solutions toEverything eMerchants and payment service providers need: accept online payments, support multiple currencies, and ensure seamless checkouts & top-tier security.
The payment dashboard by Magnetiq Bank bringing clarity and simplicity.
With our user-friendly interface, you can effortlessly manage all your transactions, monitor integrations, handle payments and refunds, and respond to disputes — all in one place.
Principal member
Cooperation directly with Visa and Mastercard
allows
our clients to be more flexible in payment
operations
16+ years of experience
With 16 years of hands-on experience in e-commerce
and
fintech, we bring a wealth of practical knowledge
to
meet your needs
€34.8 M capital & reserves
We maintain sufficient capital reserves to meet
regulatory requirements and safeguard our
clients’
assets
Associations member
We are participating in the Fintech Latvia Association,
Finance Latvia Association, The Latvian Blockchain
Association, Fintech HUB LT
EU bank fully licensed
We are committed to transparency and
excellence and
provide seamless banking
experiences across the EU
38.76 % capital adequacy
Our commitment to capital adequacy reflects
our
dedication to risk management and financial
stability
That’s what we believe in, and our clients usually agree on that
Our business relies on efficient and precise financial operations, and we are grateful to Magnetiq Bank for their innovative solutions and comprehensive toolset in payment processing
Magnetiq Bank offers comprehensive payment solutions that cater to the most demanding clients, resolving issues promptly and achieving conversion rates 10% higher than the industry average
Magnetiq Bank eCommerce solutions have enabled us to swiftly launch Discover Cars webpage and expand global reach, thanks to their reliable and professional team
We are excited to have Magnetiq Bank as our banking partners and are confident in our mutually beneficial cooperation based on next-generation technologies
We work with various industries, including retail, travel, e-wallets, accommodation, dating, educational services, copywriting, forex, crypto, gambling, rental services, and many more.
We provide settlement in the following currencies: EUR, USD, GBP, PLN, and RON (coming soon).
We support the following payment methods: credit and debit cards (Visa, Mastercard), Apple Pay, and Google Pay.
We support various payment types, including one-time payments, pre-authorized payments, recurring payments (subscriptions), instalment payments, and one-click payments.
We provide SEPA, SEPA Instant, Target, MoneySend, and Original Credit Transactions (coming soon) for consumer payouts.
Our pricing model is transparent and competitive. It typically comprises transaction fees, service charges, and, depending on your needs and transaction volumes.
Yes, we offer 24/7 customer support through multiple phone, email, and chat channels. Additionally, each client is assigned a personal account manager for dedicated assistance.
Yes, all chargeback-related information is available in our payment gateway. Additionally, e-merchants can connect to Visa Rapid Resolution Center and Mastercard Collaboration Services for enhanced chargeback management.
We offer direct connections with e-merchants without intermediaries and options for Payment Facilitator schemes, digital wallet operators, and third-party processors.
Internet bank 
+371 67772999
Cooperation
Exchange rates
Loyalty program
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