I got a voucher in 2014
Keeping it for 8 years before using it was pushing it a bit.
According to the information provided to the Bank of Lithuania, the institution is aware of the amount of its current liabilities to clients, and its client funds are safeguarded in separate dedicated accounts.
After assessing the institution’s financial position, the Bank of Lithuania found that the liabilities currently held by the institution exceeded its assets, therefore it is insolvent and there is no evidence that the situation could change in the near future.
It's a good question. I suspect if you read the fine print you would find that claims ultimately fall on UAB PAYRNET which as of six days ago cannot make payments as its e-money license has been revoked.The shops which sold these cards must surely now have a responsibility under consumer law to refund the customers who purchased them?
Not necessarily disagreeing but if I head off to a store in Liffey Valley and buy a Hugo Boss suit and there's a little label on it saying that claims ultimately fall on Hugo Boss GmbH, that doesn't invalidate or compromise my rights as a consumer if it later turns out that there's something wrong with it.It's a good question. I suspect if you read the fine print you would find that claims ultimately fall on UAB PAYRNET which as of six days ago cannot make payments as its e-money license has been revoked.
The problem here is that the shops don't sell them, they're only available from the customer service desk or dedicated kiosk.The shops which sold these cards must surely now have a responsibility under consumer law to refund the customers who purchased them?
Well then if I head off to a kiosk in Liffey Valley and buy a voucher and there's a little label on it saying that claims ultimately fall on a voucher company in Lithuania, that doesn't invalidate or compromise my rights as a consumer if it later turns out that there's something wrong with it.The problem here is that the shops don't sell them, they're only available from the customer service desk or dedicated kiosk.
There's nothing "wrong" with it. The kiosk sold it to you in good faith and didn't embezzle the funds.there's something wrong with it.
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