Paysera HQ

Important news about Paysera: company group and services development, numbers, achievements, and other important information.

How to enjoy online sales and avoid scams online?

November is famous for its discounts, whilst December – for the last minute Christmas gift shopping. However, at the end of the year the internet is loaded not only with great offers but also by scams and phishing attacks – taking advantage of distracted impulse buying. How to avoid phishing and not to lose money when doing your Christmas shopping?

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Meet Paysera at Mobile World Congress! 

The Paysera team is already packing its bags before the takeoff to Barcelona, Spain, where company representatives will participate in a 4-day-long Mobile World Congress event. During the networking sessions, the team is hoping to meet its future business partners and has an open call to anyone interested in mingling.

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Paysera Albania secures an electronic money licence!

The Central Bank of Albania has granted an electronic money institution (EMI) licence to Paysera Albania, making it the third country in the Paysera Network to secure this licence. Other licences are currently held by the Network pioneer Paysera Lithuania as well as Paysera Kosovo.

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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.

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Press release: 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.

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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.

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Paysera predicts double turnover from last year’s for e-shops during Black Friday sales 

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.

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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.

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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. 

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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.

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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. 

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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.

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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.

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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.

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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.

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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.

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EUR 50 limit for contactless payments remains valid

EUR 50 limit for contactless payments with Paysera Visa card, increased during the quarantine, remains

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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.

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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.

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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.

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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.