PAYSERA

Opening an account in the PAYSERA payment system (Lithuania)

Cost for the private persons from 400€

Cost for the legal entities from 600€

Opening Term: 10 business days

Remotely: yes

The Paysera payment system began operating in 2004, when the company Elektroniniai verslo projektai was created in Lithuania as an experiment. In 2011, the Bank of Lithuania issued the company a financial license as a payment institution. In 2016, the payment system was given a new name: "Paysera LT".

Paysera Account

Today, the Lithuanian payment system Paysera is one of the leaders among European payment systems by number of customers in the EU and CIS countries. Paysera offers the lowest fees for services and transfers in Europe. You can open a Paysera account in the international IBAN format remotely in 1 day. Opening a Paysera account in IBAN format is free of charge for all individuals and legal entities registered in the SEPA zone, with no Paysera commission.

After you open a business account, Paysera offers its customers:

  • A contactless payment card for secure payments.

  • The ability to link a Paysera VISA card to other payment systems (for example, PayPal).

  • Instant transfers between Paysera users (you only need to enter the recipient's phone number or email address).

  • The ability to make micropayments via mobile operators.

  • A mobile app that lets you make transfers 24 hours a day.

Open a Paysera account for individuals:

  • Free opening of a current account.

  • Free transfers in EUR (SEPA), with no limits on the amount or number of transfers.

  • Free instant transfers (SEPA INSTANT): real-time payments, 24 hours a day.

Open a Paysera account for legal entities:

  • Free opening of a current account (provided the company is registered in the SEPA zone).

Opening an account in the Paysera payment system is an inexpensive and simple solution for online stores, cafes and restaurants, as well as for individuals who value the convenience of mobile apps and instant payments.

The Paysera payment system follows the "know your customer" principle and, in each individual case, reserves the right to request additional documents. This may lead to longer account opening times or a refusal to open an account without giving reasons.

The specialists at Maira Consult know how to open a Paysera account, so get in touch.

PAYSERA advantages

1

Free account opening

2

Paysera mobile app

3

Individual IBANs for euro transfers

4

Paysera Checkout for online stores

General Information

Types of accounts

Multi-currency corporate and personal accounts.

It is important that the company director first creates a personal Paysera profile and completes identification. Only after that can the company profile be created as a corporate Paysera client.

Personal visit

No personal visit is required, the account is opened online.

Service rates

Personal account:

Opening and maintenance are free of charge.

Corporate account:

  • company from a SEPA country: account opening is free, maintenance is 5 EUR/month;
  • company outside SEPA: account opening is 10 EUR, maintenance is 5 EUR/month;
  • international company or financial service provider: account opening is 100 EUR, maintenance is 20 EUR/month.

International company is a separate Paysera tariff category, determined by a combination of factors: the company's country of registration, the country of residence of the director and beneficiary, the countries where actual business is conducted, etc.

Useful information

Paysera payment system website: www.paysera.com

Stages of account opening

01

Preparation of documents

To open an account in the Paysera payment system, you fill out our questionnaire and provide information about your business, main counterparties, the company's corporate documents, and the personal identification documents of the director and beneficiary, or of the individual (for a personal account).

02

Analysis of documents

Our specialists analyze the information and documents you provide and complete the Paysera payment system forms.

03

Submission of documents

We send the ready package of documents for opening an account with Paysera to the manager for review.

04

Passing verification

The company's director and beneficiary, or the individual (for a personal account), complete online verification.

05

Compliance Check

At this stage, Paysera checks the client and may request additional information about the business and the source of funds.

06

Account opening

After the account is opened in the Paysera payment system, the client is sent the details needed to start working with the account.

Answers to the Most Common Questions:

A Paysera business account allows you to receive payments from customers, settle with foreign counterparties, hold funds in different currencies, and exchange currencies. Paysera has all the functionality needed to accept online payments and integrate with business systems.
A company with Ukrainian beneficiaries can apply to open a Paysera account if its jurisdiction and activities meet the payment system's requirements. The owner's Ukrainian citizenship does not in itself guarantee approval or rejection. Paysera reviews the ownership structure, the beneficiaries' place of residence, the company's activities, and the origin of funds.
To prepare an application in advance, it is worth gathering the company's registration documents and the identity documents of the director and beneficiary, providing information about the ownership structure, and explaining the nature of the business and the origin of funds. The final list of documents is determined individually during the compliance check.
No, Paysera uses a specific definition of the international company category. It takes into account activities outside the country of registration, tax regime specifics and financial reporting requirements, the place where actual business is conducted, and the location of the company's governing body.
Yes, Paysera offers solutions for accepting online payments that can be integrated with a website or online store. The available payment methods and connection terms depend on the market, the company's activities, and the results of the review.

Other payment systems in this region

TitleCost from (EUR)
SATCHEL600
INTERNATIONAL PAYMENT UNION500
BANKERA600
GENOME500
VIALET600
PAYLAR400
WALLETTO500
MISTERTANGO 600

Our Contacts

Phone

+380 97 527-66-30

Client Relations Department

+380 73 427-66-30

Email

[email protected]

Address

Kyiv, 01054, Ukraine,

40B Ivan Franko St., office 207

Legal information

MAIRA LLC

EDRPOU code: 38202700

Jurisdiction: Ukraine

Working hours

Monday to Friday: 09:00 to 18:00

Saturday and Sunday: closed

We respond to inquiries within 15 to 30 minutes during working hours

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International Law Company Maira Consult