DEVELOPMENT OF ELECTRONIC TRADE IN AZERBAIJAN AND SOLUTIONS TO THE PROBLEMS IN THIS FIELD

  • Shamxal Mammadov Doctoral student of the Department of Economics and Economic Relations, Odlar Yurdu University, Azerbaijan
Keywords: e-commerce, information technology, payment cards, ATM, POS-terminal

Abstract

The article provides information on the establishment and development of e-commerce in Azerbaijan, emphasizing that the scale of this field will expand in our country in a short time. Information was provided on the number of payment cards in Azerbaijan in 2016-2020, the volume of non-cash payments, transactions with debit and credit cards, transactions per ATM and one POS-terminal. The article also notes the volume of transactions carried out by foreigners visiting Azerbaijan through bank cards in January-October 2021 and e-commerce in Azerbaijan in January-October 2019-2021.

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Published
2021-12-07
Citations
How to Cite
Shamxal Mammadov. (2021). DEVELOPMENT OF ELECTRONIC TRADE IN AZERBAIJAN AND SOLUTIONS TO THE PROBLEMS IN THIS FIELD. International Journal of Innovative Technologies in Economy, (4(36). https://doi.org/10.31435/rsglobal_ijite/30122021/7715