The most recent "Payment Radar" of Latvijas Banka suggests that the use of instant payments is growing at a relatively high rate, and the popularity of non-cash settlement supported by an increase in its user-friendliness continues to strengthen, but cash, at the same time, holds its position.
The present overview contains the latest information on money usage habits of Latvia's households, businesses and the public at large. The "Payment Radar" is published semi-annually and available on Latvijas Banka's website (https://www.bank.lv/en/tasks/p...
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