Paysera Bank Georgia, the holder of the first digital bank license in Georgia, offers its customers the promised services both remotely and through the branch (4/2 Tsereteli Ave., Tbilisi).

Paysera Bank Georgia is the first commercial bank that, in addition to a Georgian bank account, can offer a European, international bank account to its customers. This will allow Georgian customers to simultaneously have access to both Single Euro Payment (SEPA, SEPA INSTANT) and Georgian National Payment (RTGS) systems.

By bringing together the Single Euro Payment Area system (SEPA) and the National Payment System of Georgia into one application and offering it to the customers, Paysera Bank Georgia practically combines these two payment systems and gives both natural and legal persons in Georgia the opportunity to use both systems without restrictions.

The European SEPA INSTANT system will enable Paysera Bank Georgia customers to make transfers and receive deposits in Euro instantly, 24/7. Most importantly, the transfer/deposit time does not exceed a few seconds, and this service is already available even though the instant payment system has not yet been implemented in the Georgian National Payment System.

The service offered by Paysera Bank Georgia to the customers makes international (Euro) transfers easier and more compatible with local GEL transfers.

In addition, Paysera Bank Georgia offers its customers an unprecedentedly low service rate if they use SEPA and SEPA INSTANT. In particular, the cost of the transfer in euros will be fixed - 7.0 euros.

From today, Georgian customers have the opportunity to use the Paysera Super APP, in which, in addition to the European IBAN, they will find a wide selection of products, including completely unique platforms for e-commerce. Paysera Super APP combines all digital opportunities available in Europe and Georgia. Georgian customers can enjoy all the advantages that citizens of EU member states have.

By 2023, SEPA will cover 36 countries - all EU member states; 3 countries of the European Economic Area (Norway, Liechtenstein, Iceland); Also, Monaco, Switzerland and the United Kingdom. Paysera offers users currency exchange in more than 30 different currency units, including the pound sterling.

The customers can now download the Paysera Bank Georgia app or visit the branch and become a „Paysera European“, which means having an international, European account and enjoying all the advantages enjoyed by Paysera European customers.

Additional information: Paysera is a Lithuanian fintech company based on an innovative technological business model, which enables it to provide customers with desired services through simple digital solutions. Throughout 12 years, the company has already acquired more than 500,000 customers and this is due to its reliability, simplicity, speed and affordable prices. As an N1 EMI license holder by the Central Bank of Lithuania in 2011, it fully covers all countries in the European Economic Area, and its partner network includes Lithuania, Latvia, Estonia, Kosovo, Albania, Bulgaria, Romania, Switzerland and now Georgia.