Is VIALET a bank?

VIALET is an electronic money institution providing mobile app based account to its users.
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VIALET’s legal entity is UAB "VIA Payments", Reg. No. 304531663, with its office registered at: Konstitucijos prospektas 7, Vilnius, LT-09308, Lithuania, licensed as electronic money institution with license No. 16, issued on 10/10/2017, by the Bank of Lithuania (www.lb.lt).
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VIA Payments is owned by VIA SMS Group, which was founded in 2009 and is operating in 7 countries. VIA SMS Group is traded on NASDAQ and regulated by EU legislation. Read more about the Group: www.viasmsgroup.com
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How safe it is to use VIALET?

All funds are stored in the Bank of Lithuania, and under no circumstances will be used for any needs other than your own transactions.

We ensure 3-D secure system for your online purchases, allowing you to use all the features of a standard bank card, but without commissions and unnecessary visits to the banks.
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