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Ecuador

Ecuador: Opportunities for success in this expanding digital retail market

By 2028, the digital commerce transaction value in Ecuador is estimated to reach USD$10.43 billion.

* Source: Statista, 2023
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Market Overview

56% of Ecuador's eCommerce market is cross-border.

Gain insight into Ecuador's most relevant payment methods

  1. 35% Credit Card
  2. 21% eWallet
  3. 20% Bank Transfer
  4. 15% Debit Card
  5. 6% Cash payment
  6. 3% Others

  • Credit and debit cards

    Play like a local by offering traditional payment methods.

    • Visa Visa
    • Mastercard Mastercard
    • Alia
      Alia
    • Diners
      Diners
    • American Express
      American Express

  • Cash-based payments

    Learn more

    • Pago Efectivo
      Pago Efectivo

  • Bank Transfers

    Learn more

    Count on a wide variety of options to drive conversion.

    • Payvalida
      Payvalida
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Cameroon Ivory Coast Egypt Ghana Kenya Morocco Nigeria Rwanda Senegal South Africa Tanzania Turkey Uganda Bangladesh China Philippines India Indonesia Malaysia Pakistan Thailand Vietnam Argentina Bolivia Brazil Chile Colombia Costa Rica Ecuador El Salvador Guatemala Honduras Mexico Nicaragua Panama Paraguay Peru Dominican Republic Uruguay

Looking to expand other markets?

Seeking international growth opportunities?

Discover how to succeed in emerging markets with our Payments Handbook.

Gain access today!
Discover how to succeed in emerging markets with our Payments Handbook.
Essentials

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Access country-specific handbooks to <strong> accelerate your business expansion. </strong>