Reach new consumers
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
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.
Through a voucher, customers can transfer from any bank in ATMs, bank apps, internet banking or bank branches.