The electronic payment provider Paysafecardjoins forces with Ashburn as it continues its expansion with the launch of its core product in Lithuania.
internet betting in Lithuania is about get safer with the new launch of the pre-paid payment method provided by Paysafecard. The payment method has been adapted to cater to the Lithuanian market, with products available in the currency of Lithuanian litas.
Lithuanian gambling laws are rather unclear since online gambling is not mentioned in the law. The country’s legislation does specify gambling can only take place on government-licensed locations, however Lithuanians still have full access to foreign sites.
The new Paysafecard launched in Lithuania will make online gambling much easier. A 16-digit Paysafecard PIN will be available to buy all over the country, in shopping centers and supermarkets.
Paysafecard continues its global expansion with new launch in Lithuania tallying the total up to 37 countries worldwide
The company has also teamed up with Ashburn, a Lithuanian company installing banking payment cards and e-commerce system solutions. The partnership will allow Paysafecards to also be distributed through the lottery network in the country.
The expansion of Paysafecard means that the electronic payment method will be present in 37 countries around the world.
“The push into Lithuania demonstrates our continued belief in the huge potential of new markets,” said the CEO and founder of Paysafecard, Michael Müller.
“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.”