Lithuania built its reputation as the fastest EU route to an electronic money or payment institution licence, and the Bank of Lithuania authorised a large share of the EMIs now operating across Europe. That volume brought closer supervision with it, so recent transactions face heavier scrutiny of AML systems, safeguarding arrangements and the governance the acquirer intends to put in place. Lithuanian authorisations passport across the EEA, which keeps them among the most requested targets in the market.
Company Activities Services enabling cash placement on a payment account Services enabling cash withdrawals from a payment account Execution of payment transactions Issuing payment instruments or acqu...
Highlights - Fully licensed Small Payment Institution (SPI) - Registered Virtual Asset Service Provider (VASP) - Active bank account in Lithuania - Clean corporate and operational history Permissions...
Highlights - Fully licensed Small Payment Institution (SPI) - Registered Virtual Asset Service Provider (VASP) - Active bank account in Lithuania - Clean corporate and operational history Permissions...
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