Payment methods in Lithuania
Lithuania is home to Revolut's EU headquarters, and Revolut adoption exceeds 1M users — among the highest per-capita rates in Europe.
Market takeaways
- Lithuania is home to Revolut's EU headquarters, and Revolut adoption exceeds 1M users — among the highest per-capita rates in Europe.
- SEPA Instant transfers via major bank apps are the standard non-card payment method for consumers and businesses.
- Paysera is a leading Lithuanian fintech and payment processor, operating across the EU and handling cross-border payments.
- Card penetration is high; contactless payments are widespread at POS terminals.
- Cash use is low and declining; Lithuania is among the more cashless economies in the Baltic region.
Population
~2.8M
Online population
~2.4M
B2C e-commerce
~$1.5B
Banked population
~83%
Credit card population
~40%
E-commerce of total retail
~14%
Payment method breakdown
- Card55%
- Bank Transfer / Instant25%
- E-Wallet (Revolut, Paysera)15%
- Cash4%
- Other1%
Card scheme breakdown
- Visa55%
- Mastercard43%
- American Express1%
- Local Schemes1%
- Other0%
Cross-border e-commerce
Market data coming soon.
Featured payment methods in Lithuania
Popular options based on coverage and prominence in this market.
Bank Transfer (Internet & Mobile Banking)
Generic online and mobile bank-transfer methods (internet banking, e-banking, EFT and interbank transfers). Customers pay directly from their bank account via their bank's own online/mobile banking portal. Implementation and rails differ by country, but the consumer flow is a standard account-to-account bank transfer.
Visa
Visa is the world's largest card network, enabling credit, debit and prepaid card payments online, in-store and at ATMs across virtually every market. In the listed countries Visa is a core internationally accepted scheme alongside local methods.
Mastercard
Mastercard is a leading global card network supporting credit, debit and prepaid card payments online, in-store and at ATMs worldwide. In the listed countries it is a core internationally accepted scheme.
Revolut
Multi-currency neobank whose app, card and "Revolut Pay" checkout button let users pay and transfer money online. Operator: Revolut Ltd / Revolut Bank UAB. Est. users: 52.5M customers (2024).
Paysera
Paysera is a major Lithuanian fintech company founded in 2004, offering a wide range of financial services including an e-money wallet, payment gateway for merchants, SEPA bank transfers, currency exchange, and international money transfers. It operates across the EU and beyond, and is particularly popular among Lithuanian SMEs and e-commerce merchants as a cost-effective alternative to traditional banking. Paysera holds an e-money institution license and processes payments in EUR and multiple currencies.
All payment methods in Lithuania
Discover 5 payment methods from around the world
Featured banks in Lithuania
Major institutions operating in this market.
Danske Bank
Copenhagen, Denmark
Danske Bank is the largest bank in Denmark and one of the leading universal banks in the Nordic region, serving 3 million retail and 500,000 business customers.
Swedbank
Stockholm, Sweden
Swedbank is Sweden's largest bank by customer count and a leading universal bank in the Nordic and Baltic regions.
SEB (Skandinaviska Enskilda Banken)
Stockholm, Sweden
SEB is a Swedish corporate and investment bank with a strong retail franchise in Sweden and the Baltics.
Swedbank Lithuania
Vilnius, Lithuania
Swedbank Lithuania is the largest bank in Lithuania, part of the Nordic Swedbank group.
SEB Lithuania
Vilnius, Lithuania
SEB Lithuania is the Lithuanian arm of the Swedish SEB Group, offering retail and corporate banking.
Luminor Bank Latvia
Riga, Latvia
Luminor Bank is a pan-Baltic bank formed from the merger of Nordea and DNB operations in Estonia, Latvia, and Lithuania.
All banks in Lithuania
Showing 9 of 9 banks