Glocash Payment UAB is an electronic money institution focused on payment processing for e-commerce. Glocash Payment UAB offers payment processing, risk management, checkout optimization to merchants. In 2019 Glocash Payment UAB had total customer funds to be safeguarded of 5.52 mln EUR, Glocash Payment UAB generated gross profit of 1.86 mln EUR. Incorporated in Lithuania, Glocash Payment UAB is authorized and regulated by the Bank of Lithuania.
Glocash Payment do not conduct operations with cryptocurrencies.
Glocash Payment UAB is authorized by the Bank of Lithuania (authorization number LB000431) for placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), issuing payment instruments or acquiring payment transactions, money remittance. The authorization was granted on 21 November 2017.
Due to EEA passport rules Glocash Payment UAB, can conduct its activities in any of the 31 EEA member states. Glocash Payment UAB do not participate in deposit guarantee schemes.
Glocash Payment UAB is a SWIFT member.