Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- DomesticTier D
- Scope
- Multi-serviceTier B
- Tenure
- MatureTier B
No EEA passporting on record.
Authorised for 5 payment-services activities.
Authorised 5 years ago.
About this institution
Verified active. Paywho, UAB holds a Lithuanian e-money licence authorized by the Bank of Lithuania under reference LB002075, granted 15 April 2021. The licence authorises execution of payment transactions on a payment account, money remittance, issuance of electronic money, safeguarding of customer funds, as well as issuing payment instruments and acquiring payment transactions.
No passporting to other EEA host states is recorded in the register, so operations are limited to Lithuania. The licence does not confer cross-border reach within the European Economic Area.
The entity's authorisation continues as listed in the register. The Bank of Lithuania lists Paywho, UAB under licence reference LB002075 with an active status as of the last cross-check.
Licence timeline
3 dated eventsDated events for Paywho, 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
88/102
Paywho, UAB is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 88th oldest of the 102 dated Lithuania EMI authorisations, one of 12 granted in 2021.
Is your money safe with Paywho, UAB?
Paywho, 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.
Authorised activities (PSD2 / EMD2)
Payment-services activities Paywho, UAB is permitted to carry out under its licence, as recorded in the register.
- Execution of payment transactions on a payment accountPSD2_3
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
- Money remittancePSD2_6
Frequently asked questions
- Is Paywho, UAB a licensed e-money institution?
- Yes. Paywho, UAB holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB002075. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates Paywho, UAB?
- Paywho, 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 Paywho, UAB's licence or FRN number?
- Paywho, UAB's licence reference number is LB002075. 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.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in Lithuania
Registered office
- Street
- A. Goštauto g. 8-108
- City
- Vilnius, LT-01108
Ratings & reader notes
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