GoldenPay, the largest online payments company in Azerbaijan, was founded in July 2007. The company received licenses from international payment systems such as Visa International and MasterCard in order to offer merchants the ability to accept online bank card payments on their website or mobile application. Any person or company with an Azerbaijani tax ID can receive payments via GoldenPay for the services or products they sell. Starting in 2018, GoldenPay will offer a new payment method for merchants: mobile balance.

Another of GoldenPay’s main products is the digital services platform Hesab.az. Hesab.az allows users to access many services and products on the Internet via its web and mobile application. At the moment, payments in this ecosystem are carried out by using bank cards and a wallet. In 2018, payments through mobile balance will also be possible. Hesab.az users can pay their utility, mobile, internet and other bills, buy movie tickets, as well as insurance. The number of services offered by the platform is growing each day. In the near future, a similar platform will be launched in Bosnia and Herzegovina. Other countries are planned as well.