Fifty-one percent of Lithuanians use their bank card more frequently than cash to pay for goods and services, a survey commissioned by Swedbank has found.
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Sonect, a Swiss-based fintech platform that allows its users to withdraw cash without a physical ATM, has received an electronic money institution license from the Bank of Lithuania.
Many Lithuanians are still keeping large amounts of money at home rather than lodging it in a bank, according to a new survey.
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