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Local and Alternative Payment Methods in Latvia

Latvia, with a population of over 1.9 million people, is a growing e-commerce market. The currency is the Euro (EUR) and the main language is Latvian.

E-commerce and online payments are developing rapidly. For online merchants, using local payment methods is crucial to increase sales. Familiar payment options increase the likelihood that customers will complete their purchase, reduce the number of abandoned shopping carts, strengthen trust, and enhance security.

Benefits of local payment methods:

• Increase in sales
• Fewer abandoned shopping carts
• Increase in customer satisfaction
• Customer loyalty
• Gain trust and stand out in the market

Offering local payment options will connect you with millions of potential customers in Latvia and promote growth.