Value proposition

EFISZ members provide electronic payment services to build Hungarian payment ecosystem.

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.
EFISZ is also a cofounder of European Digital Finance Association (EDFA)
Strategic goals of EFISZ:
• To support the improvement of the Hungarian non-cash, electronic payment ecosystem and the development of new service and business models.
• To represent, both in Hungary and internationally, the interests of Hungarian non-cash, electronic payment service providers.
• To jointly represent Hungarian non-cash, electronic payment service providers and their interests before decision makers.
• To provide and coordinate education to the public about the use of non-cash, electronic payment services, and to establish cooperation regarding this task with governmental actors and financial stakeholders.
• To support the marketing and communication of Hungarian non-cash, electronic payment services.
• To develop a role of continuous coordination in relation to the introduction of non-cash, electronic payment services in public administration and services.
• To create the Code of Conduct of Electronic Payment Services, which is of great significance from a consumer protection aspect as well, and to monitor the implementation of the principles set out therein.
• To develop the Mobile Payment Consumer Protection System of Electronic Payment Services, and, related to that, to establish the Ethics Committee of the Electronic Payment Service Providers Association.
• To develop the Electronic Payment Strategy with the involvement of industry operators (government and financial stakeholders).
• To support non-cash payment.


Banking, Fintech, Electronic Payments, Financial Services, Consulting, and Mobile Payments