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+371 67772999
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Cooperation directly with Visa and Mastercard allows our clients to be more flexible in payment operations
Payment
solutions to
boost business
growth
Everything e-merchants and payment service providers need: accept online payments, support multiple currencies, and ensure seamless checkouts & top-tier security.
Developed for growth
A unified
payment
dashboard
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.
Why choose us
A better way
to build products
Launch, manage, scale and sell your product with licensed banking infrastructure
Principal members
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 members
We are participating in the Fintech Latvia Association, Finance Latvia Association, The Latvian Blockchain Association
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
What our clients say
Power is to solve
problems together
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
FAQ
Questions
you may have
What industries do you work with?
We work with various industries, including retail, travel, e-wallets, accommodation, dating, educational services, copywriting, forex, crypto, gambling, rental services, and many more.
What processing currencies do you support?
- We support over 100 currencies, enabling seamless global transactions and helping your business expand internationally.
What settlement currencies do you provide?
We provide settlement in the following currencies: EUR, USD, GBP, PLN, and RON (coming soon).
What payment methods do you support?
We support the following payment methods: credit and debit cards (Visa, Mastercard), Apple Pay, and Google Pay.
What payment types do you support?
We support various payment types, including one-time payments, pre-authorized payments, recurring payments (subscriptions), instalment payments, and one-click payments.