ASHBURN International, the payment technology company, has partnered with Rietumu Bank to expand the network of EFTPOS terminals across the European Union and provide innovative solutions to banking and retail. (more…)

As a result of attending the XI Cashless Congress in Warsaw, several agreements were reached with Polish cashless payment operators concerning ASHBURN International's products. This year, the company participated in the event as a Gold Partner, presenting its solutions in payment technology and POS terminal network management. One of the presented products was a multifunctional EFTPOS device running on Android OS, as well as a tip payment function called My Tips. (more…)

Representatives of SUNMI, a company specializing in payment terminals, IoT technologies and digital software solutions, recently visited ASHBURN International's main office in Vilnius. The visit was a continuation of regular contacts between the two companies. (more…)

The Baltic Payment Forum, organized by Business Format, aimed to facilitate knowledge-sharing about payment solutions and open banking technologies. Over 260 participants from 20 countries attended the major banking event in Vilnius on April 25th. (more…)

According to ASHBURN International, a payment service provider for the country's largest banks and retailers, the average tip amount in the capital's cafes and restaurants is gradually increasing. Last year, the average tip size in Vilnius catering establishments was about 2.5 euros, while in the first quarter of 2023, it has already exceeded 3 euros. From 2022 to the first quarter of 2023, the average amount spent per restaurant visit changed by only one euro, from €20.90 to €21.90.  (more…)

The international group of companies Penki kontinentai has successfully implemented an innovative payment project on the Georgian market. BS/2 Georgia and ASHBURN International, both subsidiaries of the group, collaborated with TBC Bank, one of the country's largest banks, to develop an integrated solution for Meama, a coffee capsule manufacturer. (more…)

One more Georgian bank is now using TransLink.iQ, ASHBURN International's software solution for POS terminal networks. Liberty Bank of Georgia purchased this system to handle its network of more than 5,500 POS terminals. The project was implemented by two companies from the Penki kontinentai group: ASHBURN International and BS/2 Georgia. (more…)

ASHBURN International, owned by the Penki kontinentai group, and Xalq Bank are implementing a joint customer loyalty program in Azerbaijan. Customers of the Azpetrol network can pay not only with the local currency (manats), but also with accumulated loyalty points, or 'oil'. (more…)

“My tips” is a new service option in the Lithuanian restaurants.  Thanks to this feature, a service staff can receive tips directly to the card.   The innovation has become possible by ASHBURN International, which is a member of the Penki Kontinentai group of companies, in cooperation with SEB Bank, the State Tax Inspectorate (VMI) and the Lithuanian Hotel and Restaurant Association.   (more…)

In collaboration with the Georgian bank TBC Bank, ASHBURN International (part of the Penki kontinentai group of companies) developed and deployed on POS terminals the feature of payment for products and services without cash or bank cards. Clients may now conduct transactions by scanning the QR code from the terminal's display using the bank's mobile application. (more…)