Which online payment methods to accept in Iceland?

MasterCard and PayPal are the key online payment methods for Icelandic shoppers.

Apple Pay and Google Pay seem to gain more traction.

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E-commerce Market Profile

Find below the key stats for the Icelandic ecommerce market.
Here you can find the most popular online payment methods in Iceland.

Would you like to know which Payment Service Providers can help you to accept payments online?
Start with a selection of Payment Service Providers in Iceland.


Icelandic Krona (ISK)

Household Internet Access Rate

99% (2020)

Internet Country Code


B2C E-commerce Market Size

estimated 0.6 billion USD (2020)

Population (+ Global Rank)

0.4 million (2020) (#178)

Online Payment Methods

MasterCard, PayPal, Apple Pay, Google Pay

Country GDP (+ Global Rank)

$18,180,000,000 (#153)

National E-commerce Association(s)


GDP per capita (+ Global rank)

$52,200 (#25)

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Number of Payment Providers


Online Payment Methods in Iceland

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