Explore the global markets where Digital River can accelerate your global expansion and revenue.
Accelerate your revenue with a new audience of customers throughout Iceland - 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.
Iceland, while culturally well known with a long and storied history, remains physically isolated with a small native population. The small geothermal island in the North Atlantic is isolated, but combined with a relatively strong GDP and economy, make it an interesting market for ecommerce merchants.
Ecommerce in Iceland is more of a necessity than novelty or convenience. Items not locally produced must be shipped. What used to be done through mail and the phone is now done through ecommerce. Icelanders are fond of platforms like AliExpress, and typically shop at European and American marketplaces that can guarantee the fastest shipment times.
Online retailers offer secure online payment. VISA and MasterCard are widely accepted in Iceland. Apps that facilitate online payment are widely used among younger people, including AUR (https://aur.is/), Kass (www.kass.is/), and Netgiro (www.netgiro.is/). Credit card payment was the most popular payment method among Icelandic online shoppers in 2018, at 92%. Two percent of Icelanders used bank transfers and another two percent used prepaid cards.
Cross-Border Fulfillment: Landed Cost is Available.
In-Country Fulfillment: Not available