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 6 payment-services activities.
Authorised 6 years ago.
About this institution
Verified active. UAB "DV Payment" holds a current Lithuanian e-money licence LB001941 issued by the Bank of Lithuania. The licence authorises issuance of electronic money, money remittance, and issuance of payment instruments. It also authorises acquisition of payment transactions, safeguarding of customer funds, and execution of payment transactions on a payment account. Cash withdrawal services on a payment account are also covered.
The licence grants EEA passporting into 29 host states. These include 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 15 January 2020. Bank of Lithuania, licence reference LB001941, remains active as at the last cross-check.
Licence timeline
3 dated eventsDated events for UAB "DV Payment", 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
67/102
UAB "DV Payment" is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 67th oldest of the 102 dated Lithuania EMI authorisations, one of 17 granted in 2020.
Is your money safe with UAB "DV Payment"?
UAB "DV Payment" 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, UAB "DV Payment" can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.
Finland6
Liechtenstein6
Romania6
Bulgaria6
Ireland6
Austria6
Hungary6
Denmark6
Norway6
Sweden6
Germany6
Iceland6
Portugal6
Italy6
Latvia6
Malta6
Belgium6
Luxembourg6
Slovakia6
Estonia6
Slovenia6
Cyprus6
Spain6
Croatia6
Poland6
Czech Republic6
France6
Netherlands6
Greece6
Authorised activities (PSD2 / EMD2)
Payment-services activities UAB "DV Payment" is permitted to carry out under its licence, as recorded in the register.
- Cash withdrawal services on a payment accountPSD2_2
- Issuance of electronic moneyEMI_ISSUANCE
- Execution of payment transactions on a payment accountPSD2_3
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Money remittancePSD2_6
- Safeguarding of customer fundsSAFEGUARDING
Frequently asked questions
- Is UAB "DV Payment" a licensed e-money institution?
- Yes. UAB "DV Payment" holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB001941. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates UAB "DV Payment"?
- UAB "DV Payment" 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 UAB "DV Payment"'s licence or FRN number?
- UAB "DV Payment"'s licence reference number is LB001941. 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 UAB "DV Payment" authorised in other EEA countries?
- Yes. UAB "DV Payment" 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
- J. Galvydžio g. 3
- City
- Vilnius, LT-08236
Ratings & reader notes
141 ratings · 0 written notes
- 5★71
- 4★35
- 3★13
- 2★7
- 1★15
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