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Sales team
Ecuadorian Local Payment Methods
Reach new consumers
Ecuador
Why enter Ecuador?
12M internet users made online purchases in 2019
The only country in Latin America that uses american dollars.
Sales by eCommerce in 2018 contributed 23% more to GDP than in 2017 (accounting for almost 1.3 billion US dollars).
Source: Statista and JPMorgan
1Bn e-commerce market value
80% of the population uses the internet
7.9% growth in ecommerce
Pagsmile payment solutions in Ecuador
Cash
Cash is the an alternative online payment method in Ecuador which enables an array of expenses such as utility bills, in-store products, and online purchases at convenience store locations.
Bank Transfer
Through a voucher, customers can transfer from any bank in ATMs, bank apps, internet banking or bank branches.
Onboarding
How to start
We have an easy and clear onboarding process that will set your business for success.
1
Click ‘begin’
and fill in a short form. One of our payment experts will then get in touch to understand more about your business.
2
Get set
in our test environment so you can get to know our infrastructure
3
Create account
by signing a single contract and passing our KYC and AML tests
4
Onboard
onto our platform. You’ll then be able to activate your merchants using our easy-to-use portal or via API
5
Start converting
across borders and locally with your Pagsmile-powered payment methods
6
