K&H Bank and Mastercard have extended their exclusive strategic partnership, agreeing to continue collaborative work through 2030. The renewed agreement focuses on advancing Hungary’s digital payment solutions, strengthening cybersecurity, and introducing new technologies that leverage artificial intelligence.
Usage figures and services
According to the announcement, nearly 1.1 million customers use the digital and cybersecurity solutions provided under the partnership. More than 750,000 customers actively use the bank's mobile banking services, and approximately 500,000 bank cards have been digitized into various mobile wallets.
AI-based payments and Agent Pay
A key element of the renewed agreement is development of the next generation of AI-based payments. The technological foundation for this work is the Agent Pay solution; the partners reported that the first Agent Pay transaction has already succeeded in a closed test environment.
Future development priorities
The companies say future developments will align technological innovations with real user needs. In addition to creating faster, more convenient and more secure payment systems, they plan to emphasize personalized banking services and programs aimed at improving customers' financial awareness.
Note
An AI assistant participated in preparing this article; the final content was edited and verified by the reporting journalist.
