The company invested 250,000 litas (EUR 72,500) in software development during the first half of this year and plans to invest another 250,000 litas within the next six months.
"Basically, this is an electronic banking system, only cheaper and faster. Also, we have our accounts in banks around the world, which will allow carrying out international transactions under very favorable conditions," EVP International Director Kostas Noreika said.
The company says that it will charge a 0.5 percent commission instead of 2 percent.
