Lithuanian operators cleared to launch instant payment platform

Friday 21 July 2017 | 09:43 CET | News
European Commission has allowed Lithuanian mobile operators to create a common instant payments platform. The largest mobile operators – Bite Lithuania, Tele2 Lithuania and Telia Lithuania – will participate in running the platform. Mobilus Mokejimai, a joint venture founded by the three operators, will create the platform required for provision of instant payments. It will also be the main operator and supervisor of this platform.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Mobile & Wireless
Companies: Bite Lithuania / Tele2 Lithuania
Countries: Lithuania
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Lithuania m-payment venture MoQ plans launch in July

Published 01 May 2018 11:16 CET | Lithuania
Lithuanian company Mobilieji Mokejimai, a subsidiary of the mobile operators Telia Lithuania, Bite Lithuania and Tele2 Lithuania, ...

MM mobile payment system gets licence from Lithuanian Bank

Published 16 May 2017 20:53 CET | Lithuania
The Lithuanian National Bank has issued a licence for limited activity in the electronic payments field for the mobile payment ...