Value proposition

Payments and Technology

Transact Pro is the first licensed electronic money institution in Latvia with the right to render payment services. The license has been issued by Latvian Financial and Capital Market Commission.

Transact Pro has been successfully operating in the market of electronic financial services since 2004. We provide online payment acceptance and processing services, as well as prepaid and debit card issuance services for both corporate and private customers. Today we serve our customers all over the world.

E-Commerce merchants enjoy the following direct services provided by Transact Pro:

1. Merchant accounts - to accept payments by Visa/MasterCard/Amex payment cards;
2. Payment Gateway services - to integrate websites and process payments;
3. Current (checking or business) accounts - to receive the proceeds and effect business payments;
4. MasterCard payment cards for immediate access to the account balance.

In 2009, Transact Pro became the first Latvian non-banking institution to join international payment organization MasterCard Worldwide as a principal member with the right to issue MasterCard payment cards. In 2015 Transact Pro became a member of Visa Europe as well as got the MasterCard International and Visa Europe licenses with the right to provide acquiring services.

We use the outmost technologies and protection means to guarantee the security of your funds and financial operations. Our company has established itself as a serious market player able to fully adhere to the standards set by the international payment systems in terms of quality and security. We are always open for new business development projects and are actively looking to expand our operations in the following areas:

+ MasterCard prepaid card issuance and cardholder payment processing;
+ Foreign and domestic card acquiring services;
+ Merchant support, development and integration of payment processing solutions, risk and fraud monitoring.

MasterCard prepaid card issuance and cardholder payment processing, Foreign and domestic card acquiring services, and Risk and fraud monitoring