paysera introduction
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E-PAYMENTS SYSTEM
Paysera - what is it?
✓ Paysera is a flexible electronic payments system created in Lithuania more than 10 years ago, successfully operating on the international scale.
✓ Paysera system is rapidly expanding around the world by adapting international solutions to local markets.
✓ At the moment the system cooperates with partners and expands its network in Latvia, Ireland, Bulgaria and Georgia.
✓ Active development to other countries is carried out continuously.
About the company
The company has been established in 2004 in Lithuania
At the moment the company counts 85 employees
Paysera services are provided in 184 countries
Paysera cooperates with more than 70 banks all over the world
Paysera services are used by more than 200 000 clients
Payments are collected by more than 5 000 active projects
In 2015, 635 thousand monetary operations for the amount of 754 M EUR were performed
Transfers were carried out to 120 countries in 31 different currencies
The system accepted 2,1 M payments for the amount of 98 M EUR
Company's income reached 4,5 M EUR
Paysera is the leader in payment collection in the Baltic States. Paysera service of payment collection is used by more than 90% of Lithuanian e-shops.
Statistics of the year 2015
With the aim to control unreasonably high bank fees, the European Union has issued a directive, which allows Electronic money institutions to operate on a more competitive market.
EU directive "On the taking-up, pursuit of and prudential supervision of the business of electronic money institutions“ issued in the year 2000 has created the definition of the electronic money institution.
The beginning of e-money institutions
The beginning of e-money institutions in Lithuania
In 2012, the Law on Electronic Money and Electronic Money Institutionshas been issued, which states that:
Electronic money institution is an institution which has been granted the License of an electronic money institution or the Limited purpose license of an electronic money institution, giving the right to issue electronic money in the Republic of Lithuania and other member states of the European Union.
Electronic money is a monetary value issued by the electronic money issuer, bearing the following features:is stored on electronic, including magnetic, storage media;is used to perform payment operations;is accepted by persons other than e-money issuers.
E-money issuer is a credit or e-money institution.
Paysera is the first licensed e-money institution in Lithuania!
According to the Law on Electronic Money, the institution
shall protect its clients' funds by one of the following
methods:
by separating them from funds of other natural and legal persons who are not holders of electronic money. Clients' funds shall be stored on separate accounts opened in credit institutions of the Republic of Lithuania or another member state of the EU, or invested into safe, liquid and low-risk assets according to the procedure established in the legal acts adopted by the supervisory body.
by securing funds with the insurance agreement or with a guarantee, surety bond, issued by an insurance company or a credit institution of the Republic of Lithuania or another member state of the EU, which does not fall under the same group as the e-money institution.
Security of electronic money
Security by Paysera
Money of Paysera clients is safe, because it:
is not used for the needs of the company, lent or invested;
is held only on special bank accounts opened specially for clients' money;
cannot be subjected to recovery of debts of the electronic money institution.
Unlike banks, Paysera does not have to insure clients' money, as it does not risk it.
All client data is stored and duplicated on different servers. Even in case of a system failure or a fire, client data will always remain safe.
Just like all financial institutions in Lithuania, Paysera is supervised by the Bank of Lithuania.
Internal process and external financial audits are often carried out in the company.
E-money institutionE-money institution Bank Credit Union
Lithuanian system of financial institutions
Financial institution
Financial company
Payment institution
Credit institution
Paysera grants loans with the help of the partner network
SERVICESand benefits for private and
business clients
Paysera account
Paysera account is created online in several minutes.
The account can be opened from any country.
Registration and account administration are free of
charge.
Account can be managed via mobile phone.
No PIN code cards or generators are needed. You can log
in by indicating your email address or phone number.
Paysera account can be linked with any bank card.
The account is multi-currency and available from any
point in the world.
Cheapest money transfers on the market.
Free transfers in euro for private clients.
International transfers at local rates.
Paysera VISA payment card.
Best currency exchange rate, 24/7.
Cashback for online purchases to Paysera account.
Loans via partners on favourable conditions.
Affiliate program to earn money.
Services and benefits
Cheaper cash-out service at ATMs abroad.
Payments at points of sale accepting VISA cards in
Lithuania and abroad.
Payments for goods at e-shops.
Currency of Paysera VISA - Euro.
A possibility to link the card with PayPal system and
transfer money.
Paysera VISA card
The account is managed with a free application.
Paysera application works with Android, iOS and
Windows Phone operational systems.
You can transfer money to another Paysera user free of
charge in a few seconds.
Transfers can be performed by choosing the recipient
from your mobile address book or manually entering the
recipient's phone number or email address.
