Latvia

mkt_lv

Latvia is a mid-sized payments market in EMEA. Payments span cards, bank transfers, digital wallets and cash-based channels.

Currency:EUR
Alpha-3:LVA
NUM:428
Population
1.8M
Banked Population
95.0%
GDP
$49B
GDP per Capita
$26K

Payment Methods

Payment methods with an explicit availability relationship to Latvia.

Cash in Latvia

Cash access and physical payment acceptance in Latvia, covering withdrawals, ATMs, cards and POS terminals.

Cash Withdrawals
-
ATM Machines
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Cards
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POS Terminals
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Schemes

Schemes connected to Latvia, using the same four-metric model as the overview.

Systems

Systems connected to Latvia, using the same four-metric model as the overview.

PSPs

Provider processing and payout characteristics for payment methods linked to Latvia.

No PSPs have been mapped yet.

Compliance

Regulators and regulations connected to Latvia.

Regulation Category

Standards

Standards directly scoped to Latvia. Required means mandatory for participants in the relevant rail; contractual and conditional items apply only to the related product or flow.

Standard CategoryApplicability