We shape together the future of financial technology
Hungary may be the country in Central Eastern Europe which is actively involved in shaping the future of financial technology.
Organisation
The Association
The Electronic Payment Service Providers Association (EFISZ), a socio-professional organisation of companies operating in Hungary that provide non-cash, electronic payment services, is a non-governmental, autonomous organisation for communicating and representing interests and promoting consultation, established by the founding members in accordance with the provisions of section 3:63 of Act V of 2013 on the Civil Code and of section 4 of Act CLXXV of 2011 on the Operation and Support of Civil Organizations (Civil Act).
EFISZ president
Mihály Veres
Hungary may be the country in Central Eastern Europe which is actively involved in shaping the future of financial technology.
Digitization has a key role to play in this process, and developing non-cash, electronic payment services is a part of that. As electronic payment is gradually becoming more widespread, the interoperability of payment channels is becoming more and more important.
We hope that EFISZ will provide effective support and information to the public and service providers in order to make knowledge of the electronicization of financial services a natural part of everyday life.
Committed to development
Strategic goals
Development of the electronic payment ecosystem
Supporting the development of the Hungarian cash-saving electronic payment ecosystem that points towards sustainability, and the development of new service and business models.
Fostering cooperation
Facilitation and improvement of domestic and international professional cooperation in the electronic payment value chain.
Strategic environment analysis
Continuous analysis of the strategic environment, actualities and trends of the electronic payments with the involvement of industry operators (government and financial stakeholders).
Consumer protection
Protecting users of electronic payment services and supporting service providers in developing consumer-friendly electronic payment services.
Innovation
Supporting the creation of innovative, cashless payment solutions and new service value chains.
Competitiveness Enhancement
Supporting the competitiveness of the domestic electronic payment market.
Partners
EFISZ Members
EFISZ in Brussels: The Hungarian Payment Model at the Centre of the European Policy Dialogue
The Electronic Payment Service Providers’ Association (EFISZ) held professional consultations in Brussels on 12–13 January with several Directorates-General of the European Commission.
EFISZ Household Survey: The Key to qvik’s Success Lies in Building Ecosystems
The nationwide household market research conducted by the Electronic Payment Service Providers Association (EFISZ) clearly shows: the technological and user foundations of the qvik payment solution are strong, and further growth primarily depends on industry collaborations and joint market development.
EFISZ–Central Bank of Hungary: Hungary jointly represented the Digital Payments Sector at the “Bridging Borders” European Workshop
Electronic Payment Service Providers Association (EFISZ) and Central Bank of Hungary jointly represented Hungary at one of the most important […]
EFISZ Participates in EU 28th Regime Consultation – Hungarian Proposal Included
EFISZ is actively participating in the consultation initiated by the European Commission on the 28th Regime, which aims to establish […]
EDFA leadership meets in Budapest
The meeting of the leaders of the European Digital Finance Association (EDFA) took place in Budapest on 10–11 September 2025, […]
Hungarian success on the European digital finance stage –DÁVIDHÁZY Gábor again elected EDFA board member
The European Digital Finance Association (EDFA), comprising 19 professional associations, held its general meeting on 2 April 2025 in Vilnius, […]
Mihály Veres Re-Elected as President of EFISZ
The Board of EFISZ has re-elected Mihály Veres for another three-year term as President of the Electronic Payment Service Providers […]
Hungary at the Forefront of the Development of the Instant Payment World – The EFISZ association organized an international workshop in London
On 16 October 2024, the Electronic Payment Service Providers Association (EFISZ) and the Embassy of Hungary in London held a […]
Team members
