Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Pan-EuropeanTier A
- Scope
- SpecialistTier C
- Tenure
- MatureTier B
Passports into 29 EEA jurisdictions.
Authorised for 4 payment-services activities.
Authorised 7 years ago.
About this institution
Verified active. Paylar, UAB holds a current Lithuanian e-money licence from the Bank of Lithuania. The licence authorises safeguarding of customer funds, issuance of electronic money and issuance of payment instruments. It also permits acquiring payment transactions and execution of payment transactions on a payment account. The authorisation covers all electronic money activities listed on the register. Cross-checked against the Bank of Lithuania register on 3 July 2024. The licence also allows Paylar to issue payment instruments and accept payment transactions, supporting a full range of electronic money services. Paylar can also safeguard customer funds, ensuring custody and protection of balances across all supported jurisdictions. The licence also covers issuance of payment instruments and execution of payment transactions on payment accounts.
Passporting extends to 29 host states across the EEA. Key host states include Austria, Belgium, Bulgaria, Croatia and Cyprus. Other host states are Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece. It also covers Hungary, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden. Passporting ensures Paylar can serve customers in all these states without separate local authorisation. The licence therefore provides Paylar with a pan-EEA operational footprint.
Data note: Licence granted 5 March 2019. Operational status is recorded as active. Bank of Lithuania, reference LB001876, confirms the licence status as active as of the last cross-check.
Licence timeline
3 dated eventsDated events for Paylar, UAB, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the Bank of Lithuania register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the Bank of Lithuania
Position in the Lithuania register
Lithuania EMIs
102
Active
102
Full / small licences
94 / 8
Licence age rank
50/102
Paylar, UAB is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 50th oldest of the 102 dated Lithuania EMI authorisations, one of 20 granted in 2019.
Is your money safe with Paylar, UAB?
Paylar, UAB holds an e-money authorisation from Bank of Lithuania, which means client money must be safeguarded: held separately from the firm's own funds at a credit institution, or covered by an equivalent insurance policy. E-money is not a bank deposit - it is not covered by a national deposit guarantee scheme, so there is no automatic compensation payout if the firm fails.
If an authorised EMI becomes insolvent, safeguarded funds sit outside the insolvency estate and are returned to customers by the administrator - repayment can take time, and administration costs may be deducted along the way.
EEA passporting
29 jurisdictionsUnder the EU passporting regime, Paylar, UAB can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.
Italy6
Ireland6
Croatia6
Greece6
Liechtenstein6
Slovakia6
Finland6
Belgium6
Poland6
Germany6
Sweden6
Cyprus6
Norway6
France6
Romania6
Spain6
Portugal6
Bulgaria6
Austria6
Slovenia6
Hungary6
Netherlands6
Iceland6
Luxembourg6
Estonia6
Latvia6
Czech Republic6
Denmark6
Malta6
Authorised activities (PSD2 / EMD2)
Payment-services activities Paylar, UAB is permitted to carry out under its licence, as recorded in the register.
- Issuance of electronic moneyEMI_ISSUANCE
- Safeguarding of customer fundsSAFEGUARDING
- Execution of payment transactions on a payment accountPSD2_3
- Issuing payment instruments and acquiring payment transactionsPSD2_5
Frequently asked questions
- Is Paylar, UAB a licensed e-money institution?
- Yes. Paylar, UAB holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB001876. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates Paylar, UAB?
- Paylar, UAB is authorised and supervised by Bank of Lithuania in Lithuania. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is Paylar, UAB's licence or FRN number?
- Paylar, UAB's licence reference number is LB001876. Enter it on the EBA EUCLID register at euclid.eba.europa.eu to confirm the institution's identity and that its authorisation is in force.
- Is Paylar, UAB authorised in other EEA countries?
- Yes. Paylar, UAB is passported to 29 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in Lithuania
Registered office
- Street
- Konstitucijos ave. 7, Business centre Europe
- City
- Vilnius, LT-09308
Ratings & reader notes
123 ratings · 0 written notes
- 5★62
- 4★19
- 3★17
- 2★9
- 1★16
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