Global

Hungarian national m-payment system struck down by EU court

“The EU Court of Justice has struck down Hungary’s national mobile payments system, saying the monopoly violates the EU’s Services Directive. The European Commission brought the case against the country. The company Nemzeti Mobilfizetesi operates the national mobile payment system since 2014, and use of its services is mandatory for mobile payments of public parking charges, road tolls, public transport and any other fees for services offered by a state body. The providers of those services are, in principle, bound to ensure customer access to their services over the national mobile payment system.”