Ecuador, a potential market for growth-oriented companies

The E-commerce market in Ecuador is still in an early stage, however, with the growing access to the internet and smartphones Ecuadorian consumers are starting to buy more online and global companies are increasingly curious about the power of this potential market.

Get Started
Trust and used by global companies
   
market-ecuador

The use of mobile devices and social networks have increased e-commerce sales in Ecuador

  • 93%* of the population has mobile phone connections.

  • Ecuador has 12M* internet users, representing 71% of the country’s population.

  • Compared to other Latin American countries Ecuador holds some advantages. The country doesn’t have many restrictions for foreign transactions, also its official currency is USD.

  • Most of the consumers who are buying online in Ecuador choose international e-commerce stores.

White Paper

Latam: Market & Payments

Learn everything there is to know about the Latin American market, and get some insights to succeed in the region.

Colombia: Market and Payments whitepaper

Reach 100% of Ecuadorian Online Shoppers with Local Payment Methods

Local Payment Methods in Ecuador

Research shows that the fear of giving out personal information and being swindled is the biggest motivation for not buying on the internet. Increase your sales by offering Ecuadorians the local payment methods that they trust and are used to.

E-commerce transactions by payment methods in 2019

Source: AMI datapack, 2020

Available with local payment processing.

Available with international payment processing.

 
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Source: Lorem Ipsum Lorem Ipsum

  • Voucher and Electronic Payment

    Cash and Electronic Payment Solution

    A voucher payment and a real-time bank transfer method. Easy and secure solution for customers who wish to pay in cash or through their online banking service.

    Discover more about Voucher and Electronic Payments

  • Local Credit Cards

    MasterCard Visa AmericanExpress DinersClub Elo Hipercard

    The usage of credit cards has been growing. Although, only 30% of credit cards issued in Brazil are able to make international purchases. Start to accept both international and domestic cards and increase your conversions.

    Discover more about credit cards

  • Local Debit Cards

    Boleto EBANX Boleto EBANX Boleto EBANX Boleto EBANX

    Debit card is a common payment method in Brazil, today, there are 346M active debit cards in the country, also 647B reais were spent using this method in 2019. Accept debit cards to reach a new consumer base and optimize your revenue in Brazil.

    Discover more about debit cards

  • Installments

    Brazilians have the habit of splitting the total amount of a purchase made with a credit card in up to 12 monthly payments. Allow your customers to make higher-value purchases and increase your average ticket.

    Discover more about installments

  • Alternative Payments

    Bank Transfer Online Debit

    Brazil has several ways to pay online beyond credit cards. Bank Transfer and Online Debit are two effectivity payment options. Allow consumers to use their usual bank account to make an immediate payment without the risk of chargeback for you.

    Discover more about Bank Transfer

    Discover more about Online Debit

  • Digital Wallets

    MercadoPago PayPal

    The popularity of digital wallets is increasing in Brazil, mostly due to the benefits offered by them, such as convenience, security, and simplicity to pay. Be ahead of the market and start to offer digital wallets on your e-commerce store.

    Discover more about digital wallets

Get the broadest reach with Ecuadorian payment methods

Request Contact

Recurring Payments

More people have access to the Internet, which is driving the growth of streaming, video, and audio services in Brazil. Accept recurring payments in local currency and optimize your revenue.

Our payment solution is tailored for Latin America and accommodates diverse subscription models available in the market to supports the needs of your company.

Increase your customer base.

Reduce churn with automatic recurring billing.

Boost payment acceptance in a safe way.

Localized customer experience with payment transparency.

Payout

Pay your Brazilian suppliers simply and securely, in the way they want to be paid. EBANX Payout offers all the support as regulation, compliance, taxes, and local connections to make this payment process smooth to you and to your Brazilian partners.

Discover more about Payout

Pay your Brazilian local suppliers in compliance with local rules and regulations.

Pay your Brazilian local suppliers in compliance with local rules and regulations.

Pay your Brazilian local suppliers in compliance with local rules and regulations.

Pay your Brazilian local suppliers in compliance with local rules and regulations.

Learn more about the Ecuadorian market

Research
beyond_Borders
Beyond Borders: the cross-border consumption in Brazil
Download now
Report
TravelReport
Latin America Travel Report
Download now
Latest news by
 

Ready to expand your business in Ecuador?

Get Started