Important news about Paysera: development of the company group and services, statistics, achievements, and other important information.
Paysera raised its authorised capital by four million euro
Paysera LT, a Lithuanian-born fintech company that collects e-payments for the majority of Baltic e-shops and provides payment services, has raised its authorised capital from EUR 3 million up to EUR 7 million. The capital was raised from the accumulated profit.
January 2021 • 3 min read
Festive trade online increased by 62%
Many residents in the Baltics have listened to the recommendations of medical professionals and governments to stay at home and shop for the holidays safely. This is evident from the growing holiday trade online. During the first half of December, shoppers spent 62% more money in Baltic e-shops than at the same time last year. Paysera LT, a payment processor which helps to collect buyers’ e-payments for the majority of Baltic e-shops, has calculated that the turnover of some merchants was doubled.
December 2020 • 3 min read
This year Black Friday shoppers spent twice as much as last year
Black Friday, one of the largest sell-offs in the Western world, focused online this year due to the COVID-19 situation. Buyers who wanted to avoid crowds in physical shops flooded Baltic online stores and spent twice as much as on the last weekend of November 2019, calculated Paysera LT, a payment gateway provider assisting e-shops in collecting buyers' e-payments.
Paysera predicts Black Friday turnover for e-shops to be 50% higher than in 2019
Black Friday, one of the biggest sale campaigns across the Western world, will be slightly different this year in the Baltics due to COVID-19 restrictions, but still as intense as ever. According to the payment processor Paysera, the volume of e-commerce on the previous, ordinary, weekend has already exceeded the sales of last year’s Black Friday weekend. Thus, residents in the Baltics are expected to spend approximately 50–60% more money online on the last weekend of November than the previous year.
November 2020 • 3 min read
In two months Paysera sold EUR 1.4M worth of physical gold
Paysera, having started trading physical gold at the end of September, which is unusual for fintech companies, in two months sold over EUR 1.4M worth of gold bars and coins. Most buyers have not collected their precious metal and it remains in the storage facilities of the company.
Paysera continues to expand in the Balkans: launched in Albania, eyeing Serbia
The Lithuanian-founded electronic payment network, Paysera, which provides a current account, money transfers, and in-store payment gateway services, is expanding to Albania. Paysera Albania, the third company of the Paysera network in the Balkans, is opening in the capital city, Tirana.
Fintech Paysera starts trading physical gold
Paysera LT has started trading gold. Unlike other fintech companies, Paysera LT will trade in actual bars and coins rather than units of this precious metal sold on the exchanges. Buyers will be able to store their gold, purchased via the app, at the company’s storage facilities, order home delivery or pick it up at the company HQ.
September 2020 • 2 min read
Paysera expands to Kosovo: why is it important to tackle emerging markets?
Earlier this summer we announced some exciting news – Paysera Kosovo secured the very first Electronic Money Institution (EMI) licence in Kosovo. It comes almost 10 years after the same thing happened in Lithuania, putting Lithuania on the world fintech map and boosting its e-commerce through easy and cheap online money collection. Since then the electronic payment network Paysera also settled in Estonia, Latvia, Bulgaria, and Romania, hoping to repeat its success story in these emerging markets.
September 2020 • 4 min read
Paysera became an official payment processor of Shopify
Shopify, one of the world's most popular e-commerce platforms, has integrated the ability to pay through the Paysera payment gateway. With Lithuania's largest electronic money institution enabled as an official payment processor of Shopify, e-traders will be able to activate customer payments through financial institutions with just a few clicks of a button.
August 2020 • 2 min read
More opportunities to buy a vehicle from abroad safely: Paysera launches an escrow service
Probably a good number of people or businesses have had to give up their initial thoughts of buying a car from abroad or making another purchase for fear that the seller could be unreliable. An escrow account opened for the seller and the buyer by Paysera LT will create more trust between the transaction parties.
August 2020 • 2 min read
To start or not to start fintech company during recession?
Microsoft, IBM, HP, Disney, FedEx, 3M. What do these companies have in common? They started their business during a recession.
August 2020 • 3 min read
SEPA Instant transfer limit increases from EUR 15,000 to 100,000
The European Payments Council has decided to increase the instant transfer limit from EUR 15,000 to 100,000 for residents and businesses in the euro area, starting July 1. From now on, even more transfers will reach recipients immediately after the money is sent.
July 2020 • 3 min read
Paysera electronic payment network has arrived to Kosovo: transfer prices will reduce, there will be no crediting fees
The electronic payment network Paysera is expanding to Kosovo. The Central Bank of Kosovo has already granted Paysera Kosovo the first Electronic Money Institution (EMI) licence in the country. Representatives of the licensed international network claim that transfers to Kosovars will also become cheaper, some by 25 times.
June 2020 • 3 min read
EUR 50 limit for contactless payments remains valid
EUR 50 limit for contactless payments with Paysera Visa card, increased during the quarantine, remains
June 2020 • 1 min read
How to make sure you speak to Paysera and not mobile scammers?
Modern scammers can sound very professional – speak politely and seem sophisticated, know your name, and even wish you a nice day after ripping you off. But don’t let them fool you.
June 2020 • 1 min read
Marius Pareščius to take care of Paysera’s development abroad
Starting June 1, Marius Pareščius, IT expert, businessman, and innovator, will be responsible for the development of the Paysera group abroad. He was appointed Vice President for Development of Paysera LTD.
June 2020 • 2 min.
E-shop numbers jump amid the national quarantines
After the announcement of the nationwide quarantines, many companies had to rethink their business models and shift to the e-commerce sector.
March 2020 • 2 min read
Paysera is working as usual during the COVID-19 outbreak
In these times of uncertainty, we will do our best to provide stability and confidence to our clients, partners, and employees.
March 2020 • 3 min read
Paysera is an international electronic money institution licensed by the Bank of Lithuania. It offers its clients a spectrum of services from personal and business accounts to a mobile application, a debit card, and payment collection at e-shops.