Latvia
Transact Pro is the first licensed electronic money institution in Latvia, authorized to provide payment services by the Latvian Financial and Capital Market Commission. Since its establishment in 2004, the company has been offering a range of electronic financial services, including online payment acceptance, processing, and prepaid/debit card issuance for corporate and private customers globally.
Transact Pro's direct services for e-commerce merchants encompass merchant accounts for card payments, payment gateway integration, current accounts for business transactions, and MasterCard payment cards. The company's milestone achievements include becoming a principal member of MasterCard Worldwide in 2009 and obtaining licenses from MasterCard International and Visa Europe in 2015 to provide acquiring services.
Emphasizing the use of advanced technologies and security measures, Transact Pro ensures the safeguarding of funds and financial operations, aligning with international payment system standards. The company is actively seeking opportunities for business expansion, particularly in MasterCard prepaid card issuance, cardholder payment processing, foreign and domestic card acquiring services, as well as merchant support and integration of payment processing solutions, and risk and fraud monitoring.
