OUR GOALS

In VirPAY, we set ourselves the primary goal of removing the oversized billing services from large banks and showing that it can be used much simpler, more comfortably, and delivered in current general practice. Many financial Institutions in the market say that they offer to their customers "flexible", "customer-friendly", "tailor-made" solutions, but in our view, everyday practice is not in line with that. In addition many financial institutions declare „our clients opinions are important to us” We dont just declare it but we endeavour to follow this principal and want our clients to give us feedback and offer their opnions so that we can continuously improve our services.

Our second goal is to create a virtual wallet application based on our account management system, which will enable you to have a Smart App and with a few taps you can view your incoming and outgoing transactions and initiate Banking transactions on your Smart phone. Application development and licensing is in progress, but we're very much counting on you in the concept and Beta-version, and we'd like to include as many suggestions as we can.

ABOUT OUR NETBANK EASILY UNDERSTANDABLE

Our main service channel is the Internet which has the advantage of being open 24/7. We are also planning to open locations in Hungary and have opened our head office in Mosonmagyarovar, Szent Istvan Kiraly ut 49 and soon we will open an office in Budapest.
We are not allowed to collect deposits under the laws governing our liscence and therefore you will not see no interest on your account balances. Thus, the guarantee of the National Deposit Guarantee Fund does not aplly to the balance of your account held with us, but since we are not dealing with lending, your risks are still considerably smaller than those of the banks who lend these deposits to their borrowers.
You can open an account with us in EUR, USD, GBP, CHF and CAD currencies not only in Hungarian Forint, you can transfer abroad and receive money from your foreign partner.
Our banking services provide accounts that function the same way as accounts in large banks.You can recieve your wages to your account and pay your bills from the account also.
Soon we will be offering Debit and prpeaid cards.
We are independent members of Hungarian and international accounting systems (GIRO and SWIFT).

CURRENT AVAILABLE SERVICES

CURRENT AVAILABLE SERVICES

Current account management
Current account management

in HUF, EUR, USD, GBP, CHF and CAD currencies that can be accessed through our VIRPAY.EU netbank. Our account management is available to both retail and corporate clients, both Hungarian and foreign customers.

Cash deposit payments
Cash deposit payments

We opened bank accounts with several Hungarian banks with national branch networks (K&H, CIB, Erste, Sberbank) in order to quickly accept our clients’ cash payments (de facto within a few hours, but maximum within 24 hours) on our accounts.

Cash withdrawal
Cash withdrawal

In the case of individually negotiated business co-operation, these banks may also be able to settle cash payments on a specially created account with individual authorization rights.

Use of a Bank Card Acceptance (POS) systemAs a partner of BORGUN from Iceland and B-Payment Zrt. in Budapest, Verifone and Ingenico bank card acceptance terminals are also available for our customers. For more information on how to apply for a POS terminal, click here

Using Virtual Bank Card Acceptance (VPOS)

As a partner of BORGUN from Iceland and B-Payment Zrt. in Budapest, e-commerce / virtual bank card acceptance solutions are also available on our site to webshops or clients of any profile to whom are important to enable their customers to make card payments on their website.

Insurance brokerage
Insurance brokerage

We would like to offer solutions to all financial needs of our clients or to offer our services on our own behalf or our contracted partner: we have become part of one of the largest independent insurance brokerage companies in the world, they provide the full range of hungarian insurance companies available to our customers through our netbank and branches, helping our customers in choosing the optimal solution.

Credit brokerage
Credit brokerage

As stated in the insurance brokerage, we provide assistance for other banked (primarily credit) products, helping our clients find the optimal market partner.

Vignette purchase

Our company is the partner of National Mobile Payment Ltd. and National Road Freight Provider Zrt. since 2009, and through our website www.vignettehungary.com you can conveniently purchase the vignettes for hungarian motorways from our website, which will be later on directly integrated into our netbank, directly charged to your VirPAY account. Our system has been serving the net banks of MKB and FHB Banks for years and we also served OTP Bank's netbank for 5 years.

Building collateral management

From 2018 is available the building collateral management upon Hungarian Government Regulation nr. 191/2009 as the first payment service provider in Hungary we will integrate with its logically connected account management service, thus facilitating the implementation of the legal obligations of investors. For more information about collateral management visit our website.

Trust asset management
Trust asset management

For our clients, a new legal institution that is rooted in Hungary, trust asset management, is also available through our contracted partner: TrustPartners Bizalmi Vagyonkezelő Kft.

SERVICES COMING SOON

SERVICES COMING SOON

Bank Card Issuance
Bank Card Issuance

We will soon be issuing Virpay prepaid and debit cards. We have signed a deal with a major Hungarian service provider, which will issue invoice-related VISA debit cards with the VirPAY logo within a few months, which will be accepted as all other VISA acceptance cards.

Currency exchange module
Currency exchange module

During the course of 2018, we will be able to access our special foreign exchange module in our netbank, in which we can make foreign exchanges every day of the week every 24 hours.

Money exchange
Money exchange

As an agent of MKB Bank Zrt, soon our money exchange will be available to our customers and to our non-accounted partners in our branches.

E-wallet
E-wallet

Through creating VirPAY's account management system, our basic goal is to have an E-wallet application available on smartphones, which is being developed and will, of course, be available to all our customers.