How Lithuanians Pay – Top Payment Methods You Should Know

If you’re considering doing business in Lithuania, you’ll want to get the payments right. Known as one of Europe’s most digitally advanced markets, the country has a strong focus on fintech and open banking — making online payments fast, secure, and flexible.

With 276 fintech companies and 140 licensed providers, it’s a growing hub for businesses looking for a reliable, future-ready market.

This guide breaks down the most popular payment methods in Lithuania — and how choosing the right mix, including open banking, can improve checkout for your customers and simplify operations for your team.

Top 5 Payment Methods In Lithuania

If you’re launching a business or expanding in Lithuania, it’s important to know how people pay. From debit cards to digital wallets, here’s everything you need to know about Lithuanian payment methods:

Card Payments

Card payments are part of everyday life in the region – especially debit cards, which are far more popular than credit cards. This trend suggests that most shoppers prefer paying directly from their bank account, staying in control of their spending.

Visa and Mastercard are widely accepted, powering 59% of online shopping activity. And with over 447 million card transactions made in 2022 (a steady increase from 2021), it’s clear that cards remain a trusted way to pay — online and in-store.

Why your customers expect card payments — and how you benefit:

• It’s their go-to for everyday spending
• Familiar card brands build trust at checkout
• Accepting cards improves accessibility across channels

Digital Wallets

As mobile usage continues to grow in the country, so does the demand for fast, contactless payment options. Digital wallets are becoming a go-to — with 69% of residents using mobile payment apps and 26% of online shoppers choosing wallets at checkout.

Platforms like Google Pay and Revolut Pay are especially common for smaller, everyday purchases — offering a smooth, secure experience that users trust. Paysera alone processed over €1.1 billion in e-commerce payments in 2023, highlighting just how embedded it is in the local market.

Adding this option to your checkout improves conversion, reduces friction, and signals that your business understands what local users need.

Here’s how digital wallets can support your business:

• Make mobile checkout faster and easier
• Reach younger, mobile-first customers
• Complement card payments for full coverage at checkout

Bank Transfers

While digital wallets and cards are growing fast, bank transfers still play a key role in the country’s payment mix — especially for higher-value or repeat payments. They’re a trusted and familiar choice, supported by the country’s strong internet banking habits — with 94% of account holders using online banking.

Bank transfers are especially useful for B2B payments and high-value transactions. While secure and straightforward, they can take longer to process and sometimes involve manual steps.

Here’s how bank transfers can work for your business:

• Ideal for large or repeat B2B transactions
• A good fit for customers who prefer traditional payment methods
• Reliable when speed is not a top concern

Buy Now, Pay Later

More Lithuanian shoppers are choosing flexibility at checkout — and Buy Now, Pay Later (BNPL) is helping make that possible. Instead of paying the full amount upfront, customers can split the cost into smaller instalments, making higher-priced items feel more accessible.

It’s especially popular in sectors like fashion, electronics, and home goods — where customers often want to buy now and manage payments over time.

ESTO, the leading BNPL provider in Lithuania, lets shoppers split payments over several weeks or months, with clear terms and fast approvals.

What BNPL means for your customers — and your bottom line:

• Easier access to products with staggered payments
• Fewer abandoned carts and more completed sales
• A payment option that puts convenience first

Open Banking

Combine the speed of cards, the trust of bank transfers, and the convenience of digital wallets — without the usual trade-offs — and you get open banking. It’s quickly becoming one of the best payment methods in Lithuania, offering a seamless way to pay and get paid.

Powered by PSD2, Payment Initiation Services (PIS) let customers make instant, secure payments straight from their bank accounts — no need for cards, manual transfers, or extra steps. With widespread internet banking adoption, users are already comfortable with the process.

For businesses, open banking means fewer intermediaries, faster settlement, and lower transaction costs — all while delivering a frictionless experience at checkout.

Why open banking matters for your business:

• Reduces reliance on cards, cutting down processing fees
• Enables instant payment confirmation, improving cash flow
• Delivers a secure, customer-friendly payment option

Instant payments are now part of daily life — used for everything from e-commerce to utility bills. Like its Baltic neighbours, the country is moving fast towards real-time, account-to-account payments. Most local banks have already joined SEPA Instant, and with it set to become the EU-wide standard by 2025, the region is helping shape the future of how Europe pays.

Make Payments Feel Effortless

Lithuanians want speed and ease in payments — but also control. A recent ECB study showed people value limited transaction data, spending reminders, and local language support. They want to know who’s charging them and how much.

Open banking delivers on that, offering more choice and control without locking users into one provider.

Noda connects directly with Lithuania’s top banks like: SEB, Swedbank, Šiaulių bankas, and many others – giving businesses access to 99% of local banking customers. Payments are made account-to-account in real time, without relying on card networks. This reduces costs, speeds up settlement, and gives both you and your customers a better payment experience.

• Instant A2A payments with no card fees, delays, or chargebacks
• Transaction fees as low as 0.1%, with no monthly fees or hidden costs
• Local specialist support from a Lithuanian-speaking account manager
• Fast, flexible integration via API, plugins, or no-code tools
• Real-time data and built-in compliance to support smarter, safer financial operations

Noda helps businesses simplify payments, improve cash flow, and stay in control — all in a secure, compliant setup with access to over 2,000 banks across 28 countries.

Align your payments with what Lithuanian customers expect. See Noda in action.