Updated: 31/07/2021
According to resources the total e-commerce revenue of Azerbaijan is valued at $520 million till 2021 and increasing with a growth rate of 4.53% every year.
The main reason behind this exceptional growth is the internet penetration rate in Azerbaijan which is estimated at more than 81.1% in 2020.
The effect of Digitalization in Azerbaijan lifts up its GDP as well as the opportunities for entrepreneurs and businesses.
The government of Azerbaijan has taken a couple of steps to lift up the E-commerce industry by improving logistics, financial conditions, and pushing the Baku E-Trade Forum which is supported by UNCTAD.
The main E-commerce players in Azerbaijan are elan.az| hepsiburada.com and digital payment modes are increasing as the E-commerce industry is developing.
So today we will discuss the best e-commerce payment gateways available in Azerbaijan which can be used by freelancers, entrepreneurs, and businesses.
Best e-commerce payment gateways in Azerbaijan
- 2checkout
- d.local
- PaymentWall
- Bitpay
- Barclaycard Smartpay
- IxoPay
- Ingenico
- e-pul
- Millikart
- Hesab
- Goldenpay
- Million
- Pashabank
- kapitalbank
Useful resources: