Published: 29.08.2017

In the first half of 2017, 212.5 million non-cash payments were made by customers of credit institutions, electronic money (e-money) institutions, payment institutions, Latvijas Banka, the SJSC Latvijas Pasts and the Treasury in Latvia (i.e. averaging 1.3 million payments a day). Their total value was 120.1 billion euro.

In comparison with the second half of 2016, the total number of non-cash payments made by the customers increased by 3.5%.

As in the previous half of the year, the most popular non-cash payments were card payments and customer credit transfers, constituting 61.1% and 38.5% of the total number of non-cash payments respectively.

To ensure card payments, 2.3 million payment cards were issued in Latvia as at the end of the first half of 2017 (1.2 cards per capita; most of them were cards with a debit function).

39.8 thousand points of sale (POSs) and 1 012 ATMs were available to the public. Overall, at the end of the first half of 2017, the number of customer payment accounts totalled 3.8 million or 1.9 payment accounts per capita in Latvia.

A detailed report on the operation of interbank payment systems, development of payment instruments and other areas vital for non-cash payments is available on Latvijas Banka's website): https://www.bank.lv/en/statistics/payment-systems-statistics/latvia-s-payment-statistics).