Assisting USA alternative payments giant on entrance to EU

We assisted an e-payment company registered in California, US, Alternative Payments, operating worldwide and servicing over 100 000 websites in incorporating a European unit in Lithuania and in obtaining a licence for the provision of financial services throughout the European Union. Alternative Payments and the payment solutions offered by it meet the highest proprietary information security standard Payment Card Industry Data Security Standard (PCI DSS).

Client was represented at the Lithuania Bank by partner Inga Karulaitytė-Kvainauskienė who also led the team in drafting necessary documentation.

Please find more about it on business daily portal vz.lt (in Lithuanian language).