E Com In Az

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  • 1. Farid Ismayilzada Country Director of SilverKey Azerbaijan Premier e-Commerce solution provider in Azerbaijan e-Commerce in Azerbaijan: Today and tomorrow
  • 2. SilverKey Technologies
    • Founded in Chicago in 2003
    • Expanded to India, Egypt, Morocco, Azerbaijan, and Ukraine
    • All offices work in web development but have different niche markets in their countries
    • All offices are Microsoft Certified Partners
  • 3. SilverKey Azerbaijan
    • Founded in September 2006
    • Microsoft Gold Certified Partner
    • Prepared program for e-commerce development in Azerbaijan between 2007 and 2012
    • Set up first ever payment gateway company in Azerbaijan (GoldenPay)
    • Working closely with banks, companies and the government on e-commerce projects
  • 4. e-Commerce research showed
    • We have 50 e-shops, 2-3 internet banking systems, 2-3 tourism portals, 1 online food ordering website, 2-3 online entertainment portals
    • Turnaround in e-Commerce in Azerbaijan is not over 100K in a year
  • 5. e-Commerce research showed
    • NEGATIVES
    • Low internet penetration
    • Low computer penetration
    • Low plastic card penetration
    • Wrong internet habits
    • No internet payment
    • POSITIVES
    • High interest to e-commerce
    • Enough for foundation
  • 6. GoldenPay
    • First and Only Online Payment System in Azerbaijan
    • The Most Important e-Commerce Enabler
    • System is Visa and MasterCard approved
    • SSL encryption from VeriSign
    • Works with two banks which have been verified by Visa and MasterCard Secure Code licenses
    • Integration is Easy
  • 7. Clients of GoldenPay
    • Mobile operators
    • Banks
    • Internet providers
    • e-Shops
    • Utility firms
    • Travel agencies
    • Hotels
    • Entertainment companies
    • Airline companies
    • Other various service providers
  • 8. Plans for Future: Computers
    • National Computer Project has been launched by MCIT, together with Microsoft and Intel. It will allow computers to be affordable (the cost of about 1 coffee per day).
  • 9. Plans for Future: Legal
    • e-Commerce Law has been adopted already. More work is required to develop an updated package in 2009.
    • International Cyber Crime Convention has been signed
  • 10. Plans for Future: Education
    • Educational www.e-commerce.az portal will be developed as an online e-commerce resource
    • Package for curriculum changes will be developed and submitted to Ministry of Education
  • 11. Plans for Future: e-Signature
    • e-Signature Law has been adopted and the necessary technology is on its way. The first e-Signatures will appear within the next 3 months.
  • 12. Plans for Future: Tax
    • New tax policy for e-Commerce is on its way. It will be discussed with Tax Ministry in the first half of 2009.
  • 13. End Goal
  • 14. Contact Information
    • Address:
    • 494/20A Inshaatchilar Ave.
    • Baku, Azerbaijan AZ1065
    • Phone:
    • (+994 12) 510 1713
    • Website:
    • www.silverkey.az
    • www.goldenpay.az