Luxon Pay Review 2026
Multi-currency e-wallet with tiered fees
Our verdict
Luxon Pay is an e-wallet built around payments to and from merchants: deposits to and withdrawals from merchants are free, and so are instant transfers to other Luxon Pay users. It supports 38 account currencies and, by Luxon’s count, is available in 132 countries. If you already have a multi-currency account such as Wise or Revolut, Luxon Pay is best seen as a funding wallet for the sites that accept it rather than as a place to convert or spend money.
What you pay depends on your tier, set by how much you deposit to merchants each quarter: Standard (no minimum), Classic (€3,000 to €9,999), Premium (€10,000 to €29,999) and Noir (over €30,000). Bank deposits by vIBAN, card deposits and SEPA withdrawals are free on every tier. Currency exchange costs 2% on Standard, falling to 1%, 0.5% and nothing on Noir. Luxon is a trading name of Luxon EU ApS, registered in Denmark, and the Luxon Pay Mastercard is issued by Monavate UAB, which is authorised by the Bank of Lithuania (licence no. 92). Luxon’s fee page names no licence of its own.
Luxon Pay fees by tier, with €500 examples
| Transaction | Standard | Classic | Premium | Noir |
|---|---|---|---|---|
| Merchant deposits per quarter to qualify | Any | €3,000–€9,999 | €10,000–€29,999 | Over €30,000 |
| Convert €500 to another currency | 2%: €10.00 | 1%: €5.00 | 0.5%: €2.50 | Free |
| Spend €500 abroad in a different currency | 2%: €10.00 | 1.5%: €7.50 | 1%: €5.00 | 0.5%: €2.50 |
| Withdraw €500 from an ATM | 1%: €5.00 | 1%: €5.00 | 1%: €5.00 | 1%: €5.00 |
| SWIFT bank withdrawal | €20 | €20 | Free | Free |
| SEPA bank withdrawal | Free | Free | Free | Free |
| Physical card | €20 | €20 | Free | Free |
Rates from Luxon Pay’s fee page; currency exchange uses Luxon’s own rate and needs a fully verified account. Open-banking, instant bank and alternative-payment-method deposits may carry fees shown at the time of the transaction. For comparison, Wise’s German pricing page quotes conversions from 0.2%, and Revolut’s EEA Standard plan has no exchange fee on weekdays within €1,000 a month.
Verdict for multi-currency users
Use Luxon Pay to move money to and from merchants that accept it, in the same currency, where it costs nothing: top up by vIBAN bank transfer or card, pay the merchant, and withdraw to your bank by SEPA. At Standard tier, avoid converting or spending abroad with the Luxon card, because the 2% fee is several times what Wise or a neobank charges for the same exchange.
Higher tiers only pay off if you already deposit thousands of euros a quarter to merchants. Even on Noir, card spending in another currency still costs 0.5% and every ATM withdrawal costs 1%, so a multi-currency debit card from Wise or a neobank remains the better travel card.
Sources
Every fee on this page was checked against these official provider pages on .
Pros
- Free vIBAN bank and card deposits
- Free instant transfers between Luxon Pay users
- Free SEPA withdrawals on every tier
- 38 account currencies with a Luxon Pay Mastercard
- Higher tiers cut FX to 1%, 0.5% or 0%
Cons
- Tiers depend on quarterly merchant deposits (Classic from EUR 3,000)
- 2% FX and EUR 20 SWIFT fee at Standard tier
- ATM withdrawals cost 1% on every tier
- Card issued by partner Monavate UAB; Luxon names no licence of its own
Fees & key facts
| Sign-up | Free |
|---|---|
| Monthly fee | No monthly fee listed |
| Send / receive | Free between Luxon Pay users |
| Exchange rate | 2% Standard; 1% Classic; 0.5% Premium; 0% Noir |
| Withdrawals | SEPA free; SWIFT EUR 20 (free on Premium and Noir); ATM 1% |
| Card | Yes — Luxon Pay Mastercard issued by Monavate UAB |
| Availability | 132 countries (per Luxon) |
| Currencies | 38 account currencies |
| Founded | n/a (not stated by Luxon) |
| Headquarters | Denmark (Luxon EU ApS) |
| Regulation | card issuer Monavate UAB, authorised by the Bank of Lithuania (licence no. 92); Luxon EU ApS names no licence of its own |
Ready to try Luxon Pay?
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Luxon Pay — frequently asked questions
Is Luxon Pay safe to use?
Luxon Pay is regulated by card issuer Monavate UAB, authorised by the Bank of Lithuania (licence no. 92); Luxon EU ApS names no licence of its own and uses standard protections such as encryption and two-factor authentication. As with any provider, make sure it is licensed in your country, use a strong password and never share one-time codes.
What fees does Luxon Pay charge?
Account/monthly fee: No monthly fee listed. Sending or receiving: Free between Luxon Pay users. Currency conversion: 2% Standard; 1% Classic; 0.5% Premium; 0% Noir. Withdrawals: SEPA free; SWIFT EUR 20 (free on Premium and Noir); ATM 1%. Fees can change and may vary by country, so always confirm the latest terms on the official Luxon Pay site.
Which countries can use Luxon Pay?
Luxon Pay is available in 132 countries (per Luxon). Exact availability, currencies and features can differ by country, so check the provider's site for your location.
Does Luxon Pay offer a card?
Yes — Luxon Pay Mastercard issued by Monavate UAB. It supports 38 account currencies.
What is Luxon Pay best for?
Luxon Pay is best for high-volume players wanting fast free transfers. Luxon Pay is a multi-currency e-wallet run by Luxon EU ApS (Denmark), with 38 account currencies, free transfers between users and a Mastercard issued by Monavate UAB under a Bank of Lithuania licence.
Who is behind Luxon Pay and where is it based?
Luxon Pay launched in n/a (not stated by Luxon) and is based in Denmark (Luxon EU ApS), regulated by card issuer Monavate UAB, authorised by the Bank of Lithuania (licence no. 92); Luxon EU ApS names no licence of its own.
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Completely free merchant deposits and withdrawals. No sneaky fees. Excellent option for live poker tournament buy-ins in Europe.
Completely free merchant deposits and withdrawals. No sneaky fees. Excellent option for live poker tournament buy-ins in Europe.
Completely free merchant deposits and withdrawals. No sneaky fees. Excellent option for live poker tournament buy-ins in Europe.
Perfect utility for poker players and live events. The only downside is the lack of a physical payment card for daily grocery spending.
Perfect utility for poker players and live events. The only downside is the lack of a physical payment card for daily grocery spending.
Perfect utility for poker players and live events. The only downside is the lack of a physical payment card for daily grocery spending.
Completely free merchant deposits and withdrawals. No sneaky fees. Excellent option for live poker tournament buy-ins in Europe.
Fast verification and simple layout. Having a wallet that doesn't charge you for transferring money between users is fantastic.
Fast verification and simple layout. Having a wallet that doesn't charge you for transferring money between users is fantastic.
Fast verification and simple layout. Having a wallet that doesn't charge you for transferring money between users is fantastic.