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. 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
    • Diners
    • American Express
  • Cash-based payments

    • Pago Efectivo
  • Bank Transfers

    Count on a wide variety of options to drive conversion.

    • Payvalida
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