As the digital age continues to transform the world, more and more entrepreneurs are turning to e-commerce as a way to expand their businesses. However, accepting digital payments can be a challenge for small and medium-sized enterprises (SMEs) who often lack the resources and technical knowledge to implement a payment system. That’s where Epoint comes in – a digital payment aggregator and e-commerce platform designed specifically for SMEs.
Epoint’s goal is to make accepting bank card payments easier for entrepreneurs by providing a simple and cost-effective solution. The company operates on a B2B model, offering both transactional and software-as-a-service (SAAS) options to suit different business needs. With Epoint, SMEs can accept payments from customers using any bank card, without any additional costs, technical knowledge, or supporting technical and operational resources.
Winning Recognition in the Global Startup Scene
Epoint’s innovative approach to digital payments has not gone unnoticed. The company has received recognition and accolades from various global startup competitions and forums. In May 2022, Epoint was the only Azerbaijani project among the winners of the Takeoff international startup competition held in Baku as part of the Teknofest aerospace and technology festival, where it became a runner-up.
Epoint also made it to the semi-finals of the Astana Hub Battle, an international startup competition held in September 2022 as part of the Digital Bridge, the largest digital technology forum in Central Asia. Additionally, Epoint is the first fintech company from Azerbaijan to be selected for the 500 Global program and passed Batch 3 in 2022.
Innovation and Partnership
Epoint’s innovative solution is the result of the company’s partnerships with leading international players in the payment and audit industries. Epoint Inc. collaborated with Visa international payment system and BDO international audit company to implement the Epoint project. This partnership has allowed Epoint to provide a secure and reliable payment system for SMEs.
Furthermore, Epoint Inc. is the first Fintech company to receive a “Startup Certificate” from the Ministry of Economy of the Republic of Azerbaijan, freeing the company from an income tax for the next three years. This recognition is a testament to the company’s potential and impact on the Azerbaijani economy.
Epoint’s mission is to enable SMEs to grow their businesses by providing a simple, cost-effective, and secure digital payment solution. With the support of leading international payment and audit players, Epoint has developed an innovative payment aggregator and e-commerce platform that has gained recognition in various global startup competitions and forums. Epoint’s success is a testament to the potential of Azerbaijani startups in the global startup scene.
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