Paysera

Paysera is a Lithuanian electronic money institution that provides payment accounts with an IBAN for businesses and private clients. The licensed entity is Paysera LT, UAB, and the company states that it was the first licensed EMI in Lithuania, founded in 2004.

Licence

The Bank of Lithuania register lists Paysera LT under licence number 1 and authorisation code LB000251. The company number is 300060819 and the LEI is 5299009E21OGG8K3Y756.

Payments and accounts

The service includes SEPA, SEPA Instant and SWIFT transfers, currency exchange, Visa cards, open banking and Paysera Checkout for accepting payments. Other products are Open Banking payment initiation, card acquiring, QR codes and mass payouts. Target sectors are e-commerce, ticketing, digital services and small and medium businesses.

Markets and pricing

Markets named are Lithuania, Latvia, Estonia, Bulgaria, Romania, Poland and the wider EU. The published fee range for Checkout runs from 0.2% for Open Banking to 1.2% for cards. Services are provided through legal entities and a partner network, with permissions varying by country.