LYF is an electronic money institution focused on mobile payment platform. LYF offers mobile e-wallets, mobile payment processing to individuals, online merchants. Incorporated in France, LYF is authorized and regulated by the Banque de France.
LYF do not conduct operations with cryptocurrencies.
*) Based on the information from Apple App Store.
LYF is authorized by the Banque de France for execution of payment transactions on a payment account (not covered by a credit line), issuing payment instruments or acquiring payment transactions. The authorization was granted on 14 February 2014.
Due to EEA passport rules LYF, can conduct its activities in any of the 31 EEA member states. LYF do not participate in deposit guarantee schemes.