MNBSecurity & compliance
Trust should be easy to verify.
PastPay is a regulated B2B payment solution supervised by the Hungarian National Bank. Buyers review their payment term and amount before confirming; merchants agree the precise payout, risk and operational terms during onboarding.
Plain-language answer
PastPay combines financial oversight with visible transaction details.
- MNB supervisory authority
- Costs and due dates shown before commitment
- Contract-defined merchant risk coverage
MNB
Allianz Trade
Shown as PastPay’s credit insurance partner on the current company site.
MBH Bank
Shown as a financial partner in PastPay’s public trust material.
How trust works in practice
Clear controls across the transaction.
What each party sees and does is designed to remain understandable from assessment to settlement.
Digital company assessment
PastPay assesses company and transaction information before making an eligible payment term available.
Terms before confirmation
The buyer can review the available limit, payment term, total amount and due date before accepting.
Contract-defined protection
For approved transactions, the exact scope of merchant non-payment risk coverage is defined in the merchant agreement.
Data and privacy information
PastPay publishes its privacy and cookie policies so visitors can understand how personal data and website technologies are handled.
Who does what?
Responsibilities at a glance.
| Buyer | Provides required company information, reviews the offered terms, and pays PastPay by the agreed due date. |
|---|---|
| Merchant | Issues the invoice, fulfils the approved order, and submits the required transaction information. |
| PastPay | Assesses eligibility, pays the merchant according to the agreed process, and manages the buyer’s later payment. |
Legal entity
Péntech Solutions Kft.
- Registered office
- 1126 Budapest, Böszörményi út 13.-15. V/3., Hungary
- Company registration
- 01-09-338535
- EU VAT ID
- HU26674119
- Supervisory authority
- Hungarian National Bank (MNB)
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