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AlphaPay management
2023. 06.27.

Official Notification of Business Name Change

We would like to share some important news regarding our company that directlyimpacts our relationship with you. As part of our commitment to continuously improve and expand our offerings, our company, previously known as “NovaPay” UAB, has undergone a significant rebranding and will now be known as AlphaPay, UAB. This name change reflects our ongoing dedication to broadening our market reach and enhancing our services, while also elevating our brand recognition.

Alongside our new name, we have updated our contact details and website address. Below are the new details:

It is important to note that the changes are in name and contact information only. The ownership and staff remain the same, and our dedication to providing you with exceptional services remains unwavering.

We request you to kindly update your records accordingly and direct all future correspondence to our new name and contact details.

We understand that changes such as these can raise questions and we are here to support you through this transition. Rest assured, we have taken measures to ensure a seamless changeover to minimize any inconvenience.

We are grateful for your continued support and understanding during this period of transition. If you have any questions or require further clarification, please do not hesitate to contact us at our new phone number or email address.

We look forward to continuing to serve you under our new name, AlphaPay, UAB.

Az AlphaPay UAB Sepa Instant tag lett
NovaPay management
2021. 08.30.

NovaPay has been registered as a SEPA Instant provider

Our Company has connected to the SEPA Instant system in August 2021,instant transfers can be now made in a few seconds

Through this LINK you can check the Instant participants, our company is on page 116 under Lithuania -NovaPay

https://www.europeanpaymentscouncil.eu/sites/default/files/participants_export/sct_inst/sct_inst.pdf

NovaPay has been registered as a SEPA Instant provider
NovaPay management
2021. 07.16.

NovaPay UAB licence passported

Passporting of our services has been completed and accepted in all European Union Countries, and we can offer the following services:

DESCRIPTION OF THE ACTIVITY  NAME OF ACTIVITY  DECISION GRANTING AUTHORISATION DATE OF AUTHORISATION  COVERAGE 
Services enabling cash payments to a payment account, and all activities necessary for the management of a payment account  PSD2 - 1. Services enabling cash to be placed on a payment account as well as all the operations required for operating a payment account.  No information  2021.07.14  No information 
Services enabling cash withdrawals from a payment account, and all activities necessary for the management of a payment account.  PSD2 - 2. Services enabling cash withdrawals from a payment account as well as all the operations required for operating a payment account. No information  2021.07.14  No information 
payment service; execution of a payment transaction - direct debit, the the payee initiates the payment transaction during which the payer the payment account is debited on the basis of his consent PSD2 - 3. Execution of payment transactions, including transfers of funds on a payment account: a) execution of direct debits, including one-off direct debits No information  2021.07.14  No information 
making payment transactions by payment card or similar a cash substitute for cash or other means of payment, including transfer of funds to a payment account PSD2 - 3. Execution of payment transactions, including transfers of funds on a payment account: b) execution of payment transactions through a payment card No information  2021.07.14  No information 
 payment service; payment transaction - credit transfer, regular payment a regular transfer order, the execution of a payment transaction, the execution of a regular transfer order debited to the payee's account with the payee PSD2 - 3. Execution of payment transactions, including transfers of funds on a payment account: c) execution of credit transfers, including standing orders. No information  2021.07.14  No information 
payment services; the payment service provider is contractually obliged to provides a cash substitute payment instrument to the payer/ transfers money to the payee PSD2 - 5. Issuing of payment instruments and/or acquiring of payment transactions. No information  2021.07.14  No information 
a payment service where the payer and payee are named without opening a payment account for the payer and the payee PSD2 – 6. Money remittance. No information  2021.07.14  No information 

 

https://intezmenykereso.mnb.hu/Details/Index?LId=248583&EntityType=Institute&expandAccordions=Tevekenysegek

NovaPay management
2021. 05.14.

NovaPay has developed an APP

NovaPay has developed an APP based on customer and market demands where the customer can register online through the APP and open a personal or Corprate account online. The APP can be downloaded from Google Pay or the App Store.

NovaPay has developed an APP
NovaPay management
2020. 07.25.

NovaPay was granted a PI licence

Our company was granted a Payment Institution licence on July 23, 2020, by the National bank of Lithuania and commenced its operations then.

https://www.lb.lt/en/enforcement-measures-1/view_license?id=1957

NovaPay was granted a PI licence