The acquisition was driven by a decisive move to protect clients. When the former partner, responsible for card issuance, decided to cease operations and terminate services for all external clients, thousands of Paysera cards used by businesses and private clients were at risk of immediate suspension. Paysera stepped in to acquire the operations, prioritising service continuity above all else.

Currently, Paysera is the sole remaining client of UAB Finansinės paslaugos Contis.

"This acquisition was, first and foremost, a commitment to our clients. In a situation where we had to choose between potential service disruption and immediate action to secure the infrastructure, we chose the latter. Today’s approval validates that strategy: despite the complex transition, our clients experienced no service interruptions," said Justina Šidlauskienė, CEO of Paysera.

With regulatory approval secured, Paysera has stabilised the situation and is now positioned to become a Direct Visa Principal Member. This shift eliminates reliance on intermediaries, enabling faster service delivery and greater flexibility for clients.

Paysera acknowledges that the urgency of the initial ‘rescue operation’ led to the transaction being completed prior to formal regulatory clearance. The company emphasises that the Bank of Lithuania was informed of the critical situation and the intended transaction in advance.

While a penalty was imposed for the procedural timing, Paysera is currently contesting the proportionality of the measure through legal channels. The company maintains that the decision was driven by force majeure circumstances and the absolute necessity to prevent a systemic failure affecting 165,000 payment cards.