High-Risk Payment Gateway Solutions in Latvia
Latvian businesses that operate in industries deemed high risk by regular payment processors generally find themselves locked out of reliable credit card processing solutions. Whether you are managing a startup in Riga, exporting from Liepāja, or running a digital service across Europe, getting a merchant account approved by a traditional processor can sometimes be difficult.
At QuadraPay, we specialise in supporting businesses that face such challenges, without red tape, but with real solutions that actually work.
Our high-risk merchant account services in Latvia are built for businesses that don’t fit neatly into low-risk categories. From adult entertainment and online coaching platforms to travel services and nutraceutical e-commerce stores, we support all of these verticals, ones that most low-risk acquirers and payment service providers typically reject.
Our job is simple: we want you to accept payments safely and expand your business globally, all while remaining fully compliant with the regulations of the card industry.
To support you, we partner with EU-based acquiring companies that understand the real-world complexities high-risk businesses in Latvia face. These payment service providers are familiar with the European Union’s payment processing framework and are comfortable working with merchants in industries that involve cross-border payments and potentially higher chargeback or refund ratios. They address these risks by implementing advanced compliance protocols.
If you’ve been declined by a local payment service provider or mainstream PSP, then we may be the right solution, and your best way forward.
Accept Multiple Payment Methods and Currencies with Ease
With our high-risk payment gateway solutions built for Latvian businesses you will be able to accept payments in 100+ different currencies such as euros, dollars, GBP, and more. You will be able to accept all major credit and debit cards. In addition, you can accept alternative payment methods such as local bank transfers.
The gateway comes with a built-in dynamic currency conversion feature that allows Latvian websites to display pricing in the customer’s home currency, while the payment processor settles the funds to you in euros or any other currency of your choice.
Our solutions are fully compatible with both mobile-first and desktop-first commerce. Whether you are processing transactions through a web portal, e-commerce website, mobile application, virtual terminal, or CRM, we have the right integration infrastructure to ensure smooth transaction processing. Integration options are available through ready-made plugins as well as extensive API documentation. We support a variety of management systems in Latvia, such as WordPress, WooCommerce, Shopify, and Magento.
KYC and Merchant Account Approval Made Simple
Operating a high-risk merchant account in Latvia starts with completing the KYC process. You will need to submit several important documents to the payment processor for review. These generally include proof of business registration (SIA, AS, or NGO), a utility bill confirming a physical address, a voided cheque, and identification for all directors.
Startups should also prepare a credible business plan that outlines the products and services offered, the market potential, an operational roadmap, and financial forecasts. If your business is already processing payments, you must also attach your processing history, this will significantly increase the chances of approval.
Our team will provide full assistance in preparing all these documents in advance to ensure a quicker approval process. In most cases, high-risk merchant accounts in Latvia are approved within 3 to 7 business days after all documentation is completed and your website fully complies with the payment processor’s requirements.
Our team will keep you informed at every step with full transparency. And remember, there are no hidden charges and no guesswork.
Built-In Risk Management Tools and Fraud Prevention
High-risk merchants face elevated scrutiny not just from the payment processor but also from the card networks. That is why our partner processors use intelligent fraud prevention and chargeback mitigation tools that help merchants keep their chargeback ratios under control and reduce fraudulent transactions. These tools include AI-based fraud detection, IP geo-blocking, and 3D Secure 2.0. Together, they help merchants filter out fraudulent transactions and extend the life of the merchant account.
We also help merchants gain access to near real-time chargeback alert services through various providers, including those using the CDRN (Chargeback Dispute Resolution Network). With these alerts, you will have time to respond before disputes become actual chargebacks. Many merchants in Latvia have already significantly reduced their dispute and chargeback ratios by using such tools. Remember: chargeback alert tools are essential for merchants operating in all kinds of high-risk industries.
Why Latvian Merchants Choose QuadraPay
Since 2016, we have helped thousands of businesses around the world secure high-risk merchant accounts. In Latvia, we are one of the most trusted sources of such accounts for businesses that often struggle due to low-risk processors simply declining their applications.
We don’t believe in punishing innovation—we believe in supporting it. That is why we work with a large number of payment processors who have extensive experience working with merchants from high-risk verticals, whether it’s CBD, adult entertainment, vapes, dating, or escort listings.
Our merchants receive clear communication at every step of the application process. Our solutions are available to businesses in Riga, Ventspils, Jelgava, and beyond.
“When others say no, we say yes, because of potential.”
Get Started Today with a Free Quote
If you run a business in Latvia and have struggled to find the right credit card processing solution, QuadraPay is absolutely ready to help. From smooth integration to powerful risk management, we deliver end-to-end merchant services that empower your growth. Get your free quote today by emailing [email protected].