Lithuanian companies presented their products at PayExpo 2013 in London

June 20, 2013

The UK’s only dedicated payments innovation event, PayExpo 2013, was hosted in the Excel exhibition and convention centre on 18-19 June this year.

According to the Lithuanian Embassy in the UK, five companies from Lithuania – Datacard, FIS Global, Visa, Virecard Card Solutions and Etronika – presented their innovative technologies solutions at PayExpo 2013.

Etronika, the winner of the Best of Show title at ‘FinovateEurope 2013′, presented its award-winning holistic, multichannel online banking product BANKTRON®, along with their mobile banking and smart retail solutions.

The Lithuanian companies were greeted by the Ambassador of Lithuania, Asta Skaisgirytė Liauškienė, and Lithuanian Commercial Attaché Andrius Nikitinas.

“Innovative payment solutions have a great impact on the export of Lithuanian services,” the Lithuanian Ambassador said.

“The new e-commerce solutions, mobile money services and contactless technologies will entail changes in the way that we transact. They make money transactions faster and easier by making them available at any time, any country using any currency,” she continued.

PayExpo 2013 is claimed to be the biggest event that aims to attract forward thinking financial institutions, mobile operators, retailers, transport operators, gaming operators and service providers in the UK and one of the largest anywhere in Europe.