Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Pan-EuropeanTier A
- Scope
- Multi-serviceTier B
- Tenure
- MatureTier B
Passports into 29 EEA jurisdictions.
Authorised for 5 payment-services activities.
Authorised 6 years ago.
About this institution
Verified active. SumUp EU Payments UAB holds a current licence issued by the Bank of Lithuania on 27 August 2019. The entity is authorised across five core activities: cash withdrawal services on a payment account, execution of payment transactions on a payment account, issuance of electronic money, issuing payment instruments and acquiring payment transactions, and safeguarding of customer funds. These authorisations define the scope of regulated e-money activity the licence permits.
The licence has been passported across 29 EEA host states. The register lists the entity operating in 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. This cross-border reach reflects the full EEA membership plus Norway and Iceland under the passporting framework.
As recorded in the Bank of Lithuania register, SumUp EU Payments UAB held licence reference LB001900 with operational status active as at the last cross-check. No data gaps are flagged against the core licence record.
EEA passporting
29 jurisdictionsUnder the EU passporting regime, SumUp EU Payments UAB can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.
Ireland7
Germany7
France7
Austria7
Croatia7
Estonia7
Sweden7
Spain7
Hungary7
Luxembourg7
Czech Republic7
Liechtenstein7
Norway7
Latvia7
Slovenia7
Belgium7
Bulgaria7
Italy7
Finland7
Iceland7
Portugal7
Slovakia7
Denmark7
Netherlands7
Romania7
Malta7
Greece7
Poland7
Cyprus7
Authorised activities (PSD2 / EMD2)
Payment-services activities SumUp EU Payments UAB is permitted to carry out under its licence, as recorded in the register.
- Execution of payment transactions on a payment accountPSD2_3
- Safeguarding of customer fundsSAFEGUARDING
- Issuance of electronic moneyEMI_ISSUANCE
- Cash withdrawal services on a payment accountPSD2_2
- Issuing payment instruments and acquiring payment transactionsPSD2_5
Frequently asked questions
- Is SumUp EU Payments UAB a licensed e-money institution?
- Yes. SumUp EU Payments UAB holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB001900. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates SumUp EU Payments UAB?
- SumUp EU Payments 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 SumUp EU Payments UAB's licence or FRN number?
- SumUp EU Payments UAB's licence reference number is LB001900. 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 SumUp EU Payments UAB authorised in other EEA countries?
- Yes. SumUp EU Payments 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
- Ukmergės g. 126
- City
- Vilnius, 08100
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