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All you need to know about open banking.

POSTED ON: 10 Jun, 2019

All you need to know about open banking.

Open banking is a system that uses APIs (application programming interfaces) in order to connect financial institutions into one network. The system has a set of basic standards that regulate the way financial data is created, shared and accessed by the various players in the scene. Shifting away from centralization…

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Open Banking for Beginners

POSTED ON: 12 Apr, 2019

Open Banking for Beginners

If you are interested and familiar with the sphere of financial technologies, you have sure heard the words Open Banking on multiple occasions, especially after the implementation of PSD2 in the EU. It often appears on various media channels, yet there is rarely a specific definition given to the term…

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What are APIs and how are they reshaping the financial industry?

POSTED ON: 29 Mar, 2019

What are APIs and how are they reshaping the financial industry?

Those involved in the sphere of finance have sure noticed the recent overflow of information on the topic of open banking. This fairly new concept is expected to bring around a set of challenges and possibilities for the companies that operate in the industry. Although it is not yet clear…

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Everything you need to know about PSD2

POSTED ON: 21 Jan, 2019

Everything you need to know about PSD2

The introduction of the new Second Payment Services Directive regulations, also known as PSD2, is bringing a major change for customers, businesses and financial institutions. It might not sound like much today, but it is believed that it will completely transform the way we use and move around our money.…

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SatchelPay is a principal member of MasterCard Europe for card issuing.

SatchelPay UAB (reg Nr. 304628112) is licensed by the Supervision Service Department of the Central Bank of Lithuania and granted electronic money institution licence Nr. 28, with a payment system participant code Nr. 30600, that conducts business under the laws of the Republic of Lithuania, according to the EU Directive (2009/110/EC) and Directive (EU) 2015/2366 on EU-wide payment services. SatchelPay UAB is allowed to render financial services in the following countries: Austria, Belgium, Bulgaria, Cyprus, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.

info@satchelpay.com

+370 5214 1818


Head office

A. Goštauto g. 40-1,
Vilnius, LT-03163,
Lithuania








SatchelPay is a principal member of MasterCard Europe for card issuing.

SatchelPay UAB (reg Nr. 304628112) is licensed by the Supervision Service Department of the Central Bank of Lithuania and granted electronic money institution licence Nr. 28, with a payment system participant code Nr. 30600, that conducts business under the laws of the Republic of Lithuania, according to the EU Directive (2009/110/EC) and Directive (EU) 2015/2366 on EU-wide payment services. SatchelPay UAB is allowed to render financial services in the following countries: Austria, Belgium, Bulgaria, Cyprus, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Gibraltar, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.