Erste Bank Hungary has launched a new mobile payment app, MobilePay, developed by Cellum Group.
Launched on 3 March in Hungary, the bank has the option to roll out MobilePay in other Erste countries.
Go deeper with GlobalData
The MobilePay app is available for Erste Bank customers having iOS or Android-based phones. The app allows customers to pay bills, top-up, GPS-based parking, pay highway toll, motorway sticker and to transfer funds.
Erste Bank Hungary retail business deputy CEO, László Harmati, said that by using the service, retail consumers may execute various financial transactions through smartphones, including payment of postal money orders without having to queue, initiate parking payment or topping up pre-paid phones.
Cellum Group founder and chief visionary, Balázs Inotay, said a financial institution needs the highest level of security, and they excel in providing this.
"Bank-grade security is guaranteed by the ‘split secret’ technology developed by Cellum, and has already been used successfully for years with our other solutions," Inotay added.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
