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UAB "PAYTEND EUROPE" logo

UAB "PAYTEND EUROPE"

Lithuania
4.0(163 ratings)ActiveEMI
View on register

Licence number

LB000480

Authorised since

27 Nov 2018

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
SpecialistTier C

Authorised for 4 payment-services activities.

Tenure
MatureTier B

Authorised 7 years ago.

About this institution

Verified active. UAB PAYTEND EUROPE holds a Lithuanian electronic money licence, reference LB000480, authorised by the Bank of Lithuania. The licence covers issuance of electronic money, issuing payment instruments and acquiring payment transactions. It also allows execution of payment transactions on a payment account and safeguarding of customer funds.

Passporting reaches 29 host states: 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.

Data note: licence granted on 27 November 2018. No missing passporting data. The Bank of Lithuania records licence reference LB000480 as active, as of the last cross-check.

Licence timeline

3 dated events

Dated events for UAB "PAYTEND 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

45/102

UAB "PAYTEND EUROPE" is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 45th oldest of the 102 dated Lithuania EMI authorisations, one of 21 granted in 2018.

Is your money safe with UAB "PAYTEND EUROPE"?

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

  • IcelandIceland6
  • FinlandFinland6
  • SlovakiaSlovakia6
  • NetherlandsNetherlands6
  • PortugalPortugal6
  • AustriaAustria6
  • NorwayNorway6
  • BelgiumBelgium6
  • CroatiaCroatia6
  • DenmarkDenmark6
  • ItalyItaly6
  • RomaniaRomania6
  • MaltaMalta6
  • CyprusCyprus6
  • SpainSpain6
  • SwedenSweden6
  • LatviaLatvia6
  • Czech RepublicCzech Republic6
  • GermanyGermany6
  • IrelandIreland6
  • EstoniaEstonia6
  • LiechtensteinLiechtenstein6
  • GreeceGreece6
  • BulgariaBulgaria6
  • FranceFrance6
  • PolandPoland6
  • HungaryHungary6
  • LuxembourgLuxembourg6
  • SloveniaSlovenia6

Authorised activities (PSD2 / EMD2)

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

  • Issuance of electronic moneyEMI_ISSUANCE
  • Safeguarding of customer fundsSAFEGUARDING
  • Execution of payment transactions on a payment accountPSD2_3
  • Issuing payment instruments and acquiring payment transactionsPSD2_5

Frequently asked questions

Is UAB "PAYTEND EUROPE" a licensed e-money institution?
Yes. UAB "PAYTEND EUROPE" holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB000480. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
Who regulates UAB "PAYTEND EUROPE"?
UAB "PAYTEND 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 "PAYTEND EUROPE"'s licence or FRN number?
UAB "PAYTEND EUROPE"'s licence reference number is LB000480. 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 "PAYTEND EUROPE" authorised in other EEA countries?
Yes. UAB "PAYTEND 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
Gynėjų str. 16, Floor 5
City
Vilnius, 01110

Ratings & reader notes

163 ratings · 0 written notes

4.0(163 ratings)
  • 5★83
  • 4★37
  • 3★15
  • 2★12
  • 1★16

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