Swedbank introduces instant payments over mobile app

Lithuanian bank Swedbank said customers can now perform instant payments using the Swedbank 2019 application, reports Vz.lt. The option is now available for retail customers. It will also be offered to business and online banking customers in the future.

Lithuanian commercial banks are already working on a system that will ensure that a person will be able to transfer money without knowing his or her account number, in order to contact each person in the bank’s mobile app. Orders will be made by consumers through their bank’s mobile or online banking.

The system can be launched already in 2019.

You might also like

Leave A Reply