Does Nexpay offer business accounts?
Yes, we do offer business accounts suited for many industries. More information about our business account features can be found on our homepage: paynexpay.com.
Does Nexpay offer personal accounts?
No, we don't offer accounts for individuals anymore.
Where can I find more information about pricing?
You can check the pricing for the business Nexpay accounts at this link: paynexpay.com/fees
For which country's citizens can you open an account?
You can check the list of countries where we provide services for businesses. Please note that these lists are only indicative. The fact that a country is mentioned on these lists doesn't guarantee account opening. This is only one of the criteria which we assess when evaluating potential clients.
Which industries or activities do you support?
We support many industries (such as crypto, gaming, gambling, forex, e-commerce etc.), however there are some that we are not able to work with. You can check the list of prohibited and high risk industries. Please note that this list is only indicative, and we reserve the right to update it at any time without notice. The fact that an industry isn't mentioned on this list, doesn't guarantee account opening. This is only one of the criteria which we need to assess when we are evaluating potential clients.
Does Nexpay have a license?
Yes, UAB NexPay (registration code 304708124) is an authorized Electronic Money Institution (EMI) holding a license from the Bank of Lithuania (license No. 18).
Will my funds be secure at Nexpay?
Yes, the funds are held at a segregated clients account at the Central Bank of Lithuania, giving you a high level of security.
How do I sign up for Nexpay?
You can sign up at this link: paynexpay.com/register/signup. You will have to confirm your email address first, and then you will be able to fill the signup questionnaire. After you have submitted your questionnaire, our team will review your information and decide whether we can open an account for you.
What information do I need to open an account with you?
You need various information about your company, as well as information about the structure and owners of the business. More specific information is in the information checklist for business account signup.
How fast is the signup process?
It depends on the complexity of the application and how fast you provide information and needed documents. Our specialists are in constant communication with our clients to ensure the highest quality of service and to be able to open the accounts as soon as possible.
Will my IBAN be registered as Lithuanian?
Yes, we issue Lithuanian IBAN accounts. They have the same possibilities as any other EU IBAN account.
Does Nexpay have an API?
Yes, Nexpay offers an API for full integration of our services. You can find all the documentation here: paynexpay.com/api/.
Does Nexpay offer SEPA instant?
No, we only offer regular SEPA. Most of the payments will be processed during the next working day, if you submit the payment till 16:00.
Do you offer SWIFT?
No, we don't offer SWIFT just yet. We are looking to improve our services and add new payment options all the time, so please check back after some time.
Do you offer payment cards?
No, we don't offer payment cards at the moment, but we are working to add them.
I have an Issue with logging in. What to do if two factor authentication doesn't work?
If there is an issue with the authentication, please contact [email protected] and we will help you.
I have other issues with my account.
Please contact [email protected] and we will help you.
Does Nexpay have a Partner or Referral program?
Yes, Nexpay Referral program offers attractive revenue share agreements for our partners that refer clients to us.
What are the terms for the Nexpay partner program?
We offer a 3 year revenue share model with competitive commissions for each client that you refer. Please write to [email protected] to find out more details.
How can I sign up for the Nexpay partner program?
Send an email to [email protected] with your company name, website, industry, and what kind of clients you will be referring, and we will reach out to you as soon as we can. Next we will send you a referral agreement to review and complete. After that's done we will issue you with a unique referral link and start making automatic monthly payouts for referred clients.
You might be asking yourself - Why should I choose Nexpay business bank account from all the online banking providers? We collected feedback from our customers to find the most popular reasons why business clients choose Nexpay as their corporate banking provider.
We want to give more insight into how the Nexpay platform works, to help new users better navigate our corporate banking features. Since there have been a lot of changes in our platform in 2022, this article might also be useful to our existing clients to discover new features.
If you are looking to open a business account online, we have prepared a checklist of the things worth looking for in a corporate bank account to make it easier for you to compare several banking providers, and choose the best business account for you.