Qvik, now available for businesses

Qvik is a new, modern payment solution that allows you to pay quickly and easily at merchants using your mobile phone. The system uses NFC, deeplinks, QR codes or, in the case of payment requests, an online payment interface to complete the purchase. To pay, simply select your payment method and then approve the transaction in your own banking app.

The payment request can be an excellent solution for merchants who require customers to provide their bank account number or secondary identifier during the initial registration process. In this case, the payment request is initiated from the merchant's system and is approved by the paying party, thereby completing the transaction. If the transaction is successful, the amount paid will appear in the beneficiary's account balance. It does not matter whether the merchant operates an online marketplace or meets the customer in person, because pre-registration speeds up payment and thus improves the customer experience. This can be beneficial in the case of a permanent contractual relationship, such as the settlement of common costs in a condominium, as you can easily initiate the collection of fees, but you can also take advantage of qvik within the framework of a loyalty program, when paying online or at the cash register.

Customers can now pay via QR, NFC, or deeplink at merchants with physical stores. The merchant enables this on a compatible cash register or POS terminal, which displays the qvik-based payment request based on the customer's preference. For NFC payments, simply bring your mobile device close or scan the QR code that appears. You can then approve the transfer and pay immediately. You can approve this in your mobile banking app using the instant payment function.

More and more merchants are offering their customers solutions available through the qvik payment system. It will soon be widely available, so in addition to numerous domestic retail chains, it will also appear at public utility providers and retail outlets. It is important to note that the service is not available abroad, as it only works between Hungarian bank accounts.

Qvik pays special attention to user data protection and secure transactions. The payment process takes place through encrypted channels, so third parties cannot access user data. For security reasons, all payment transactions must be approved with biometric identification (e.g., fingerprint or facial recognition) or a unique PIN code.

The use of qvik is free of charge for our retail customers, but instant transfers are subject to a fee for our corporate customers.

The fees associated with the service are paid by merchants and are always cheaper than the cost of an average credit card transaction.

Yes, qvik supports refunds, but the process is always regulated by the merchant. If you request a refund, you can initiate it directly at the place of purchase.

The qvik mobile app is available on both Android and iOS. NFC payments require a device that supports this feature, but any mobile device can be used for QR code-based payments.