What is GoldenPay?

GoldenPay is Azerbaijan’s first and only online payment service provider. It allows local merchants to connect with their customers via Visa and MasterCard payment processing centers, and local merchants with local banks. In other words, GoldenPay enables merchants and their customers to connect using the Internet.

Most importantly, GoldenPay is the first step towards building an effective e-commerce environment in Azerbaijan. The popularity of e-commerce has increased tremendously in the developed world and has proven vital to economic modernization. Local merchants and customers now have the ability to take advantage of this trend. Merchants can increase the size of their market from local to global, while customers can benefit from greater product variety (comparison shopping has never been so easy).