Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Pan-EuropeanTier A
- Scope
- Full-serviceTier A
- Tenure
- MatureTier B
Passports into 28 EEA jurisdictions.
Authorised for 8 payment-services activities.
Authorised 8 years ago.
About this institution
Verified active. Verified Payments UAB holds a current Lithuanian e-money licence LB000446 issued by the Bank of Lithuania. The licence authorises safeguarding of customer funds, money remittance, and cash withdrawal services on a payment account. It also authorises execution of payment transactions on a payment account, cash deposit services, issuance of electronic money, issuance of payment instruments, acquisition of payment transactions, and execution of payment transactions under a credit line.
The licence permits passporting into 28 EEA host states. The host states are Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden.
The licence was granted on 13 February 2018. The entity's authorisation continues as active. Bank of Lithuania, reference LB000446, status verified active as of the last cross-check.
Licence timeline
3 dated eventsDated events for Verified Payments, 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
28/102
Verified Payments, UAB is one of 102 e-money institutions on the Lithuania register, 102 of which are currently active. Its licence is the 28th oldest of the 102 dated Lithuania EMI authorisations, one of 21 granted in 2018.
Is your money safe with Verified Payments, UAB?
Verified Payments, 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.
EEA passporting
28 jurisdictionsUnder the EU passporting regime, Verified Payments, UAB can provide services across the following EEA jurisdictions, in addition to its home authorisation in Lithuania.
Slovakia12
Luxembourg12
Germany12
Latvia12
Croatia12
Greece12
Slovenia12
Spain12
Denmark12
Austria12
Cyprus12
Norway12
Malta12
Poland12
Czech Republic12
Portugal12
Hungary12
France12
Liechtenstein12
Netherlands12
Estonia12
Finland12
Sweden12
Belgium12
Bulgaria12
Romania12
Ireland12
Italy12
Authorised activities (PSD2 / EMD2)
Payment-services activities Verified Payments, UAB is permitted to carry out under its licence, as recorded in the register.
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Issuance of electronic moneyEMI_ISSUANCE
- Cash deposit services on a payment accountPSD2_1
- Money remittancePSD2_6
- Execution of payment transactions on a payment accountPSD2_3
- Execution of payment transactions where funds are covered by credit linePSD2_4
- Cash withdrawal services on a payment accountPSD2_2
- Safeguarding of customer fundsSAFEGUARDING
Frequently asked questions
- Is Verified Payments, UAB a licensed e-money institution?
- Yes. Verified Payments, UAB holds EMI authorisation from Bank of Lithuania in Lithuania, licence reference LB000446. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates Verified Payments, UAB?
- Verified 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 Verified Payments, UAB's licence or FRN number?
- Verified Payments, UAB's licence reference number is LB000446. 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 Verified Payments, UAB authorised in other EEA countries?
- Yes. Verified Payments, UAB is passported to 28 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
- Vilniaus m. sav. Vilniaus m. Gedimino pr. 20
- City
- Vilnius, 01103
Ratings & reader notes
145 ratings · 0 written notes
- 5★108
- 4★25
- 3★8
- 2★3
- 1★1
Readers can leave a star rating with or without a written note. Written notes appear below; ratings without a note are counted here.
Share what you know about Verified Payments, UAB. Guest comments - no account required. Be kind and on-topic.
No reader notes yet. Be the first to share what you know about this institution.