With the mobile wallet you can also manage your Paysera
VISA account or link the application with another bank
account.
There are more than 200 points of sale where you can
pay by QR codes.
You can also pay by scanning QR codes from the monitor
or invoice when shopping online.
Mobile wallet
STANDARD TRANSFERS - FREE OF CHARGE
30 free standard transfers in euro a month for private
clients to any country in Europe*.
Transfers between Paysera clients in real time.
Payments for most utility services.
URGENT TRANSFERS
International transfers at local rates.
Performed each day from 8 AM till 8 PM and reach the
recipient account in 15-30 min.
Transfers in more than 30 different currencies.
* - EU and EEA countries (Norway, Iceland, Switzerland and Liechtenstein).
Money transfers in Euro
International transfers at local rates.
Transfers available in more than 30 different
currencies.
Most transfers are free of charge or do not exceed 3,25
EUR, and are usually performed in 1 business day.
Two different prices are applied - standard and local.
Standard fee is valid for all Paysera clients, while local
fee is valid for residents of the specific country or
owners of an account in certain banks in the country.
Transfers in other currencies
Comparison of transfer prices among systems
When transferring 1000 USD, the recipient in Lithuania will receive:
When transferring 1000 GBP, the recipient in
Lithuania will receive:
Cash operations
Replenishment methods:
Adding funds via a bank transfer.
Cashing in at Paysera ant partner points of sale.*
Linking the account with a bank card.
Withdrawal methods:
Cashing out with Paysera VISA card at ATMs.
Transfering money to another bank account.
Cashing out at partner points of sale.
*You have to bring a printed multiple-use code which can be generated on your Paysrea account
COLLECTION OF PAYMENTS
Payment Collection via the Internet
One agreement, one integration - major Lithuanian and
foreign banks in one place.
Direct connection with 98 % of banks in Lithuania, Latvia
and Estonia.
Payments are performed via banks, by payment cards or
by cash in kiosks and partner terminals.
BENEFITS FOR BUYERS – they will always find a
convenient way to pay. When paying via Paysera, buyers
receive up to 1 % cashback from their purchase.
BENEFITS FOR SELLERS – all banks and payment methods
in one place. Easy integration and accounting. The system
is safe to use, all information and bank logotypes are
provided, money reach the seller in real time and is
avalable for further operations.
Collection of Payments via SMS Messages
No registration or maintenance fees.
Commission fee is applied for each received payment
separately. No income - no commission fees to pay.
One integration and payments can be collected all
around the world, in more than 65 countries.
Competitive payout percentage - in Lithuania from 50,7%.
A possibility to use different keywords for different
countries.
All payments on one account in real time.
Collection of payments at POS
Paysera Retailers - a free application for sellers. Your
phone is the cash register. No additional equipment is
necessary.
Integration to POS systems (R-Keeper, nPoint, Presta).
Payments are performed by scanning QR codes in a few
seconds.
Clients do not have to wait for the waiter in order to pay,
and the waiter does not have to bring the bill, change or
the receipt.
Commission fee is lower than for bank cards and a celling
for the commission is applied. No registration or
maintenance fees.
Payments to seller's account are credited in real time and
money can be used immediately.
Ticketing system for event organizers
Tickets are sold on the ticketing system's page or by
integrating a widget to the website of the event.
Plenty of payment methods in one place.
Money for sold tickets reaches the account of the seller in
real time.
Easy configuration of different types of tickets, price
segments, halls and stadiums of different layout, discount
systems.
The buyer does not have to register - just to indicate
his/her email address where tickets will be sent.
If needed, additional buyer's data can be collected: city,
sex, t-shirt size and more.
How does the ticketing system work?
The guest chooses a ticked, fills in required information
and pays for the ticket with the payment methods s/he
chooses. No additional fees are applied to the buyer.
The purchased ticket is sent in PDF format to the email
address indicated by the buyer.
The buyer has to print the ticket or save it on his/her
mobile phone.
QR code is a ticket identifier which can be scanned and
checked with any Adroid device using Paysera Tickets
application.
Paysera ticketing system is FREE OF ANY CHARGE.
Ticketing application is also FREE OF CHARGE.
Commission fee to the seller is applied only for sucessfully sold tickets.
Unique Payment Solutions for Business
Paysera successfully cooperates and creates individual payment solutions for business:
Payments at school cafeterias;
Payments for goods at vendor machines;
Payments for parking;
Paysera account is used for client identification.
Paysera is used and recommended by
For more information contact:
www.paysera.com
Tel. +370 5 2071558
Mėnulio st. 7, Vilnius
Start saving money and time - use Paysera!