Electronic Accounts Payment Processor salary in Latvia

Average Yearly Salary of Electronic Accounts Payment Processor in Latvia is approximately 15,024 EUR (15,063 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Electronic Accounts Payment Processor do?

An electronic accounts payment processor is responsible for facilitating online transactions by securely processing payments made through electronic channels. This occupation involves working with various payment methods such as credit cards, debit cards, e-wallets, and digital currencies. The payment processor ensures that transactions are accurately authorized, verified, and completed in a timely manner. They also handle any issues or disputes related to payments, ensuring customer satisfaction and resolving any potential problems. Additionally, they may be responsible for maintaining transaction records, generating reports, and analyzing payment data to identify trends and improve processes. This occupation requires strong attention to detail, excellent organizational skills, and a solid understanding of payment processing systems and technologies.

Skills: Electronic accounts payment processor, Online payment facilitator, Transaction processing specialist, E-commerce payment handler, Payment verification expert, Digital payment analyst.
Job industry: Finance

How much does Electronic Accounts Payment Processor make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Electronic Accounts Payment Processor a well paid job?

No, our data shows that Electronic Accounts Payment Processor is typically not a well-paid job. The salary varies based on experience. Meaning that even though Electronic Accounts Payment Processor might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Electronic Accounts Payment Processor?

High salary for Electronic Accounts Payment Processor would be somewhere between 16,526 EUR and 21,785 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Electronic Accounts Payment Processor in Latvia?

Living in Latvia the approximate monthly expenses are: 860 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 15,024 EUR
Estimated Monthly Salary: 1,252 EUR
Estimated Weekly Salary: 289 EUR per week
Estimated Hourly Salary: 7 EUR per hour
By working as Electronic Accounts Payment Processor a person can save up to 395 USD per month or 4,743 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Latvia, see costs of living in Latvia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Estonia, Russia, Belarus, Lithuania..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Electronic Accounts Payment Processor

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Latvia

Data as of 2025

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