The Budapest Bank has begun operating a Unix-based on-line Eurocard-MasterCard authorisation system according to a report from MTI, the Hungarian news agency. The computer centre was supplied by IFS International Inc of New York with software developed by French firm Sciteria SA. Compagnie des Machines Bull SA supplied the bank with 80 automatic teller machines for the project. The total cost of the system including the automatic teller machines and point of sale network amounted to 300m Hungarian forints – approximately $3.4m. Budapest Bank is budgeting to recoup its investment in the system within five years and aims to offer Eurocard-MasterCard services to Hungarian forint account holders.
