Lithuania is a country with a rapidly digitalizing payment landscape, with a strong preference for debit cards and contactless payments. Cash usage is declining, particularly among younger generations. Lithuania shows a payment system transitioning towards digitalization, though cash continues to be significant. Credit and debit cards (Visa and Mastercard) are increasingly accepted, especially in urban areas and larger establishments. Contactless payments are gaining traction but haven’t reached universal adoption. Online banking is popular, and bank transfers are routinely used. Cash remains prevalent, especially in smaller businesses and among older demographics. Mobile payment solutions are gradually expanding their reach but face some challenges in broadening their adoption due to factors like digital literacy and infrastructure limitations in certain regions.
Estimated Population
2.8 million
Currency
Euro (€)
All supported payment methods for Lithuania:
SEPA Direct Debit, SEPA Credit, Apple Pay, Google Pay, PayPal, Trustly, Invoice Payment, Prepayment, Visa, Mastercard, American Express, JCB, UnionPay International, Discover, Diners Club, Maestro