Online money and cryptocurrencies in Latvia

2020. Binance Visa cards are now available in Latvia, Lithuania, and Estonia



The Binance Visa Card is now available to everyone in the European Economic Area. Linked to a cryptocurrency account, this card allows users to spend cryptocurrency at over 60 million Visa-accepting locations worldwide. Additionally, the card can now be linked to Google Pay and Samsung Pay. Using the Binance Visa Card means you don't have to worry about fees. We don't charge subscription or maintenance fees, and transactions made in euros are free (third-party fees may apply*). To make using the card even more enjoyable, we offer up to 7% cashback on every purchase you make with your Binance Visa Card. That's the highest rate on the market! The virtual card will be available for use immediately after your application is approved.


2019. PayPal launches peer-to-peer payments in Latvia, Lithuania and Estonia



PayPal is adding a peer-to-peer payment service to 25 European countries, including Lithuania, Latvia, and Estonia. This service offers a solution for users who need to make or receive payments. "Our new service allows you to make mobile and desktop payments in euros, including to friends and family in the EU, at no additional cost, unless it involves currency conversion. No account number is required; an email address is sufficient," said Olga Lonshakova, Head of Sales and Market Development for PayPal in the Baltics and Russia.


2015. Qiwi Wallet Europe is now available in Latvia



Latvian residents are the first in the EU to be able to use the Qiwi Wallet Europe e-wallet to make payments to thousands of goods and services providers. The European version of Qiwi Wallet is designed for Android and iOS platforms and is available for download from Google Play and the App Store, respectively. Qiwi Wallet Europe is available in three languages: Latvian, Russian, and English. All payment transactions, including top-ups and transfers between users, are denominated in euros. The launch of Qiwi Wallet Europe in Latvia marks the next step in Qiwi Group's plan to enter the European payment services market.

2009. WebMoney launched European currency with guarantor in Latvia



WebMoney online payment system has launched a new currency – WM Notes – for users in the European Union. This electronic money is issued in accordance with European legislation and is an electronic substitute and equivalent to cash. The system for issuing and servicing WM Notes, SIA "Digimoney," was launched in Latvia, part of the European Union.