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Lithuania’s Payments Market Strategy 2030: innovation, resilience, and consumer protection

City of Vilnius
Photo: Sean Gallup/Getty Images
Vasilka Lalevska profile image

Vasilka Lalevska

2 min read

Actions in the strategy are geared toward all market participants including banks, credit unions, and fintech companies.

From joining the eurozone in 2015, to entering the Single Euro Payments Area (SEPA) in 2016, and opening the ecosystem to innovative fintech companies in the last couple of years, Lithuania has capitalized from its major transformations.

Today, contactless payments, e-invoicing, and opening bank accounts remotely have grown to become the norm

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