Contomobile

Contomobile is a Lithuanian electronic money institution, Contomobile UAB, licensed by the Bank of Lithuania under licence number 5. Its published address is Tuskulėnų g. 33C-66, 09219 Vilnius.

Accounts and payments

The company provides payment accounts and electronic settlements for both businesses and private clients, through a web account and a mobile app. Listed services are business payment accounts, personal accounts and online payment collection, which lets a merchant take payments from customers on its site.

For financial institutions

For financial institutions the company offers Payment Cloud and white-label solutions, so a regulated partner can run payment products under its own brand on Contomobile's platform. The profile does not describe which components are included or which markets the white-label proposition covers.

Licensing

The EMI licence appears in the official list published by the Bank of Lithuania. Funds held in e-money accounts are not bank deposits, so clients should ask how safeguarding is arranged.

Who it suits

The services suit small businesses and platforms in the European Economic Area that need payment accounts and online collection, and regulated companies seeking a white-label payment layer. Fees, limits and supported currencies are not stated and should be requested.