hungary Mobile Money Market Revenues & Volume, By Business to Person (B2P), 2021-2031F |
6.2.5 Hungary Mobile Money Market Revenues & Volume, By Business to Business (B2B), 2021-2031F |
6.3 Hungary Mobile Money Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Hungary Mobile Money Market Revenues & Volume, By Money transfers, 2021-2031F |
6.3.3 Hungary Mobile Money Market Revenues & Volume, By Bill Payments, 2021-2031F |
6.3.4 Hungary Mobile Money Market Revenues & Volume, By Airtime Transfer and Top-Ups, 2021-2031F |
6.3.5 Hungary Mobile Money Market Revenues & Volume, By Travel and Ticketing, 2021-2031F |
6.3.6 Hungary Mobile Money Market Revenues & Volume, By Merchandise and Coupons, 2021-2031F |
6.4 Hungary Mobile Money Market, By Type of Payments |
6.4.1 Overview and Analysis |
6.4.2 Hungary Mobile Money Market Revenues & Volume, By Remote Payments, 2021-2031F |
6.4.3 Hungary Mobile Money Market Revenues & Volume, By Proximity Payments, 2021-2031F |
7 Hungary Mobile Money Market Import-Export Trade Statistics |
7.1 Hungary Mobile Money Market Export to Major Countries |
7.2 Hungary Mobile Money Market Imports from Major Countries |
8 Hungary Mobile Money Market Key Performance Indicators |
8.1 Average transaction value in mobile money market |
8.2 Number of active mobile money users in Hungary |
8.3 Percentage of transactions conducted through mobile money compared to total transactions in the country |
9 Hungary Mobile Money Market - Opportunity Assessment |
9.1 Hungary Mobile Money Market Opportunity Assessment, By Transaction mode, 2021 & 2031F |
9.2 Hungary Mobile Money Market Opportunity Assessment, By Nature of Payment, 2021 & 2031F |
9.3 Hungary Mobile Money Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Hungary Mobile Money Market Opportunity Assessment, By Type of Payments, 2021 & 2031F |
10 Hungary Mobile Money Market - Competitive Landscape |
10.1 Hungary Mobile Money Market Revenue Share, By Companies, 2024 |
10.2 Hungary Mobile Money Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |