The company will offer IBAN accounts in euros and pounds sterling for individuals and companies in 27 EU countries in the coming days.
Mercury Cash has been registered this Monday, July 12, 2021, by Lithuania’s Central Bank as an agent of Payrnet UAB, which will allow offering IBANs in EUR and GBP in 27 countries of the European Union.
The IBAN services of the Mercury Cash platform will be provided by Adentertech OÜ (trade name “Mercury Cash”) as an authorized EMI agent working under the license of Payrnet UAB (Nr. 72) and supervised by the Central Bank of Lithuania for the distribution and redemption of electronic money.
This, besides reinforcing the institutional solidity of the platform and reaffirming compliance with the regulatory guidelines designated by the countries that make up the European bloc, configures Mercury Cash as one of the most advanced fintech companies in the financial industry.
This new regulatory step will allow Mercury Cash clients to have access to bank accounts in Euros and Pounds Sterling on the same platform, with a single access credential, and with all the tools a treasurer needs, Treasury management, accounting package, batch payments (payroll), payment processor and many more.
With this new achievement, Mercury Cash customers will now be able to:
– Obtain bank accounts in EUR and GBP in the name of individuals and companies connected to the SEPA payment network.
– Get debit cards.
– Use your balances to enjoy selected platform services.
Thank you for being part of Mercury Cash, we continue year after year building the future of the industry.
Mercury Cash Team
You can check our registration on the bank of Lithuania website.