Ecommerce has been increasing steadily in Ecuador. Explore its opportunities.

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Population 16M
Economy 8th in Latin America
Currency USD American Dollar
Online Users 56%M
Online Shoppers 2.9M
Banked Population 58%

Ecommerce is the fastest growing retail market in Ecuador. It experienced a 25% increase between 2016 and 2017, according to the Ecuadorian Chamber of Electronic Commerce (CECE).


Offer Ecuadorians alternative payment methods to make them feel safe to buy online.

Reach 100% of the Ecuadorian market by offering payment methods that are familiar to them. With local payment methods, you are able to reach consumers who are reluctant to use their credit card to buy online, the unbanked population, those who do not want to disclose personal information for fear of fraud, and consumers who want to buy outside of their country but only have cards that are accepted domestically and the unbanked population.

Understand the Ecuadorian
market better

25% increase in Ecuadorian ecommerce, from 2016 to 2017.

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Sell more to other countries in Latin America