Lithuanian postal service extends card acquiring deal with Ashburn
Lietuvos paštas, the largest Lithuanian postal service provider, extended the cooperation agreement with ASHBURN International, which develops and implements software solutions for authorization of payment cards and network management of EFTPOS terminals, for another two years.
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By the agreement, ASHBURN International will continue to ensure the operation of all Lietuvos paštas payment terminals, which are connected to the TransLink.iQ system, which allows real-time monitoring, parametrization and software update of all devices. The total number of Lietuvos paštas EFTPOS terminals is about 600 units.
The collaboration between the two companies has been going on for several years. In the spring of 2017, post offices in the largest cities and regional centers of Lithuania were equipped with integrated terminals for multi-bank payments, which allowed customers to pay for goods and services using payment cards.
Because of another completed project, Lietuvos paštas couriers were provided with Ingenico mobile EFTPOS terminals, which made it possible to pay for goods ordered on the Internet with a payment card. This method of payment is much more convenient because the client does not need to look for an ATM to withdraw cash or make an electronic transfer of funds.