Google Payment Expands With E-Money License From Lithuania
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Google Payment, a company owned by Alphabet Inc., obtained an e-money license in Lithuania, joining a growing number of fintech firms that have secured permission from the Baltic nation to offer financial services across the European Union.
The license will enable Google to process payments, issue e-money, and handle electronic money wallets. The license, granted by the Lithuanian central bank, gives it permission to operate throughout the EU.