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Wireless

EC questions exclusive mobile payments provider in Hungary

Thursday 10 July 2014 | 15:16 CET | News
The European Commission has extended infringement proceedings against Hungary for setting up a national mobile payments provider. The EC said it asked Hungary to respect EU rules on the freedom of establishment and free provision of services. Pursuant to the Act of 2011 on national mobile payment organisation, the state-owned company National Mobile Payment Ltd was given the exclusive right to operate the national mobile payment system, a platform that service providers will be obliged to use when providing mobile payment intermediation services in connection with some public services (e.g.

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Categories: Mobile & Wireless
Companies: European Commission
Countries: Hungary
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