LV

Market

UAB “Pyrros Lithuania”

Registration number
LB000464
Legal address
A. Goštauto str. 8-112, LT-02189, Vilnius, LT-01108
Country of origin
Lithuania
Supervisory authority

Market segments

Market segment
Payment service providers
Phone
447795562935
Other market segments

Licenses / Types of activities

Electronic money institutions
Freedom to provide services
Payment service providers
Service providers from the EEA
Services enabling cash to be placed on a payment account as well as all the operations required for operating a payment account
Date: 25.04.2020
Execution of payment transactions, including transfers of funds on a payment account with the user`s payment provider or with another payment service provider
Date: 25.04.2020
execution of direct debits, including one-off direct debits
execution of payment transactions through a payment card or a similar device
execution of credit transfers, including standing orders
Issuing of payment instruments
Date: 25.04.2020
Acquiring of payment instruments
Date: 25.04.2020
Issuing electronic money
Date: 25.04.2020

How to become a market participant

In order to become a participant of Latvian financial and capital markets and commence business activities, a credit institution, an insurance company, a reinsurance company, an insurance broker, a credit union, an investment management company, an investment firm, an operator of regulated market, a pension fund, a payment institution, an electronic money institution, as well as an alternative investment fund manager shall obtain operating authorisation (licence).

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