Visa To Leave Hungary

It seems that Visa Europe is preparing its exit strategy for Hungary. The payments giant has sent a letter to the country state secretary at the Economy Ministry detailing its possible exit strategy. The justification for this withdrawal is the decline in interchange fees, which led to a fall in the number of Visa cards in circulation.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Advertisement: Scroll to Continue

    Read the full story here.