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…
Incident fees for inoperative seizures
What is an inoperative seizure? A seizure is considered to be inoperative when the customer’s account does not have sufficient funds to honor the claim (or when the seizure is no longer justified - e…
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 , Lydia is required to verify its customers’ identity. Requirement for Lydia and its customers. To combat fraud, the Ministry of…
