Genome launches debit cards for businesses


VILNIUS from Lithuania, November 17, 2021 / PRNewswire / – Genome (UAB Maneuver), a Lithuaniafinancial startup, begins issuing physical debit cards to business owners in beta. They are approved by Visa since Génome is its main member. This license made it possible to start issuing not only debit cards, but also virtual cards that can be ordered on Genome website. The cards are now available to professional wallet owners.

Now, Genome business owners can order cards and link their accounts in multiple currencies: one standard EUR and another in GBP or USD. Card transactions will automatically be converted to the preferred currency. Business account owners can order a card without a CVV2 number and code printed on it for security purposes, with personal information stored in a web portal or Genome app. This feature improves the security of a physical card in the event of loss or theft.

With the Visa Business Debit card, you get a free bonus – a hardware token to help business owners ensure more secure transactions. The token is considered an additional protection against fraud, offering an additional verification step for more secure transfers.

“This is a big step for the expansion of our services for businesses and traders. Genome debit cards will complete a full cycle of financial services that businesses need in their day-to-day operations, such as paying for marketing campaigns or using cards to conveniently manage employee payroll in the Genome ecosystem, ” – says Daumantas Barauskas, COO of Genome.

Visa Business debit cards are available to order here.

About the genome

Genome is an Electronic Money Institution approved and supervised by the central bank of Lithuania. With Genome, you can open trade and business accounts quickly, easily and securely. Start a professional portfolio on Genome and have up to 15 dedicated professional IBAN accounts in different currencies: EUR, USD, GBP. You can exchange currencies, make domestic and international money transfers, ignore all your finances at any time, and more. Genome offers corporate Visa cards to businesses to pay their employees, contractors, marketing and other business expenses.

Opening a merchant account in Genome is just as easy. Genome works with e-commerce, SaaS, utilities, transportation, insurance, event companies, and other businesses. Accept payments in over 20 currencies, track and schedule your payment from a single dashboard. Customers can pay using 40 alternative local payment methods, as well as cards from top brands like Visa and Mastercard.

SOURCE Genome

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