Company card is passing from hand to hand? Experts warn about the risks
One card – for the manager’s purchases, employee business trips, as well as office needs or online payments. This arrangement is still common in many smaller or…
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Traders are cunning: explained when such a fee cannot be applied to buyers
The Bank of Lithuania draws attention to the spreading practice where the consumer paying for a product or service has to pay the payment service provider chosen by the merchant. When…
Phone instead of bank card: when will it work, and when will it not?
A bank card is increasingly replaced by a phone – it’s enough to place it near the payment terminal and the payment happens in a few seconds. However, on social networks, people…
Holidays in Europe are getting more expensive not only because of flights: here’s where tourists face the biggest price traps
This summer, many people are choosing Europe for their holidays. That’s why prices are rising where travelers rarely compare them in advance. The travel price itself has long ceased to be the main one of…
Cash is receding from everyday life: when might you still need it?
It has become common to pay for purchases or services by card, phone, or smartwatch, so cash is used less and less in everyday life. However, completely their…
5 expenses that many forget when planning a vacation
Even a carefully planned vacation budget often grows due to expenses that travelers only realize during the trip. According to the customer experience of Citadele Bank in the Baltic countries…
Instant payments? The Bank of Lithuania explained what to do
Payments have become an integral part of everyday life. We pay in cash, by payment cards, or transfers – whichever is more convenient for us. But what to do if “it happens…