Table of Contents
1 Definitions and Methodology
1.1 Definitions
1.2 Methodology
2 Key Facts and Events
3 Executive Summary
4 Payment Instruments
4.1 Current Payment Environment
5 E-Commerce
5.1 E-Commerce Market Analysis
6 Alternative Payments
6.1 Alternative Payment Instruments
6.1.1 Paysafecard
6.1.2 Monea
6.1.3 Mobiamo
7 Regulations in the Cards and Payments Industry
7.1 Regulatory Framework
7.1.1 SEPA cards framework
7.2 Anti-Money Laundering (AML)
7.3 Foreign Direct Investment (FDI) Regulations
8 Analysis of Cards and Payments Industry Drivers
8.1 Demographic Drivers
8.2 Economic Drivers
8.3 Infrastructure Drivers
8.4 Business Drivers
9 Market Segmentation
9.1 Market Segmentation and Targeting
9.1.1 Consumer cards
9.1.2 Commercial cards
10 Payment Cards
10.1 Payment Cards Market Analysis
10.1.1 Volume and value of payment card transactions by type
11 Debit Cards
11.1 Debit Card Market Analysis
11.1.1 Debit card transaction volumes and values by channel
11.1.2 Debit card scheme and issuer shares in terms of transaction value
11.1.3 Debit cards comparison
12 Pay Later Cards
12.1 Pay Later Cards Market Analysis
12.1.1 Turnover per pay later card and transaction values by channel
12.1.2 Pay later cards scheme and issuer shares in terms of transaction value
12.1.3 Pay later cards comparison
13 Commercial Pay Later Cards
13.1 Commercial Pay Later Card Market Analysis
13.1.1 Commercial pay later cards comparison
14 Appendix
14.1 Tables
14.2 Contact Timetric
14.3 About Timetric
14.4 Timetric's Services
14.5 Disclaimer
List of Tables
Table 1: Key Definitions
Table 2: Annual Average Exchange Rate
Table 3: Latvia - Key Facts, 2015
Table 4: Regional Benchmarking of Latvian Payment Cards, 2015
Table 5: Latvia - Mode of Entry of Foreign Banks, 1995-2007
Table 6: Cards for High-Income Consumers, 2016
Table 7: Cards for Shoppers, 2016
Table 8: Cards for Students and the Young Population, 2016
Table 9: Commercial Cards Comparison and Key Features, 2016
Table 10: Latvia - Visa Domestic Multi-Lateral Interchange Fees, 2015
Table 11: Latvia - MasterCard Consumer Card Interchange Fees, 2016
Table 12: Latvia - MasterCard Commercial Card Interchange Fees, 2016
Table 13: Latvia - Debit Cards Comparison and Key Features, 2016
Table 14: Latvia - Visa Domestic Multi-lateral Interchange Fees, 2015
Table 15: Latvia - MasterCard Consumer Card Interchange Fees, 2016
Table 16: Latvia - MasterCard Commercial Card Interchange Fees, 2016
Table 17: Latvia - Gold Credit Cards Comparison and Key Features, 2016
Table 18: Latvia - Premium Credit Cards Comparison and Key Features, 2016
Table 19: Latvia - Commercial Credit Cards Comparison and Key Features, 2016
Table 20: Latvia - Payment Instrument Transaction Values (EUR Billion), 2011-2015
Table 21: Latvia - Payment Instrument Transaction Values (US$ Billion), 2011-2015
Table 22: Latvia - Payment Instrument Transaction Volumes (Million), 2011-2015
Table 23: Latvia - Number of Payment Cards in Circulation by Type (Million), 2011-2020
Table 24: Latvia - Volume of Payment Card Transactions by Type (Million), 2011-2020
Table 25: Latvia - Value of Payment Card Transactions by Type (EUR Billion), 2011-2020
Table 26: Latvia - Value of Payment Card Transactions by Type (US$ Billion), 2011-2020
Table 27: Latvia - Number of Debit Cards in Circulation (Million), 2011-2020
Table 28: Latvia - Debit Card Transaction Volumes and Frequency by Channel, 2011-2020
Table 29: Latvia - Debit Card Total and Average Transaction Values by Channel, 2011-2020
Table 30: Latvia - Debit Card Total and Average Transaction Values by Channel, 2011-2020
Table 31: Latvia - Number of Debit Cards in Circulation By Scheme (Million), 2011-2015
Table 32: Latvia - Debit Card Transaction Values By Scheme (EUR Billion), 2011-2015
Table 33: Latvia - Debit Card Transaction Values By Scheme (US$ Billion), 2011-2015
Table 34: Latvia - Debit Card Transaction Values by Issuer (EUR Billion), 2011-2015
Table 35: Latvia - Debit Card Transaction Values by Issuer (US$ Billion), 2011-2015
Table 36: China - Number of Pay Later Cards in Circulation (Thousand), 2011-2020
