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The Largest Lithuanian Postal Service Provider Continues Cooperation with ASHBURN International

01-08-2020 09:50 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Penki Kontinentai Group

The Largest Lithuanian Postal Service Provider Continues

Lietuvos paštas, the largest Lithuanian postal service provider, extended the cooperation agreement with ASHBURN International, which develops and implements software solutions for authorization of payment cards and network management of EFTPOS terminals, for another two years.

By the agreement, ASHBURN International will continue to ensure the operation of all Lietuvos paštas payment terminals, which are connected to the TransLink.iQ system, which allows real-time monitoring, parametrization and software update of all devices. The total number of Lietuvos paštas EFTPOS terminals is about 600 units.

The collaboration between the two companies has been going on for several years. In the spring of 2017, post offices in the largest cities and regional centers of Lithuania were equipped with integrated terminals for multi-bank payments, which allowed customers to pay for goods and services using payment cards.

Because of another completed project, Lietuvos paštas couriers were provided with Ingenico mobile EFTPOS terminals, which made it possible to pay for goods ordered on the Internet with a payment card. This method of payment is much more convenient because the client does not need to look for an ATM to withdraw cash or make an electronic transfer of funds.

Lietuvos paštas is a national postal and courier service provider that has earned the trust due to its professional service and a century of history. The company employs about 5,000 people. Lietuvos Paštas sends 16 million packages annually and serves 800,000 customers every month.

Germanas Kavalskis
Chief Communications Officer

Penki Kontinentai Group
Kareivių str. 2,
LT-08248, Vilnius, Lithuania

+370 626 27488
germanas.kavalskis@5ci.lt
www.5ci.lt
www.ashburn.eu

ASHBURN International, a member of the group of companies Penki Kontinentai, offers the EFTPOS terminals network monitoring and management solutions, transaction data transfer and loyalty system management. ASHBURN International also provides rental, installation and maintenance services of the bank equipment. The company is the official partner of the world's largest EFTPOS terminals manufacturer Ingenico Group in Lithuania, Latvia and Estonia. The ASHBURN International services portfolio includes outsourcing in financial, commercial and telecommunication spheres. The software and equipment meet the international organizations VISA International, Mastercard, American Express, Diners Club International, JCB and UPI requirements.

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