processing payment related to Google Google Payment Lithuania UAB (Lithuania) is an electronic money institution authorized and regulated by the Bank of Lithuania. Google Payment Lithuania is focused on processing payment related to Google. In 2023 Google Payment Lithuania UAB total safeguarded customer funds were 0.00 EUR and revenue was 0.00 EUR.
Google Payment Lithuania is neither registered with the Financial Crime Investigation Service (FCIS) as a virtual asset services provider, nor offers any crypto assets services.
The FCIS is responsible for supervision of the activities of Virtual currency exchange operators and (or) Depository virtual currency wallet operators related to the prevention of money laundering and/or terrorist financing.
Google Payment Lithuania UAB is not registered with the FCIS as a virtual asset services provider.
Google Payment Lithuania do not offer crypto assets services.
| thn EUR | 2022 | 2023 | change (%) |
|---|---|---|---|
| Customer Funds | 0.00 | 0.00 | 0.00% |
| Total Equity | 2,366.00 | 2,366.00 | 0.00% |
| Revenue | 28.00 | 0.00 | -100.00% |
According to the Electronic Money Directive of the European Union, an electronic money institution must safeguard customer funds in a separate account in a credit institution or invested in secure, liquid low-risk assets. Google Payment Lithuania keeps its customer funds as follows:
| thn EUR | 2023 |
|---|---|
| Customer Funds In Central Banks | 0.00 |
| Customer Funds In Credit Institutions | 0.00 |
| Customer Funds In Low-Risk Liquid Assets | 0.00 |
According to the Electronic Money Directive of the European Union, an electronic money institution must maintain a certain level of own funds which is calculated as a maximum of the initial capital required and 2.00 % of its customer's funds. Google Payment Lithuania own funds adequacy calculation is shown below:
| thn EUR | |
|---|---|
| Initial Capital Requirement | 350.00 |
| Customer Funds | 0.00 |
| Customer Funds Requirement (2%) | 0.00 |
| Own Funds Requirement | 350.00 |
| Own Funds | 2,366.00 |
| Rank | Name | Market % | Customer Funds |
|---|---|---|---|
| 67 (-5) |  Blender Lithuania UAB | 0.00 % | 0.00 EUR |
| 68 (+2) | Google Payment Lithuania UAB | 0.00 % | 0.00 EUR |
| 69 |  FinCause, UAB | 0.00 % | 0.00 EUR |
Lithuania
Google Payment Lithuania UAB is authorized by the Bank of Lithuania as a e-money institution (authorization number LB000486) for issuance of electronic money, distribution and redemption of electronic money, execution of payment transactions on a payment account (not covered by a credit line), issuing payment instruments or acquiring payment transactions, account information services, payment initiation services; the authorization was granted on 20 December 2018.
Google Payment Lithuania UAB is not a bank, it can't collect deposits from public or loan out its clients’ money. Hence, it does not have to participate in deposit guarantee schemes. However, Google Payment Lithuania is required to safeguard its customers’ money.
Due to EEA passport rules Google Payment Lithuania UAB, can conduct its activities in any of the 30 EEA member states. Google Payment Lithuania UAB can provide its services toUK-based customers via Google Payment Limited (United Kingdom).
Vilniaus m. sav. Vilniaus m. Jogailos g. 4, 01116, Vilnius, Lithuania
+370 800 31469
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Lithuania
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Lithuania
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