Top Payment Gateway and Payment Processor in Ecuador 2025
Population
Percentage of Online Shoppers
Consumer Spending
The Best Payment Gateways in Ecuador 2025
Choosing the best payment gateway means considering: - Support for local and international cards (Visa, Mastercard, American Express) - Integration with Ecuadorian banks (Banco Pichincha, Banco del Pacífico) - Mobile wallet and QR code payment support - Fast settlement and secure transfers - Fraud detection and compliance with Ecuadorian regulations - API integration and e-commerce platform plugins
| Payments gateway | Countries | Pay methods | Currencies | Website |
|---|---|---|---|---|
 PayPal | Global | Cards, PayPal balance, Cross-border | USD, Multi | Open |
 Stripe | Global | Cards, Cross-border | USD, EUR, other | Open |
 EBANX | Ecuador | Cards, Local Bank Transfers, Cash Vouchers | USD | Open |
 PayU | Ecuador | Cards, Local Payment Methods | USD | Open |
 2Checkout | Ecuador | Cards, Online Payments | USD | Open |
Kushki — Local Ecuadorian Gateway
Kushki is widely used in Ecuador and optimized for local businesses. It supports debit/credit cards, bank transfers, QR codes, and mobile wallets.
| Feature | Details |
|---|---|
| Payment Methods | Cards, Bank Transfers, Mobile Wallets, QR Codes |
| Settlement Period | Fast, T+1 in USD |
| Mobile Integration | iOS/Android SDK, Shopify/WooCommerce plugins |
| Documents | Local business registration |
| Dashboard | Analytics, refunds, payouts, fraud tools |
| Customer Support | 24/7 Ecuador-based |
| Payment MethodsCards, Bank Transfers, Mobile Wallets, QR Codes | |
| Settlement PeriodFast, T+1 in USD | |
| Mobile IntegrationiOS/Android SDK, Shopify/WooCommerce plugins | |
| DocumentsLocal business registration | |
| DashboardAnalytics, refunds, payouts, fraud tools | |
| Customer Support24/7 Ecuador-based |
Pros
- Best local support for Ecuadorian merchants
- Supports multiple local payment methods
- Easy integration and secure transactions
Cons
- Cross-border fees may be higher
- Limited for global merchants needing multi-currency
Paymentez — Local Coverage + Flexibility
Paymentez combines local Ecuadorian support with regional reach, suitable for merchants processing domestic and Latin American payments.
| Feature | Details |
|---|---|
| Payment methods | Cards, Wallets, Bank Transfers, QR Codes |
| Settlement | USD settlement available |
| Mobile Integration | Plugins, APIs, SDK |
| Onboarding | Business verification |
| Dashboard | Real-time analytics, reporting |
| Payment methodsCards, Wallets, Bank Transfers, QR Codes | |
| SettlementUSD settlement available | |
| Mobile IntegrationPlugins, APIs, SDK | |
| OnboardingBusiness verification | |
| DashboardReal-time analytics, reporting |
Pros
- Excellent for regional cross-border transactions
- Supports multiple local payment methods
Cons
- Integration can be more complex
- Slightly higher fees for small businesses
PayPal — International Payments
PayPal is widely used for cross-border e-commerce, enabling Ecuadorian merchants to sell globally.
| Feature | Details |
|---|---|
| Payment Methods | Cards, PayPal balance, International transactions |
| Settlement | Variable; requires linked bank accounts |
| Mobile Integration | Plugins, APIs |
| Best For | Global sales, SaaS, online marketplaces |
| Payment MethodsCards, PayPal balance, International transactions | |
| SettlementVariable; requires linked bank accounts | |
| Mobile IntegrationPlugins, APIs | |
| Best ForGlobal sales, SaaS, online marketplaces |
Pros
- Global reach and trusted brand
- Supports refunds and buyer protection
Cons
- Not all Ecuadorian banks fully compatible
- Transaction fees for currency conversion
Stripe (Cross-Border) — SaaS & Global E-commerce
Stripe allows international transactions for Ecuadorian businesses, ideal for SaaS and e-commerce targeting global buyers.
| Feature | Details |
|---|---|
| Availability in Ecuador | Cross-border only |
| Currencies | USD, EUR, others |
| Integration | API, Plugins, Mobile SDK |
| Best For | Global SaaS, digital goods, subscriptions |
| Availability in EcuadorCross-border only | |
| CurrenciesUSD, EUR, others | |
| IntegrationAPI, Plugins, Mobile SDK | |
| Best ForGlobal SaaS, digital goods, subscriptions |
Pros
- Best-in-class API for developers
- Smooth global payment processing
Cons
- No full local USD settlement
- Higher fees for Ecuadorian merchants
EBANX — Local Payment Aggregator
EBANX specializes in Latin American local payments, including Ecuador, allowing merchants to accept cards, bank transfers, and cash vouchers.
| Feature | Details |
|---|---|
| Payment Methods | Cards, Local Bank Transfers, Cash Vouchers |
| Settlement | Fast USD payouts, local bank support |
| Integration | APIs, