Lithuanians are inclined to use bank cards to pay for infrequent purchases: they spend 46 percent of card expenditure on clothing or footwear, while only 6 percent per month is spent on food, a survey conducted by SEB Bank reveals.
© Shutterstock nuotr.

In Lithuania, people aged 25-30 are more open to novelties, 55 percent of them pay more by card at points of sale compared to the average (31 percent).

According to the data of SEB Bank, residents of bigger Lithuanian cities tend to pay by card more often. Forty-nine percent of residents of Vilnius and 37 percent of Kaunas' residents spend more by paying by card than the average Lithuanian.

Forty-eight percent of people who are above-average earners (LTL 1,700/EUR 490) use cards for payments at points of sale more often than the average Lithuanian resident. Meanwhile, only 32 percent of below-average earners use cards for payments at points of sale more often than the average Lithuanian resident.

It is forbidden to copy the text of this publication without a written permission from ELTA.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

The future of real estate industry is here already

The Fourth Industrial Revolution (4IR) is already affecting every corner of economy and our lives, and...

China national TV’s attention to Lithuanian business

On November 5–10, Shanghai is hosting the China International Import Expo 2018. Invitations to the...

Lithuania to further promote quality standards in FinTech sector: official

Number of FinTech companies in Lithuania increased threefold in the last year, however the Baltic...

Salary growth in the Baltic States. Estonia leads, Lithuania is not far behind

According to the biggest remuneration survey in the Baltics, conducted by “Baltic Salary Survey”,...

PM sees no grounds for new economic crisis

Lithuanian Prime Minister Saulius Skvernelis says he sees no grounds for a new economic crisis to...