The National Mobile Payment System

The 100% state-owned National Mobile Payment Plc. (hereinafter referred to as NM Plc. or the Company) was established in 2014 to provide digital cashless services under the terms and conditions set out in the 2011 CC Act on National Mobile Payments and the implementing Government Decree 356/2012 (XII.13.). In the course of its activities, the National Mobile Payment Plc. ensures the payment of public parking in Hungary by means of a nationwide uniform mobile payment, the purchase of Hungarian motorway tolls on mobile phones, the redemption of local and interurban tickets and passes for public transport. On 15 December 2020, the Parliament adopted Act CXLV of 2020 on the "Unified Electronic Sale of Certain Public Services", which entered into force on 1 January 2021 and repealed the previous Act CC of 2011 on the National Mobile Payment System ("Nmftv."). Act CXLV of 2020 provides for the operation of the national unified electronic sales platform under a new concession system on the basis of a concession contract between the winner of the public concession tender and the Hungarian State. The operation of the unified system will continue to be carried out by the National Mobile Payments Plc. under the same conditions, as designated by law, until the date of commencement of the provision of services as defined in the concession contract.

The innovative, cash-saving solutions offered by NMFR go beyond paying for mobile parking and highway vignettes; the range of services is constantly expanding - all in line with the 21st century technological developments, the ever-changing social environment and related user needs and expectations. The National Mobile Payment System provides a nationwide mobile payment solution.