Expert Payment Service Provider in Latvia

As a payment service provider and MOR in Latvia, we simplify transactions, taxes, and compliance, letting you focus on growing your business.

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What service features we offer?

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Tax Compliance

Manage VAT, GST, and Latvian tax obligations seamlessly to ensure full financial compliance.

Payment Management

Handle payments, refunds, chargebacks, and disputes efficiently while managing financial risks.

Legal Accountability

Filuet assumes legal responsibility for Latvian transactions, ensuring secure operations.

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Complete compliance

Filuet ensures thorough Latvian tax compliance, preventing potential risks and regulatory issues effectively.

Focus on expansion

We manage all payment processing and compliance needs, allowing you to concentrate on sustainable business growth.

Reduced financial liability

Filuet handles disputes, fraud, and chargebacks, minimizing financial risks and protecting your business.

Affordable operations

Leverage Latvia’s competitive costs to support efficient, cost-effective, and streamlined MOR services.

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million consumers
600%
lower operational costs
20%
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Our Process

Setup & Onboarding

We integrate your systems with our Merchant of Record service, ensuring seamless onboarding.

Payment Processing

We handle all payments on your behalf, including collecting taxes, processing payments, and managing refunds.

Tax Compliance

We ensure compliance with local tax regulations, including VAT, GST, and other regional taxes.

Risk Management

We manage fraud prevention, chargebacks, and disputes, reducing your financial risk.

Legal & Financial Reporting

We provide detailed financial reporting and ensure full legal compliance, freeing you from administrative burdens.

Frequently Asked Questions

Check out our FAQ section for insights into our services, product handling, logistics, and more. If you have further questions, don’t hesitate to reach out to us!

What is a Merchant of Record?
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A Merchant of Record (MOR) is the entity responsible for handling transactions, including payment processing, tax compliance, and legal responsibilities.

How does an MOR service help my business?
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An MOR service simplifies global selling by handling all financial, legal, and tax responsibilities, allowing you to focus on growing your business.

Who is liable for taxes with a MOR?
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The MOR is responsible for collecting, reporting, and remitting taxes such as VAT, GST, and sales tax.

Can I use MOR services for international transactions?
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Yes, a MOR service is especially beneficial for businesses expanding globally, as it manages different tax and legal systems across countries.

What are the risks managed by the MOR?
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The MOR handles risks like fraud prevention, chargebacks, and disputes, protecting your business from financial and legal exposure.

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