qvik LINK is the most flexible element of the qvik ecosystem introduced by the Magyar Nemzeti Bank. While a QR code requires physical proximity (or screen) and NFC requires touch, qvik LINK is a simple web link (URL).

When you click on this link on your phone, it automatically opens your mobile banking application, where all data (amount, beneficiary, message) is pre-filled, you just have to approve the transaction.

Who is it recommended for?

This solution bridges the gap between the merchant and the customer, so it is best in situations where the parties are not in the same room.

For merchants and service providers (The seller's side): This is a "Swiss army knife" for them, because it can be inserted anywhere where text can be placed.

• For webshops: An excellent alternative to credit card payments. The customer does not have to type in card details, which increases conversion (fewer abandoned purchases).
• For billers: (For example: accountants, consultants, utility companies.) They can put a qvik LINK behind the "Pay Now" button built into the electronic invoice sent by email, so it takes seconds for the buyer to settle.
• For social media sellers: (For example: Marketplace, Instagram shops.) No need for a complicated payment gateway. The seller simply sends the link via Messenger or Viber, and the buyer pays with one click.
• For those who require instant payment: Since it is based on the Instant Payment System, the money arrives within 5 seconds, so the goods or services can be launched/delivered immediately.