Azerbaijan to change payment rules for online purchases

Online sellers in Azerbaijan will be required to inform buyers about non-cash payment methods, including POS terminals, electronic wallets and other means. Day.az, citing Trend, reported that this provision is part of a draft law amending the Law on Electronic Commerce, which was discussed at a plenary session of the Milli Majlis.

Under the bill, sellers (suppliers) must give buyers (customers) and authorised state bodies access to information on payment methods. Non-cash payments will be processed through payment service providers. The bill also states that e-commerce regulation will be based on the principle of technological neutrality, meaning that no single technology will be favoured or restricted. A provision limiting the law's scope to e-commerce carried out within the country will be repealed.

After discussion, the bill was put to a vote and adopted in its first reading.