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Recent content by Kasper

  1. K

    Payrnet, has just had its Electronic Money licence revoked

    Found info on the official Central Bank of Lithuania website: In addition, the Bank of Lithuania restricted the right of UAB PAYRNET to dispose of the funds allocated to its activities with certain reservations. According to the information provided to the Bank of Lithuania, the institution is...
  2. K

    Payrnet, has just had its Electronic Money licence revoked

    Wamo said they would transfer money to another bank. But as I know, in the case of license revocation Payrnet must go through bankruptcy and their customers (in this case wamo) will not soon be able to transfer money to another bank or payment system. How soon will they transfer the funds and...