SEB To Issue Eurocard Corporate Cards In Latvia

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Sweden-based financial group SEB will issue Eurocard-branded corporate credit cards in Latvia, a spokesperson for MasterCard Worldwide tells CardLine Global. Eurocard is part of the MasterCard network. Companies in other parts of Northern Europe already use the card, the spokesperson says. The cards will have chips that carry the global EMV antifraud protection for smart cards, the spokesperson says. MasterCard declined to estimate how many cards might be issued within the first year, and immediate comment from SEB was unavailable.

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