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ConnectPay UAB

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Trustpilot Rating

Reviews 51

Excellent

★★★★★

(4.7)

3.8

Entity type

Electronic Money Institution

Client type

Business

License

LB000440

Country

1

Lithuania

Year

"2018"

Employee Count

51-200

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Services

API integrationB2B AccountsB2C AccountsC2B AccountsDedicated IBANMulti-currency AccountSEPA TransactionsSWIFT TransactionsDedicated SWIFT IBAN
3.8

Total Score

Pricing of the services

4

Social media presence

4

Popularity of the service

5

Onboarding difficulty

3

Support quality

3

About ConnectPay UAB

ConnectPay UAB is authorized by the Bank of Lithuania (authorization number LB000440) for execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, execution of payment transactions via telecoms, IT system or network operator, account information services. The authorization was granted on 16 January 2018.

Pricing

Setup Fee

250 EUR

Monthly Maintenance Fee

50 EUR

SEPA Incoming

1-20 EUR

SEPA Outgoing

1-20 EUR

SWIFT Incoming

35-50 EUR

SWIFT Outgoing

35-50 EUR

FX Fee

Internal Fee

0 EUR

Currency

  • EUR

    (Euro)

  • USD

    (United States dollar)

  • AUD

    (Australian dollar)

  • GBP

    (British pound)

  • BHD

    (Bahraini dinar)

  • NOK

    (Norwegian krone)

  • SGD

    (Singapore dollar)

  • BGN

    (Bulgarian lev)

  • CAD

    (Canadian dollar)

  • CNY

    (Chinese yuan)

  • NZD

    (New Zealand dollar)

  • CZK

    (Czech koruna)

  • DKK

    (Danish krone)

  • HKD

    (Hong Kong dollar)

  • HUF

    (Hungarian forint)

  • ILS

    (Israeli new sheqel)

  • JPY

    (Japanese yen)

  • KES

    (Kenyan shilling)

  • KWD

    (Kuwaiti dinar)

  • ZAR

    (South African rand)

  • CHF

    (Swiss franc)

  • MXN

    (Mexican peso)

  • PLN

    (Polish złoty)

  • QAR

    (Qatari riyal)

  • RON

    (Romanian leu)

  • SAR

    (Saudi riyal)

  • SEK

    (Swedish krona)

  • THB

    (Thai baht)

  • TRY

    (Turkish lira)

  • AED

    (United Arab Emirates dirham)

Additional Information

  • Category 1 is assigned if the company is EEA based and the business activity is considered lower risk

  • Category 2 is assigned if the company is EEA based and the business activity is considered higher risk

  • Category 2 is assigned if the company is Non-EEA based and the business activity is considered lower risk

  • Category 3 is assigned if the company is Non-EEA based and the business activity is considered higher risk

  • Category 4 is assigned in case of ICO activity, regardless of where the company is based.

  • SEPA Instant is available. Card issuance is planned during Q4 (Mastercard)

  • 900 EUR initial deposit (50-70% is refundable) is required to initiate the onboarding process

Restricted industries

AdultCounterfeit GoodsArmsPonzi SchemesAnimalsBody Parts

Restricted countries

  • AFG

    (Afghanistan)

  • BDI

    (Burundi)

  • CAF

    (Central African Republic)

  • COG

    (Congo)

  • COD

    (Congo)

  • CUB

    (Cuba)

  • GIN

    (Guinea)

  • GNB

    (Guinea-Bissau)

  • IRN

    (Iran)

  • IRQ

    (Iraq)

  • LBN

    (Lebanon)

  • LBY

    (Libya)

  • MLI

    (Mali)

  • MMR

    (Myanmar)

  • NIC

    (Nicaragua)

  • PRK

    (North Korea (DPRK))

  • PSE

    (Palestine, State of)

  • SOM

    (Somalia)

  • SSD

    (South Sudan)

  • SDN

    (Sudan)

  • SYR

    (Syrian Arab Republic)

  • TUN

    (Tunisia)

  • VEN

    (Venezuela)

  • YEM

    (Yemen)

  • ZWE

    (Zimbabwe)

Trustpilot reviews

DA

Apr 29, 2022

Always a good experience

Always a good experience using ConnectPay payments service. We had questions about the deal, we received professional service the same day.

AP

Apr 24, 2022

Constantly improving services

It’s nice to see them constantly improving their services, UX just keeps on getting better. It’s a real pleasure doing business with such payments partner.

EA

Apr 21, 2022

ConnectPay - Simply the best

ConnectPay - simply the best. Smooth, great interface. Friendly people. What more can you ask for in a banking partner?

AZ

Mar 18, 2022

The best banking services so far!

The best banking services so far! I use their business account for SEPA transfers, now that they’ve got Instant payments it’s even better. Keep up the good job!

AN

Feb 25, 2022

This is how services should work

This is how services should work. Just amazed and satisfied with ConnectPay and its provided services.

AD

Dec 8, 2021

Amazing support team

For such a clumsy and oblivious person, who tends frequently to block the card their support team is a dream. Many times, they unblock my card within minutes. Amazing team.

LU

Nov 30, 2021

The team has been very attentive

I am not really a reviews person, but this time, I just had to do it. I had some issues with the onboarding process and the team surprised me in a good way by navigating me through every step of the way.

Finscanner is an independent digital platform aiming to provide up-to-date access to worldwide financial services to improve customer experience and boost transactions.

On this page, you can see a detailed review of ConnectPay UAB Payment systems with reviews from real users and our experts. ConnectPay UAB provides the following services: API integration, B2B Accounts, B2C Accounts, C2B Accounts, Dedicated IBAN, Multi-currency Account, SEPA Transactions, SWIFT Transactions, Dedicated SWIFT IBAN.

At the moment, ConnectPay UAB rating on Finscanner is 3.8 and on Trustpilot is 4.7.