Table 37: Latvia - Pay Later Card Transaction Volumes and Frequency by Channel, 2011-2020
Table 38: Latvia - Pay Later Card Total and Average Transaction Values by Channel, 2011-2020
Table 39: Latvia - Pay Later Card Total and Average Transaction Values by Channel, 2011-2020
Table 40: Latvia - Number of Pay Later Cards in Circulation By Scheme (Thousand), 2011-2015
Table 41: Latvia - Pay Later Card Transaction Values By Scheme (EUR Million), 2011-2015
Table 42: Latvia - Pay Later Card Transaction Values By Scheme (US$ Million), 2011-2015
Table 43: Latvia - Pay Later Card Transaction Values By Issuer (EUR Million), 2011-2015
Table 44: Latvia - Pay Later Card Transaction Values By Issuer (US$ Million), 2011-2015
Table 45: Latvia - Number of Credit Cards in Circulation (Million), 2011-2020
Table 46: Latvia - Credit Card Transaction Volumes and Frequency by Channel, 2011-2020
Table 47: Latvia - Credit Card Total and Average Transaction Values by Channel, 2011-2020
Table 48: Latvia - Credit Card Total and Average Transaction Values by Channel, 2011-2020
Table 49: Latvia - Number of Credit Cards in Circulation By Scheme (Thousand), 2011-2015
Table 50: Latvia - Credit Card Transaction Values By Scheme (EUR Million), 2011-2015
Table 51: Latvia - Credit Card Transaction Values By Scheme (US$ Million), 2011-2015
Table 52: Latvia - Number of Charge Cards in Circulation (Thousand), 2011-2020
Table 53: Latvia - Charge Card Transaction Volumes and Frequency by Channel, 2011-2020
Table 54: Latvia - Charge Card Total and Average Transaction Values by Channel, 2011-2020
Table 55: Latvia - Charge Card Total and Average Transaction Values by Channel, 2011-2020
Table 56: Latvia - Number of Charge Cards in Circulation By Scheme (Thousand), 2011-2015
Table 57: Latvia - Charge Card Transaction Values By Scheme (EUR Million), 2011-2015
Table 58: Latvia - Charge Card Transaction Values By Scheme (US$ Million), 2011-2015
Table 59: Latvia - Pay Later Personal and Commercial Card Transaction Volumes (Million), 2011-2020
Table 60: Latvia - Pay Later Personal and Commercial Card Transaction Values (EUR Billion), 2011-2020
Table 61: Latvia - Pay Later Personal and Commercial Card Transaction Values (US$ Billion), 2011-2020
Table 62: Latvia - Number of Commercial Pay Later Cards in Circulation (Thousand), 2011-2020
Table 63: Latvia - Commercial Pay Later Card Transaction Volumes (Million), 2011-2020
Table 64: Latvia - Commercial Pay Later Card Transaction Values (EUR Billion), 2011-2020
Table 65: Latvia - Commercial Pay Later Card Transaction Values (US$ Billion), 2011-2020
List of Figures
Figure 1: Latvia - Payment Instrument Shares by Transaction Value (%), 2011 vs 2015
Figure 2: Latvia - Payment Instrument Shares by Transaction Volume (%), 2011 vs 2015
Figure 3: Latvia - E-Commerce Value (US$ Billion), 2011-2020
Figure 4: Latvia - Total Population and Structure, 2011-2020
Figure 5: Latvia - Economic Indicators, 2011-2020
Figure 6: Latvia - Number of ATMs and POS Terminals
Figure 7: Latvia - Real Household Consumption and Outbound Tourist Expenditure, 2011-2015
Figure 8: Latvia - Segmentation by Card Type, 2016
Figure 9: Latvia - Growth in Payment Card Transaction Values and Number of Cards in Circulation by Type, 2011-2020
Figure 10: Latvia - Volume and Value of Payment Card Transactions by Type (%), 2011-2020
Figure 11: Latvia - Debit Card Penetration and Cards in Circulation, 2011-2020
Figure 12: Latvia - Turnover per Debit Card and Values by Channel, 2011-2020
Figure 13: Latvia - Debit Card Scheme and Issuer Shares in Terms of Transaction Value (%), 2015
Figure 14: Latvia - Pay Later Card Penetration and Number of Cards in Circulation, 2011-2020
Figure 15: Latvia - Turnover Per Pay Later Card and Values by Channel, 2011-2020
Figure 16: Latvia - Pay Later Cards Scheme and Issuer Shares in Terms of Transaction Value (%), 2015
Figure 17: Latvia - Pay Later Commercial vs Personal Cards, Transaction Volumes and Values (%), 2011-2020
Figure 18: Latvia - Number of Commercial Pay Later Cards, Transaction Values and Volumes, 2011-2020
