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Build a new audience and boost your revenue by selling into Israel, leveraging our proven global infrastructure to enter new markets with ease..
*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.
Driven by a thriving tech and security sector, Israel is the definition of a modern economy. For a small industrialized country operating in a tough locale, Israeli birth rates remain higher than those of many European countries. It has a large middle class, and recent news on the political front is positive. For the first time in history, a Gulf Emirate has recognized Israel’s legitimacy.
Analysts predict that by the end of 2023, the ecommerce market will reach approximately $5.5 billion in domestic sales. Israelis tend to use ecommerce to purchase clothing, consumer electronics, personal care items, and grocery. While there’s room for brands to carve out a direct-to-consumer business, most ecommerce purchases are currently made through large marketplaces.
Available currencies will depend on the payment method provider, as well as any regulatory restrictions.
Digital River can support the sales of these types of products for this specific market.
Cards are most popular payment methods, making up more than 50% of online purchases. MasterCard has a 47% share of the Israeli card market. PayPal and a range of other local/regional digital wallets come next with 14%.
The list below represents the current categories of payment options Digital River supports for this market.