NEW YORK - MasterCard International said banks in Latvia have begun using MasterCom, the electronic imaging system that speeds retrieval of transaction documents when needed to resolve problems or disputes.

Servo, a Stockholm-based credit card processor, will handle the chargeback requests for the four major Latvian financial institutions: Riga Commerz Bank, Joint Stock Commercial Bank/Baltija, LandBank of Latvia, and Latvian State Savings Bank. The requests are transmitted via MasterCard's Banknet communcations system.

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