Paysera
Lithuania's first licensed e-money institution, with euro and non-euro transfers, cash pickup transfers and business tools in one account
Quick Overview
| Company | Paysera |
|---|---|
| Category | International Money Transfer Services |
| Headquarters | Vilnius, Lithuania |
| Founded | Not stated |
| EU Presence | Yes - Lithuania (EU) |
| Data Location | See privacy policy |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Euro and non-euro transfers, currency exchange, cash pickup transfer, transfer to card, Paysera Checkout, POS, mobile app |
| Pricing | Price list on a separate fees page; see website |
| Best For | Residents of Baltic and Central European markets wanting an account with transfers |
| Replaces | Western Union, Remitly (for euro and FX transfers) |
Detailed Review
Paysera calls itself the first licensed e-money institution in Lithuania, from 2012, with a team of over 700 across more than 30 countries per its about page.
The fee pages separate transfers in euro, transfers in other currencies, cash pickup and transfer to card, so different needs have different price tables.
Account first, remittance second
This is a payment account with a transfer capability, not a remittance app. You hold balances and send from them.
Country menu
The country selector lists Lithuania, Latvia, Estonia, Bulgaria, Spain, Romania, Poland, the UK, Germany, Algeria, Albania, Kosovo, Ukraine, France, Georgia and North Macedonia.
Business side
Checkout, POS and QR payment products sit beside the personal account.
Limitations to Consider
The pages read did not state the legal entity name or the supervisor, and the English fee tables were not read, so costs are not quoted here. It is not a corridor specialist, so for cash payouts in Africa look at WorldRemit. Availability differs by country menu.
Who Should Use Paysera
People and small firms in Baltic and neighbouring markets who want one account for local and cross-border payments.
Pros and Cons
Pros
- Lithuanian e-money pioneer
- Euro and non-euro transfers
- Cash pickup and card transfers
- Business products
- Many language options
Cons
- Legal entity and regulator not read on checked pages
- Not a remittance specialist
- Fee tables not quoted
- Features vary by country
Alternatives to Paysera
Other European international money transfer services worth comparing before you decide:
TransferGo
United Kingdom / Lithuania · Vilnius-rooted sender paying out to 160+ countries from Europe
Paysend
United Kingdom · Scottish e-money firm with card, wallet and bank payouts
LemFi
Ireland · Migrant-focused app sending from Europe to Africa and Asia
Wise
United Kingdom · Per-use transfers and a multi-currency account, no subscription
See all European international money transfer services or compare them directly against Western Union on our alternatives page.
Frequently Asked Questions
Yes, it describes itself as a Lithuanian e-money institution.
Its fee pages list a cash pickup transfer.
Yes, with checkout, POS and business service fee pages.