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CMS Advises OTP Mobile on FinTech Agreement with Raiffeisen

CMS Advises OTP Mobile on FinTech Agreement with Raiffeisen

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CMS has advised OTP Group affiliate OTP Mobile, a Hungarian online payment platform, on a FinTech cooperation agreement with Raiffeisen. 

The agreement between the two banking groups means that OTP Mobile’s SimplePay system, an online QR code-based instant payment system, is now available to Raiffeisen customers. 

CMS’s team included Managing Partner Erika Papp, Partner Dora Petranyi, Senior Counsels Katalin Horvath and Szabolcs Szendro, and Associates Gabor Kutai.

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