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4th September update
We wanted to provide a further update on our programme of returning safeguarded funds to customers. As anticipated on our last update, we have managed to return the majority of e-money funds to customers by the end of August 2023, principally by means of migrating whole programmes to new service providers. By the end of…
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22 August Update
We wanted to provide you with an important update regarding the return of your funds from UAB PayrNet. As you may be aware, we recently announced our wind-down plans, including the intention to refund all customer balances by August 22nd. Although we have made good progress, a more complex reconciliation process than anticipated has taken…
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25 June Regulatory Update
Important notice to our customers, partners, and endusers in the EU/EEA UAB PayrNet: We regret to inform you that, on 22 June 2023, the Bank of Lithuania made the decision to revoke the electronic money institution license of UAB PayrNet. This means we are no longer able to provide electronic money and payment services to…
