Explore the global markets where Digital River can accelerate your global expansion and revenue.
Accelerate your revenue with a new audience of customers throughout Armenia - without friction or complexity.
*The sale of certain products in this market may be subject to international export regulations. If you would like to learn more about selling into this market, lets chat.
Armenia has a developing economy, with its GDP rising 7.6% in 2019, which is viewed as the most elevated GDP development in Europe. Ecommerce is growing due to expanded use of the internet, credit cards, and online banking. There are limitations for ecommerce, however, due to little disposable income and an unregulated economy. Many people continue to prefer cash payments, and in many locations postal services are not robust enough to support ecommerce.
Throughout Europe, payment methods based on the banking rails are becoming more dominant, buy-now, pay-later solutions are on the rise, and digital wallets are becoming more widely accepted. Europe holds a lot of opportunity: the ecommerce market value is said to be worth EUR 717 billion at the end of 2020 (with a 12.7% increase since 2019).
Credit cards are most popular payment method followed by digital wallets
Cross-Border Fulfillment: Landed Cost is Available.
In-Country Fulfillment: Not available