This data-sheet gives a detailed look into the mobile payments landscape in Latvia.
Latvia has a population of 1.9 million people who all have mobile phones. Their smartphone penetration is as high as 60%. At the same time only 16.7% of their adults have a credit card and it's almost half of that (9%) for their young adults.
In this report, we bring out data that helps navigate this region for digital merchants. We hope the report gives you a better understanding of Latvia's digital ecosystem and helps you maximize the efforts of your payments strategy.
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