Paysera is an international fintech company and licensed Electronic Money Institution (EMI) headquartered in Vilnius, Lithuania. Founded in 2004 (originally operating under the name EVP International), Paysera was the first licensed electronic money institution in Lithuania and has grown into a global financial technology provider operating across more than 100 countries.
The company provides digital banking alternatives, international payment transfer services, e-commerce payment processing, currency conversion, contactless payment cards, and event ticketing solutions. Supervised by the Bank of Lithuania and compliant with European financial regulations, Paysera serves over 400,000 active private and business clients, processing billions of euros in transactions annually.
Core Products and Services
1. Multi-Currency IBAN Accounts
Paysera provides private and business accounts equipped with dedicated European IBANs (specifically Lithuanian IBANs). Key features include:
Global & Local Transfers: Support for SEPA, SEPA Instant (instant Euro transfers within Europe), and international SWIFT transfers.
Multi-Currency Support: Ability to hold, receive, and convert funds in more than 30 different currencies within a single account.
Free Internal Transfers: Instant and fee-free transfers between Paysera users globally.
2. Paysera Checkout (E-Commerce Payment Gateway)
Paysera Checkout is a payment processing platform designed for online merchants and e-commerce stores. Used by over 13,000 e-shops, it allows businesses to accept payments through multiple channels:
Payment Initiation Service (PIS): An open banking solution allowing customers to pay directly from their bank accounts (including major European banks) with lower transaction fees.
Card Payments: Acceptance of Visa, Mastercard, and Maestro online payments.
E-Commerce Integrations: Ready-to-use plugins and integrations for popular e-commerce platforms such as WooCommerce, PrestaShop, Shopify, OpenCart, Magento, and Ecwid.
Alternative Payment Methods: Support for payments via SMS, QR codes, and partner cash points.
3. Payment Cards (Physical and Digital Visa Cards)
Paysera issues contactless Visa debit cards for individual and business users across the European Economic Area (EEA):
Physical Visa Debit Cards: Plastic cards linked to a dedicated card account IBAN for in-store purchases and global cash withdrawals at ATMs.
Digital Visa Cards: Virtual cards created instantly via the mobile app for online shopping or contactless physical store purchases.
Digital Wallet Compatibility: Full support for Apple Pay, Google Pay, and Samsung Pay.
Business Cards: Corporate Visa Business cards with flexible expense management and individual limits for team members.
4. Currency Exchange Services
Paysera offers real-time currency exchange rates with lower markup fees compared to traditional commercial banks. Users can convert funds manually via the app or set up automated currency conversions when specific target rates are reached.
5. Mobile Super App
The Paysera Super App serves as the primary portal for individual and business financial management:
Account Monitoring: Real-time push notifications for incoming and outgoing transactions.
Biometric & 2FA Security: Secure access and transaction confirmation using fingerprint, facial recognition, or PIN codes.
Paysera Tickets is a self-service online event ticketing system integrated into the Paysera ecosystem. It allows event organizers to create, manage, and sell tickets for free or paid events, private seminars, and large-scale festivals with low processing fees and instant payout options.
Business vs. Personal Solutions
| Category | Personal Account Features | Business Account Features |
| --- | --- | --- |
| Primary Focus | Daily money management, personal transfers, and spending. | High-volume merchant operations and corporate financial administration. |
| Account Opening | Quick online setup via mobile app with KYC document upload. | Requires company registration verification and legal representative identification. |
| Transfers & Payroll | Individual SEPA Instant and SWIFT money transfers. | Bulk payments, automated payroll processing, and multi-user access permissions. |
| Monetization Tools | Personal digital/physical Visa card usage. | Integrated online payment gateway (Checkout) and POS processing solutions. |
Regulatory and Security Framework
Paysera operates under the regulatory supervision of the Bank of Lithuania as an Electronic Money Institution. It complies with European Union directives regarding payment services (PSD2) and data privacy (GDPR). Customer funds are held in segregated safeguard accounts at central and commercial banks to ensure security independent of the institution's operational funds.
Please note: This information is generated by AI. For legal use, verify with company sources.
