A nationwide mobile payments system backed by three Lithuanian mobile network operators has gone into public beta testing and signed up 6,000 new users in its first 24 hours.
Moq[1] can be used to pay instantly in stores, online, and for person to person payments. In-store payments are initiated by scanning a QR code or NFC tag at the point of sale, and payment via Moq is possible at more than 90% of Lithuanian online stores, says the company.
The system has been tested by 1,000 users in a closed beta since early summer 2018, and the app[2] is now available to up to 30,000 users — approximately 1% of Lithuania’s population — in the public beta.
Moq is operated by Mobilieji Mokėjimai, a joint venture between local mobile network operators Bite[3], Tele2[4] and Telia[5].
