Answer ... In 2020, the instant payment system will enter into force, allowing transactions with a value below HUF 10 million to be completed within five seconds, 24/7/365. Along with the database of secondary account identifiers that will be available for account information service providers and payment initiation service providers, transactions may be initiated using phone numbers or email addresses. The introduction of instant payment and secondary account identifiers could boost further innovations in relation to payment solutions.
Once the European crowdfunding platform regulation has been adopted, more transparent crowdfunding solutions might also appear in the market.