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

Market Overview

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

Gain insight into Ecuador's most relevant payment methods

  1. 28% Credit Card (1 installment)
  2. 24% Debit Card
  3. 17% Cash payment
  4. 16% Bank Transfer
  5. 10% Credit Card (multiple installments)
  6. 4% Others
  7. 1% eWallet
  • Credit and debit cards

    Play like a local by offering traditional payment methods.

    • Visa
    • Mastercard
    • Alia
    • Diners
    • Discover
  • Cash-based payments

    Learn more

    • Paysafe
    • Payvalida
  • Bank Transfers

    Learn more

    Count on a wide variety of options to drive conversion.

    • Payvalida
    • Paysafe
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