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Licensed EMIsSee verified EMIs

UAB "PanPay Europe"

Lithuania
3.8(61 ratings)ActiveEMI
View on register

Licence number

LB000432

Authorised since

14 Sept 2017

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
Full-serviceTier A

Authorised for 8 payment-services activities.

Tenure
MatureTier B

Authorised 9 years ago.

About this institution

Verified active. UAB PanPay Europe, registered in Lithuania, holds a current e-money licence issued by the Bank of Lithuania (LB000432). The licence authorises execution of payment transactions on a payment account, issuance of electronic money, execution of payment transactions covered by a credit line, issuing payment instruments and acquiring payment transactions, safeguarding of customer funds, cash deposit and withdrawal services on a payment account, and money remittance.

The licence is passported into 29 EEA states. The list includes 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, Sweden.

Licence granted 14 September 2017. The Bank of Lithuania, reference LB000432, confirms the licence is active as of the last check.

Licence timeline

3 dated events

Dated events for UAB "PanPay Europe", 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

15/102

UAB "PanPay Europe" is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 15th oldest of the 102 dated Lithuania EMI authorisations, one of 15 granted in 2017.

Is your money safe with UAB "PanPay Europe"?

UAB "PanPay Europe" 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, UAB "PanPay Europe" can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.

  • SpainSpain11
  • IrelandIreland11
  • IcelandIceland11
  • ItalyItaly11
  • LatviaLatvia11
  • HungaryHungary11
  • RomaniaRomania11
  • GreeceGreece11
  • LuxembourgLuxembourg11
  • BelgiumBelgium11
  • LiechtensteinLiechtenstein11
  • CyprusCyprus11
  • MaltaMalta11
  • SwedenSweden11
  • SlovakiaSlovakia11
  • FranceFrance11
  • PolandPoland11
  • SloveniaSlovenia11
  • GermanyGermany11
  • NetherlandsNetherlands11
  • NorwayNorway11
  • FinlandFinland11
  • AustriaAustria11
  • EstoniaEstonia11
  • Czech RepublicCzech Republic11
  • DenmarkDenmark11
  • PortugalPortugal11
  • CroatiaCroatia11
  • BulgariaBulgaria11

Authorised activities (PSD2 / EMD2)

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

  • Safeguarding of customer fundsSAFEGUARDING
  • Execution of payment transactions where funds are covered by credit linePSD2_4
  • Cash withdrawal services on a payment accountPSD2_2
  • Money remittancePSD2_6
  • Cash deposit services on a payment accountPSD2_1
  • Issuance of electronic moneyEMI_ISSUANCE
  • Issuing payment instruments and acquiring payment transactionsPSD2_5
  • Execution of payment transactions on a payment accountPSD2_3

Frequently asked questions

Is UAB "PanPay Europe" a licensed e-money institution?
Yes. UAB "PanPay Europe" holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB000432. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates UAB "PanPay Europe"?
UAB "PanPay Europe" 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 "PanPay Europe"'s licence or FRN number?
UAB "PanPay Europe"'s licence reference number is LB000432. 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 "PanPay Europe" authorised in other EEA countries?
Yes. UAB "PanPay Europe" 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
Antano Tumėno str. 4-27
City
Vilnius, LT-01109

Ratings & reader notes

61 ratings · 0 written notes

3.8(61 ratings)
  • 5★19
  • 4★21
  • 3★12
  • 2★5
  • 1★4

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