Commercial banks in Lithuania have still not developed a common alternative for code cards, whose use will be restricted from April.
© DELFI / Šarūnas Mažeika

While some banks are offering apps to customers to overcome the issue, others are asking for proof of payment via SMS. In April stricter rules on payments via electronic banking will come into force which will not allow the use of code cards if transactions have a value of more than €30.

Nordea Bank have introduced an app which replaces the code cards as well as other alternatives for their customers such as mobile signatures or code generators.

SEB Bank announced that from April customers will have to confirm payments via SMS. This system is already applied to the new bank‘s customers. The same system will be used by Swedbank.

However, SEB, Swedbank and DNB are seeking to create a unified e-identification solution, but developing such a solution will take time according to bank representatives. The country's major banks had been expected to develop a common solution.

LRT

President signs 'spy swap' bill into law

Lithuanian President Gitanas Nauseda has signed into law a bill detailing the president's right to...

Remains of another partisan found in Vilnius

The remains of Lithuanian partisan Juozapas Streikus-Stumbras have been found at Orphans' Cemetery...

Vilnius politicians agree on demolition of kindergarten built on top of Great Synagogue

Vilnius Municipal Council last week deemed the kindergarten built on top of the remains of the...

Lithuania and Poland complete arrangements for state reburial of 1863 insurgents

Representatives of the Lithuanian and Polish government completed earlier this week the last...

Court extends ex-judge's arrest for 2 months

The Kaunas District Court extended on Friday the arrest warrant for Neringa Venckiene for two...