VIALET, a financial services provider, extends its offerings primarily to European e-commerce and SME businesses, focusing on facilitating seamless transactions and money management. With a free IBAN account, with EUR as the default currency, the platform enables businesses to make money transfers, in particular using the SEPA payment scheme for accelerated transitions. The company integrates several account management services, including the ability to view transaction history, manage spending limits and download transaction statements in PDF format. Security is a key concern, so confirmation code mechanisms are used for additional transaction security. VIALET, which is regulated by the Bank of Lithuania and is also a principal member of Mastercard®, emphasises the protection of transactions and customer data and has adopted PSD2 self-compliance. The platform plans to expand its range of services with future implementations such as multi-currency payments and mass payouts.

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