Volume Of Transactions Through Azerbaijan's Epoint E-Commerce Platform Revealed
(MENAFN- Trend News Agency) BAKU, Azerbaijan, Aug.3. The total number of
successful operations through Azerbaijan's Epoint e-commerce
platform has exceeded 356,400 transactions to date, co-founder of
Epoint startup Hasan Hasanov told trend .
According to him, the average amount of transactions is 65.5
manat ($38.5).
"Our company specializes in technological solutions, business
optimization systems, e-commerce and cashless payments," Hasanov
added.
He stressed that currently the total turnover of the platform
exceeds 23.3 million manat ($13.7 million), and the total number of
registered customers is 566.
In 2022, the volume of transactions stood at 219,600, the
average amount of transactions - 63.01 manat ($37.06), and the
total turnover - 13.8 million manat ($8.1 million).
The Central Bank of Azerbaijan (CBA) in accordance with the
requirements of the "CBA Digital Payments Strategy for 2021-2023"
aims to increase the share of non-cash payments through payment
cards within the country up to 48 percent.
In addition, within the framework of this strategy, it's planned
to increase the share of contactless payment cards in the market up
to 75 percent.
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