cards and payments LYDIA SOLUTIONS (France) is an electronic money institution authorized and regulated by the Banque de France. LYDIA SOLUTIONS is focused on cards and payments. The company offers IBAN accounts, payment cards to individuals.
Lydia is a banking application for sending and receiving money, paying, saving
Payment receipts and instant transfers
As many accounts as necessary, to see things more clearly and regain control
Refunds and online prize pools
Savings, credits, investment and even discounts, in a single application
Hundreds of dedicated advisors are available by email or telephone to assist you as quickly as possible
(*)as stated by the company itself
13 August 2024, by Anna Mileiko
TheBanks.eu has developed a proprietary methodology to assign ratings to payment institutions based on their operating environment, company background, business model, market niche, product range, transparency, customer support and customer sentiment. According to the methodology, LYDIA SOLUTIONS is assigned the overall rating 3.41 (good) which is explained in details below.
| Operating Environment | Friendly | (4.06) |
| Product Range | Average | (3.05) |
| Market Niche | Narrow | (1.92) |
| Company Background | Poor | (2.43) |
| Customer Support | Average | (2.67) |
| Customer Sentiment | Excellent | (4.44) |
| Transparency | High | (4.08) |
| Overall Rating | Good | (3.41) |
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TheBanks.eu has also identified the following pros and cons of the company:
Lydia Account is a multi-currency account, allowing the account holder to have funds in the following currencies:
EUR (Euro)
GBP (Pound sterling)A payment card can be ordered together with Lydia Account.
Dedicated IBANs assigned to Lydia Account belong to France.
Lydia Account is offered to EU residents.
Lydia Account is offered with several pricing plans for different customer groups, namely Standard, Lydia+, Lydia Green+, Lydia Black+.
LYDIA SOLUTIONS is neither registered with the Autorite Des Marches Financiers (AMF) as a digital asset service providers, nor offers any crypto assets services.
DASP registration is mandatory to provide: 1. digital asset custody; and/or 2. buying or selling digital assets in a currency that is legal tender; and/or 3. trading of digital assets against other digital assets ; and/or 4. operation of a trading platform for digital assets.
LYDIA SOLUTIONS is not registered with the AMF as a digital asset service providers.
LYDIA SOLUTIONS do not offer crypto assets services.
France
LYDIA SOLUTIONS is authorized by the Banque de France as a e-money institution (reference number 62677) for issuance of electronic money, distribution and redemption of electronic money, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, account information services, payment initiation services; the authorization was granted on 2 March 2023.
LYDIA SOLUTIONS 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, LYDIA SOLUTIONS is required to safeguard its customers’ money.
Due to EEA passport rules LYDIA SOLUTIONS, can conduct its activities in any of the 30 EEA member states.
LYDIA SOLUTIONS is a SWIFT member and a SEPA (SCT, SCT Inst, SDD, SDD B2B) scheme participant.
LYDIA SOLUTIONS is connected to Visa payment card scheme.
14 avenue de l'Opéra, 75001, PARIS, FranceEnglishFrench
United Kingdom
Lithuania
Ireland
Lithuania
France
Lithuania
