Fiscal subject related
Additionally, the document specifies that QR codes are used to receive various types of data including the method of payment and discount codes, which facilitates a more efficient transaction process and improves customer service. The regulation mandates that QR codes facilitate the reception of customer invoice requests, which must include the customer’s email address for electronic invoicing. Encryption keys, obtained via QR codes or other means, are essential for securing communications between e-cash registers and the tax authority’s IT system, protecting sensitive data from unauthorized access.
To support these sophisticated functions, e-cash registers must adhere to stringent technical requirements ensuring their capability to manage encrypted data effectively. This ensures that every transaction is not only streamlined but also meets the rigorous data protection standards mandated by Hungarian regulations. The implementation of QR codes and strong encryption measures in e-cash registers represents a significant advancement in the digitalization of financial transactions, aligning with broader national goals to enhance digital security and efficiency. The document further highlights that QR codes must be scanned to validate the integrity of recorded data, ensuring compliance and accuracy in financial reporting.
Other news from Hungary
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EU VAT Validation Tool
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Hungary's deposit return scheme now entering a new phase
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There are new e-cash registers in Hungary for the restaurant sector.
Hungary is set to implement e-cash register solutions tailored for various sectors. In catering establishments, these e-cash registers are exclusively for registering payments for services and handling orders from receipt to payment, with a mandatory consumption summary receipt issued. Read more
New document was uploaded: Overview of fiscalization in European countries
This document contains an overview of the presence of fiscalization and its types in all European countries. Read more
What is the process for customers to get e-receipts in Hungary going to look like?
In Hungary, downloading an e-receipt that will be used based on the new requirements (that will allow the usage of e-receipts as a receipt format) involves a straightforward process leveraging modern solutions. The IT background of the e-receipt has been developed in such a way that the customer will not need any special registration to use it. All he would need is a smartphone and the app downlo... Read more
Understanding Hungary's anti-shrinkflation decree for grocery retailers
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