The price of such bank cards with chip and RFID ranges at a higher level compared to normal bank cards because of radiofrequency identifiers. In the case of premium bank cards, the additional costs caused by RFID is rather low compared to the annual card fee so the introduction is expected in this product range at first.

From the clients' point of view, the RFID chips integrated into bank cards enable the following applications:

• electronic wallet which helps to pay for smaller amounts (under HUF 5,000-10,000 on average) or cash can be withdrawn from ATMs,
• parking card which helps to park free of charge or in a preferential parking space,
• in the area of the bank (or any other area with the appropriate infrastructure), the client can safely use the NetBank services at computer terminals as they may indentify themselves with the card electronically as the bank's client,
• the cards may be appropriate for electronic signature due to the adjustable security level of RFID identifiers,
• they ensure fast and simple payment type in the case of self-service, non-stop open petrol stations which are expected to spread in Hungary according to international trends.

After the American and Asian introduction, the PayPass contactless payment system established by MasterCard was introduced in Turkey in 2007 for the first time in Europe, but this year several countries are expected to join including the United Kingdom. To promote the interoperability between the standards, the terminals using PayPass identifiers handle the PayWave cards developed by Visa as well.

The EMVCo standard company in Brussels works out the contactless payment standards and keeps them up-to-date in accordance with the EMV standards (http://www.emvco.com).