In 2012, Paysera became the first licensed e-money institution (EMI) in Lithuania. The company has been operating as a payments processor since 2004.

The Paysera e-wallet offers consumers the ability to pay and transfer money with just a few taps. It gives an up-to-date balance and instant notifications when funds are sent or received. Consumers can also make payments by simply entering their login credentials or scanning a QR code.

It’s accepted across the EEA, making it an ideal addition to the payment options of cross-border merchants.

Users of the e-wallet can also create a separate account for saving, free of charge. They can even set savings goals and deadlines and make automated payments from their wallet to their savings – factors contributing to regular consumer usage.