Top payment methods in Lithuania: A guide on best ways to pay
Wondering what the most popular ways to pay are in Lithuania? Explore the top payment options and choose wisely.
Lithuania, with a population of around 2.89 million people, has a GDP of approximately 89.19 billion making it the 78th largest economy in the world. The official currency of Lithuania is the Euro (EUR)
The economy is driven by services, manufacturing (furniture, machinery), and information technology. As a member of the European Union and the Eurozone, it is integrated with the EU market and has strong trade ties with Latvia, Poland, and Germany.
| Country | Lithuania |
|---|---|
| Population | 2.89 million |
| GDP (USD) | 89.19 billion |
| Global Ranking | 78th |
| Currency | Euro (EUR) |
Spend abroad with the mid-market exchange rate - no markups, and no sneaky transaction fees.
What is the main payment method in Lithuania?
The most popular payment method for both online and offline retail in Lithuania is the debit or credit card. For e-commerce transactions, "bank links," which allow for direct payment authorization through a user's online bank, are a very common and trusted method. While its use is declining, physical cash in Euros is still used for small transactions and at local markets.
How to pay in Lithuania
Each country has its own way of moving money, and choosing the right method can sometimes be difficult. That’s why we have curated the most popular and best payment options for you to use in Lithuania.
| Payment Method | Description | Type |
|---|---|---|
| Wise | Wise provides international money transfer services. It is known for offering transparent, low-cost currency exchange rates and fast transfers. Wise uses the mid-market exchange rate and charges a small, upfront fee, making it a cost-effective alternative to traditional banks for sending money abroad. The platform also offers multi-currency accounts, allowing users to hold and manage money in multiple currencies. | Online/In-person |
| Cards (Debit/Credit) | Debit and credit cards are the leading payment method for the majority of transactions, both in-person and online, in this modern Eurozone economy. | Online/In-person |
| Bank Links & Transfers | E-commerce is dominated by "bank links," where customers pay by securely logging into their online bank portal to authorize a direct transfer. | Online |
| Digital Wallets | Digital wallets like Apple Pay, Google Pay, and local solutions are available and commonly used for contactless payments. | Online/In-person |
| Cash (Euro) | While digital payments are preferred, cash is still accepted everywhere and is used for smaller transactions and at open-air markets. | In-person |
Traveling beyond Lithuania? Explore payment methods by country.
Is PayPal available in Lithuania?
Yes, PayPal is accepted in Lithuania.
Cover all your international travel expenses with the Wise Multi-Currency Card
Whatever you need to buy during your trip, whether it’s a travel adapter, train ticket or an extra bottle of sunscreen, the Wise Multi-Currency Card has you covered.
You can spend like a local in 150+ countries, as this clever contactless card automatically converts currency at the mid-market exchange rate whenever you spend - for just a small conversion fee.
And for extra convenience, you can add your Wise Multi-Currency Card to your Google Wallet or Apple Wallet. Then you can travel even lighter and pay using just your phone, with no need to pack the physical card.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.