Merchants and service providers using online cash registers have less than two months to implement an electronic payment solution mandated by law. Telenor designed its new electronic payment (POS) offer in response to their needs. Due to a partnership established with Fizetési Pont, the fast- and easy-to-deploy solution offers a wide range of benefits including a 2-year exemption from paying a monthly fee, a low transaction fee of 0.95%, and crediting purchase transactions to merchants’ accounts in 24 hours.

One of Hungary’s largest idea contest took place last weekend

The three-day Ideathon 3.0 idea contest featured 12 teams of 70 young innovators developing new ideas to enhance the efficiency of various industries and facets of life. The main prize went to the ReFilament team reusing PET bottles as printing material for 3D printers. Other award-winners included projects to promote proper hydration at school, the digitisation of industrial audit processes and versatile applications leveraging 5G technology. Telenor’s 5G special prize was granted to the FoodArt team matching consumer needs with restaurants’ offering through gastro bloggers.

1.5-fold increase in browser-type Hipernet data traffic