paysafecard launches in Lithuania

Prepaid online payment service provider paysafecard continues to expand its European reach by launching its core services in Lithuania.

paysafecard is Europe’s leading prepaid payment solution, and it strengthens its European presence by making the service available in Lithuania. Lithuania marks paysafecard’s second entry into the Baltic market after launching the service in Latvia in 2010.

"The push into Lithuania demonstrates our continued belief in the huge potential of new markets. Moreover, the great breadth of the international line-up – including the digitally advanced countries of the Baltic region – is a significant contribution to our success. Our concept finds particularly strong resonance in this region," stated paysafecard Founder and CEO Michael Müller.

As with other countries where paysafecard is available, amounts and currencies have been adapted to the local market. The prepaid cards can be purchased for 20, 50, 100, and 300 Litas (1 EUR is roughly 3.5 Litas).

In traditional fashion, paysafecard has partnered with local distributors for points-of-sale of the 16-digit cards. Lithuanian payment network provider Ashburn will be distributing the paysafecard cards via the local lottery system, making paysafecard widely available upon launch.

"Thanks to this partnership, country-wide availability is guaranteed to our customers," says Michael Müller.

paysafecard was founded in 2000 and has since become available in 37 countries around the globe, including just recently Bulgaria and Australia. paysafecard is also one of the approved payment methods for online gaming in New Jersey, alongside parent company Skrill.

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