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The e-receipt system could be operational in the near future. The term refers to a database that collects all Hungarian consumers’ receipts, invoices, and warranty and guarantee vouchers from their purchases, in a personalized and long-term way. The Hungarian Chamber of Commerce and Industry supports the plans, reports Világgazdaság.
What is it about? The new system is an improved version of the online cash register system: this is where changes may come in, and the range of users may be extended. E-receipt is a new public service that could be available in the near future. The essence of the system was elucidated by the president of the National Tax and Customs Administration in a spring statement to Világgazdaság.
Ferenc Vágujhelyi explained at the time that
essentially, it means that all receipts of consumers’ purchases will be stored in a single digital, personalized collection point.
The resulting database, covering a longer period of time, can then be consulted and searched by the customer at any time and from anywhere. Once the system is in place, there will be no need to collect store slips and receipts, and online versions of warranty and guarantee vouchers will be included in the database, alongside receipts, in an authenticated format. The President added:
from now on, no consumer can be turned away for not having a receipt or a warranty document, nor can they be turned away for having a faded printed or handwritten text.”
According to Vágujhelyi, such a public register would increase the security of customers and boost online transactions for domestic businesses.
Legislators have already started to draft the rules, with the necessary passages for the creation of the system already adopted last autumn. The National Tax and Customs Administration is understood to have been in continuous consultation with developers and relevant market players since March. This suggests that the system could be operational soon. In practice, the process would look like this:
the receipt data from the new e-cashier machines would be sent immediately not only to the administration but also to the customer, using an application downloaded to his or her phone.
As the development progresses, Világgazdaság contacted the president of the Hungarian Chamber of Commerce and Industry to find out how the body views the new system. “The Chamber of Commerce and Industry has two points of view before any major development or transformation,” said László Parragh. The first is a level playing field, i.e. in terms of market and legal conditions,” he noted. Thus, the new set of rules would also cover domestic businesses that do not currently use an online cash register. “On the other hand,” he continued,
the Chamber supports the need to make the Hungarian economy more transparent, and to do this we need to use the opportunities offered by digitalization.”
Via Világgazdaság, Featured photo via Pexels