Banks, Financial Services, Latvia
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SEB to introduce new platform for e-commerce in Baltic states
BC, Riga, 19.12.2019.
Print version
Print versionSEB next year will introduce a new platform for e-commerce in the Baltic states, LETA learned from the bank.
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SEB Banka noted that, developing e-commerce solutions, SEB in cooperation with Estonian fintech company EveryPay will introduce a platform that will allow online stores to manage customers' purchases.
The bank explained that the new solutions will use the internet banking services of the largest Baltic banks and PayPal payments. The new solutions will be launched in the first quarter of 2020.
"More and more small and medium enterprises conduct their business online, developing different commercial platforms, thus, secure and convenient payment services are expected of today's financial services providers," siad SEB Banka board member Arnis Skapars.
SEB Banka is Latvia's third largest bank by assets.
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