Inactivity

“Inactivity fees” applied by Lydia Solutions are a result of the Eckert Law , which applies to payment and electronic money institutions. Why do these fees exist? In 2008, the Eckert Law required cre…

Management fees in case of unsuccessful seizure

What is an inoperative seizure? A seizure is considered invalid when the client's bank account does not have sufficient funds to cover the demand (or when the seizure is no longer justified – e.g., t…

Be careful, fraudsters tries to impersonate Lydia

We have identified a number of fraud attempts in recent days. To protect yourself, please read the following explanations. Observed modus operandi. Fraudsters contact Lydia customers by text message…

Requirement for identity verification

Following the publication of the decree n° 2023-63 on February 3, 2023 , Sumeria is required to verify its customers’ identity. Requirement for Sumeria and its customers. To combat fraud, the Ministr…