Shopify Payments Latvia: A New Era for Ecommerce in the Baltics
Shopify Payments has officially launched in Latvia, enabling merchants to accept payments in euros, reduce transaction costs, and offer fast, secure, and fully integrated checkout experiences. This update marks a transformative shift for ecommerce in Latvia β and Power Commerce is here to help you make the most of it.
Ecommerce in Latvia: Small Market, Strong Potential
Latvia may be small in population, but itβs among the most digitally advanced countries in the EU. The high level of internet penetration and rapid ecommerce growth make it an ideal landscape for Shopify merchants looking to expand in the Baltics.
- β¬1.5B+ ecommerce turnover
- 90%+ internet penetration
- SEPA zone with EUR currency
- High mobile commerce usage
- Strong cross-border demand
Benefits of Shopify Payments for Latvian Merchants
Accept Payments in Euros (EUR)
Price products and receive payouts in EUR directly to Latvian bank accounts β no more forced conversions or international transfer fees.
No More Third-Party Transaction Fees
Shopify Payments eliminates the 1β2% surcharge that applies when using Stripe, PayPal, or other gateways outside Shopify.
Enable Express Checkout
- Shop Pay (up to 70% faster checkout)
- Apple Pay and Google Pay
- Optimized for mobile-first shopping
Consolidated Admin & Reporting
View all transactions, refunds, disputes, and payouts directly in Shopify β no external dashboards or syncing required.
Full Compliance & Security
Shopify Payments is PCI-compliant, includes 3D Secure, and meets EU-wide SCA requirements out of the box.
What Merchants in Latvia Used Before Shopify Payments
Before this rollout, many Latvian Shopify stores relied on:
- Maksekeskus or OPAY for regional bank integrations
- Stripe or PayPal for international cards
- Manual bank transfers or invoicing
These setups worked, but introduced more fees, limited control, and slower checkouts. Shopify Payments consolidates and streamlines all these processes.
How to Activate Shopify Payments in Latvia
- Go to Settings > Payments in Shopify admin
- Click Activate Shopify Payments
- Submit your legal/business info for verification
- Enter a Latvian bank account for EUR payouts
- Enable card methods, Shop Pay, Apple Pay, Klarna, etc.
- Click save β youβre live!
Payouts typically arrive within 3 business days directly to your bank.
Power Commerce: Your Shopify Payments Partner in Latvia
Power Commerce is a trusted Shopify Plus Partner across Europe. We help Latvian brands and retailers:
- Activate Shopify Payments securely and compliantly
- Integrate EUR-based accounts for local payouts
- Localize checkout for Latvian and EU shoppers
- Implement Shopify Markets for cross-border growth
- Migrate from Maksekeskus, Stripe, or PayPal
- Ensure GDPR, SCA, and VAT compliance
FAQs: Shopify Payments in Latvia
Q: Can I keep Swedbank or SEB payment links?
A: These can still be integrated via third-party apps, but Shopify Payments should be your main gateway for cards and wallets.
Q: Are payouts in euros?
A: Yes. Shopify Payments supports EUR payouts to Latvian bank accounts.
Q: Does Shop Pay work in Latvia?
A: Yes, Shop Pay is enabled by default and supports Visa, Mastercard, and more.
Q: Do I need to be a registered company?
A: Not necessarily. Sole traders can use Shopify Payments if they provide valid identification and KYC documents.
Scale with Shopify Payments β Powered by Power Commerce
Unlock frictionless payments, reduce fees, and scale your brand across the Baltics and beyond. Power Commerce ensures your Shopify Payments setup is smooth, secure, and future-ready.