Baltics

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The Baltics

The domestic market in the Baltic states is dominated by the Swedish banks SEB and Swedbank. Payment methods vary slightly across the Estonia, Latvia, and Lithuania with cards, banks transfers, and wallets being the most widely used. Cash-on-delivery is popular in Latvia, while in Lithuania prepaid products like paysafecard is a preferred payment method.

Population

6,000,000

Euro

Popular payment methods

Mastercard

Cards

Mastercard is a market leading card scheme worldwide
Visa

Cards

Visa is one of world's largest global card networks
Trustly

Online banking

Trustly provides online banking in multiple countries
American Express (AMEX)

Cards

American Express is a key credit card around the world
PayPal

Digital wallets

PayPal is a major digital wallet, with over 300 million active consumers
Maestro

Cards

Maestro is a debit product within the Mastercard offering
Apple Pay

Digital wallets, Cards

Apple Pay is the digital wallet of choice for millions of iOS users

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