With such a licence in hand, Nayax Europe, UAB will provide services for the products distributed by the the Nayax group in different countries. This group operates in vending machine service, telemetry. Its parent undertaking has been established in Israel, subsidiaries operate in Australia, China, the USA, the United Kingdom, Germany, Mexico, Canada, Cyprus and New Zealand.
UAB SHIFT Financial Services LT plans to offer its services in more than 13 European and 90 Middle East, African and Far East countries, making use of the intermediary headquarters’ network, including post offices and banks. In addition to the money remittance service, it also plans to provide currency exchange services. The institution’s main shareholder is the company SHIFT Financial Services Ltd, holding a payment institution licence for money remittance issued by the Supervisory Authority of the United Kingdom.
