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Pay by Bank (HU)
Pay by Bank in Hungary allows consumers and businesses to make direct account-to-account payments using local banking infrastructure. It can support e-commerce, invoices, subscriptions and digital services. For international companies, Pay by Bank provides a trusted local payment method for customers who prefer bank authorization over card checkout.
Method
Pay by Bank (HU)
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Bank Transfer
Local Card Scheme
Users
n/a
Disbursements
No
No
Chargebacks
No
Authorization currency
HUF
Authorization
speed
speed
Istant
Recurring
N/A
N/A
