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Licensed EMIsSee verified EMIs

PAYMONT, UAB

Lithuania
3.8(124 ratings)ActiveEMI
View on register

Licence number

LB002054

Authorised since

28 Jan 2021

EEA passports

29

Profile rates

Data-derived · A is broadest

Three named tiers comparing this institution against the rest of the European register.

Reach
Pan-EuropeanTier A

Passports into 29 EEA jurisdictions.

Scope
Multi-serviceTier B

Authorised for 6 payment-services activities.

Tenure
MatureTier B

Authorised 5 years ago.

About this institution

Verified active. PAYMONT UAB holds a current Lithuanian e-money licence (LB002054) authorised by the Bank of Lithuania. The licence authorises execution of payment transactions on a payment account, issuance of electronic money, and money remittance. It also covers execution of payment transactions where funds are covered by a credit line, safeguarding of customer funds. Additionally, the licence permits issuing payment instruments and acquiring payment transactions.

The licence passporting reach covers 29 EEA host states. The host states are Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.

The licence was granted on 28 January 2021. The Bank of Lithuania register lists licence reference LB002054 for PAYMONT UAB, status active as at last cross - check.

Licence timeline

3 dated events

Dated events for PAYMONT, UAB, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.

  1. Cross-checked against the Bank of Lithuania register

    Automated daily verification of licence status and reference.

  2. First verified and added to this directory

  3. 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

84/102

PAYMONT, UAB is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 84th oldest of the 102 dated Lithuania EMI authorisations, one of 12 granted in 2021.

Is your money safe with PAYMONT, UAB?

PAYMONT, 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.

How e-money safeguarding works → Verify on the register →

EEA passporting

29 jurisdictions

Under the EU passporting regime, PAYMONT, UAB can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.

  • LatviaLatvia10
  • RomaniaRomania10
  • FinlandFinland10
  • NorwayNorway10
  • MaltaMalta10
  • SwedenSweden10
  • HungaryHungary10
  • PortugalPortugal10
  • PolandPoland10
  • IcelandIceland10
  • SloveniaSlovenia10
  • FranceFrance10
  • Czech RepublicCzech Republic10
  • GermanyGermany10
  • NetherlandsNetherlands10
  • SlovakiaSlovakia10
  • IrelandIreland10
  • EstoniaEstonia10
  • BulgariaBulgaria10
  • LuxembourgLuxembourg10
  • CroatiaCroatia10
  • AustriaAustria10
  • ItalyItaly10
  • GreeceGreece10
  • CyprusCyprus10
  • DenmarkDenmark10
  • BelgiumBelgium10
  • SpainSpain10
  • LiechtensteinLiechtenstein10

Authorised activities (PSD2 / EMD2)

Payment-services activities PAYMONT, UAB is permitted to carry out under its licence, as recorded in the register.

  • Execution of payment transactions on a payment accountPSD2_3
  • Issuance of electronic moneyEMI_ISSUANCE
  • Safeguarding of customer fundsSAFEGUARDING
  • Issuing payment instruments and acquiring payment transactionsPSD2_5
  • Execution of payment transactions where funds are covered by credit linePSD2_4
  • Money remittancePSD2_6

Frequently asked questions

Is PAYMONT, UAB a licensed e-money institution?
Yes. PAYMONT, UAB holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB002054. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates PAYMONT, UAB?
PAYMONT, 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 PAYMONT, UAB's licence or FRN number?
PAYMONT, UAB's licence reference number is LB002054. 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 PAYMONT, UAB authorised in other EEA countries?
Yes. PAYMONT, 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

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Registered office

Street
Šeimyniškių g. 19B-701
City
Vilnius, LT-09233

Ratings & reader notes

124 ratings · 0 written notes

3.8(124 ratings)
  • 5★52
  • 4★34
  • 3★13
  • 2★6
  • 1★19

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