Transact Pro in cooperation with Linstow Center Management launches first in Baltics Eco Mastercard Gift Card for Origo shopping center

18 Dec 2020

Transact Pro, a leading Latvian non-banking financial service provider, at initiative of Linstow Center Management, a leading developer and operator of shopping centers in the Baltics with more than 20 years' experience, have teamed up to develop and launch a first in Baltics Eco Mastercard Closed-loop Gift Card for the “Origo” shopping center. The Origo Gift Card solution has been enhanced to reflect the latest and most modern improvements – this new Eco Mastercard Gift Card made from recycled PVC is now being offered exclusively to Origo customers. The Origo Gift Card is accepted by participating merchants at Origo Shopping center. Mastercard Gift Cards enable optimization of payment processes with retailers, and acceptance and processing of transactions. This process is becoming more convenient for clients and more beneficial for retailers. Jurijs Bordulans, Transact Pro Head of Business Development, stressed, "It is important for us to provide our partners with first-class payment solutions that are universally accepted and easy to use for all retailers”.  “Card issuance is a development with great potential for Transact Pro that opens up new collaborative projects with companies in different areas. At present, Transact Pro delivers Gift Card solutions to a number of shopping centres in the Baltic States," said Transact Pro Head of the board Maksims Jaroševskis.

About Linstow Center Management
LCM is one of the leading real estate developers and managers in the Baltics, operating in this market since 1996. LCM manages and develops the Latvian shopping centres Alfa, Origo and Mols, as well as the largest shopping centre in Estonia - Ülemiste. In the centre of Riga, LCM is developing a modern, natural and socially friendly city quarter. In 2020, the building of the expanded Origo shopping centre with a modern business centre Origo One was opened. Additional information: 

About Transact Pro 
Transact Pro is the leader of the Latvian market in the non-banking financial services sector. It is the first company in the Lativa to operate in this sector, licensed to provide the services in each European Union member state as an electronic money institution by the Latvian Financial and Capital Market Commission, which grants it the right to provide the payment services listed under the license. Transact Pro is a principal member of Visa and Mastercard, and owns an in-house payment processing center and a proprietary PCI DSS 1 compliant payment gateway.