Following a clearance by the Bank of Lithuania, WoraPay, a Lithuanian startup offering mobile payment services, will continue to expand in Central and Eastern European, invest in technology, and add new mWallets and sellers to its payment infrastructure platform, Startup Lithuania informs.
WoraPay team
© DELFI / Valdas Kopūstas

WoraPay, a Lithuanian startup, is not a mobile wallet itself, but rather a mobile acquirer who builds a network of sellers for mWallets: banks, telecommunication operators and payment service providers. WoraPay currently operates in the Baltic States and provides mobile payment solutions for restaurants, petrol stations, taxis, entertainment arenas and sales of tickets. WoraPay is used by a number of financial institutions and mobile wallets to provide thousands of users seamless payment solutions. The company has also deployed innovative solutions for donation collections and provides analytical services for small and medium businesses.

"We integrate with POS software providers to build QR code solutions at service locations: tables in restaurants have unique QR codes, petrol pumps in filling stations have it as well, and so on. Any mWallet on the platform can be used to pay a bill - this creates many new business cases financial institutions," says Aurimas Bakas, co-founder and CEO of WoraPay.

WorPay met their backers in Tel Aviv during Startup Lithuania Roadshow 2013.

There are more than 150 supported seller locations in the Baltic States. Lukoil petrol station chain which, is the largest in the Baltic States, is among the largest customers of WoraPay.

Ryanair announces new route from Kaunas

Ryanair announced a new Kaunas route to Zadar in Croatia , with a twice weekly service commencing...

Doctors from Kaunas Clinics hope for gamma knife economic return over the next couple of years

Neurosurgeons from Kaunas Clinics in Lithuania's second largest city of Kaunas are very happy with...

World’s first digital collector coin to feature signatories of the Act of Independence

The world‘s first blockchain -based digital collector coin created by the Bank of Lithuania is...

Norwegian specialised bank gets licence in Lithuania

Following the assessment and proposal of the Bank of Lithuania , AB Fjord Bank has been granted a...

MG Baltic wins reputation damage case against MP

Vilnius Regional Court on Tuesday ruled that a court of lower instance justly ruled early this year...