Market Report, "Emerging Opportunities in Latvia's Cards and Payments Industry: Market Size, Trends and Drivers, Strategies, Products and Competitive Landscape", Published
The Republic of Latvia is an open economy where exports contribute for almost one-third of the GDP. Latvia is a member of the United Nations (UN), European Union (EU) and International Monetary Fund (IMF). Latvia's economy was adversely affected by the eurozone crisis in 2009. While cash remains the dominant method of payment in Latvia, there have been concerted efforts from card issuers, the government and regulatory bodies to support card use. The nation's debit, prepaid and charge card categories...
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