UAB TeslaPay

UAB TeslaPay Logo
Business Focus
providing payment cards and IBAN accounts

UAB TeslaPay is an electronic money institution focused on providing payment cards and IBAN accounts. UAB TeslaPay offers personal accounts with IBAN, business accounts with IBAN, prepaid cards to individuals, companies. Incorporated in Lithuania, UAB TeslaPay is authorized and regulated by the Bank of Lithuania.

Products
  • personal accounts with IBAN
  • business accounts with IBAN
  • prepaid cards
Clients
  • individuals
  • companies
Card Providers
  • MasterCard

Area Served

EEA

Personal Account

Payment Cards
physical
virtual
Personal IBAN
available
UK Account Number
not available
Customer Groups
EEA residents
Pricing Plans
Free
Start
Freelancer
Payment Cards

Personal Card (MasterCard) can be ordered together with Personal Account.

Personal IBAN vs EMI Banking Details
While TeslaPay uses an account holder's personal IBAN for some operations, TeslaPay's own banking details are used for the others.

Pricing Plans

Personal Account is offered with several pricing plans for different customer groups, namely Free, Start, Freelancer.

  • Free
  • offered to: EEA residents
  • Initial Fee 0.00 EUR
  • Monthly Fee 0.00 EUR
  • SEPA Outgoing 0.50 EUR
  • Start
  • offered to: EEA residents
  • Initial Fee 0.00 EUR
  • Monthly Fee 5.99 EUR
  • SEPA Outgoing 0.50 EUR
  • Freelancer
  • offered to: EEA residents
  • Initial Fee 0.00 EUR
  • Monthly Fee 7.99 EUR
  • SEPA Outgoing 0.50 EUR

Alternatives to TeslaPay Personal Account

See Also

Personal Cards

Card Type
prepaid
physical
contactless
Currency
single currency
EUR
Card Provider
MasterCard
Card Type

TeslaPay cards are prepaid cards, rather than debit cards.

Debit vs Prepaid Cards. Debit cards do not have a separate balance and are connected to an account or e-wallet. Such cards are are loaded automatically when the account/e-wallet is being topped up. Prepaid cards have a separate balance from an account or e-wallet. These cards have to be loaded manually, usually from the account/e-wallet.

TeslaPay cards are issued only as physical (plastic) cards and are delivered to the customer's address.

Currency

Personal Card is a single currency card, it can be issued in EUR only.

Card Issuer

Decta Limited

Card Fees and Limits
TeslaPay Card
Plastic Card Issuing Fee8.00 EUR
Virtual Card Issuing Fee1.00 EUR
Monthly Service Fee1.50 EUR
ATM Withdrawal FeeSEPA Region: 1.5%, min 3.00 EUR
non-SEPA Region: 2.5%, min 5.00 EUR
Maximum Balance Limit10,000 EUR
ATM Withdrawal Limitper month: 5,000 EUR
per day: 2,000 EUR

*) EEA stands for the European Economic Area and consists of Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.

Alternatives to TeslaPay Personal Payment Cards

See Also

Business Account

Business Account
Payment Cards
physical
virtual
Personal IBAN
available
Customer Groups
EEA based
Pricing Plans
S
M
Payment Cards

Business Card (MasterCard) can be ordered together with Business Account.

Personal IBAN vs EMI Banking Details
While TeslaPay uses an account holder's personal IBAN for some operations, TeslaPay's own banking details are used for the others.

Pricing Plans

Business Account is offered with several pricing plans for different customer groups, namely S, M.

  • S
  • offered to: EEA based
  • Initial Fee 150.00 EUR
  • Monthly Fee 50.00 EUR
  • SEPA Outgoing 0.50 EUR
  • M
  • offered to: EEA based
  • Initial Fee 150.00 EUR
  • Monthly Fee 100.00 EUR
  • SEPA Outgoing 0.50 EUR

Alternatives to TeslaPay Business Account

See Also

Business Cards

Card Type
prepaid
physical
contactless
Currency
single currency
EUR
Card Provider
MasterCard
Card Type

TeslaPay cards are prepaid cards, rather than debit cards.

Debit vs Prepaid Cards. Debit cards do not have a separate balance and are connected to an account or e-wallet. Such cards are are loaded automatically when the account/e-wallet is being topped up. Prepaid cards have a separate balance from an account or e-wallet. These cards have to be loaded manually, usually from the account/e-wallet.

TeslaPay cards are issued only as physical (plastic) cards and are delivered to the customer's address.

Currency

Business Card is a single currency card, it can be issued in EUR only.

Card Issuer

Decta Limited

Card Fees and Limits
TeslaPay Card
Plastic Card Issuing Fee8.00 EUR
Virtual Card Issuing Fee1.00 EUR
Monthly Service Fee1.50 EUR
ATM Withdrawal FeeSEPA Region: 1.5%, min 3.00 EUR
non-SEPA Region: 2.5%, min 5.00 EUR
Maximum Balance Limit10,000 EUR
ATM Withdrawal Limitper month: 5,000 EUR
per day: 2,000 EUR

*) EEA stands for the European Economic Area and consists of Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.

Alternatives to TeslaPay Business Payment Cards

See Also

Operations with Cryptocurrencies

No

TeslaPay do not conduct operations with cryptocurrencies.

See Also

Company Details

Country of Registration
LTLithuania
Company Number
304715528
BIC
TEUALT22
Authorized By
Bank of Lithuania
Authorization Number
LB000463
Authorization Granted
25 July 2018
Authorized Activities
  • issuance of electronic money
  • refund of electronic money
  • execution of payment transactions on a payment account (not covered by a credit line)
  • issuing payment instruments or acquiring payment transactions

UAB TeslaPay is authorized by the Bank of Lithuania (authorization number LB000463) for issuance of electronic money, refund of electronic money, 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 25 July 2018.

EEA Passport
Yes
Deposit Guarantee
No

Due to EEA passport rules UAB TeslaPay, can conduct its activities in any of the 31 EEA member states. UAB TeslaPay do not participate in deposit guarantee schemes.

Membership
SWIFT
SEPA

UAB TeslaPay is a SWIFT member and a SEPA (SCT) scheme participant.

MasterCard

UAB TeslaPay is connected to MasterCard payment card scheme.

See Also

Contacts

Dariaus ir Girėno str. 42 а, 02189, Vilnius, Lithuania
Website Languages
GBEnglish

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alternative banking solutions
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See Also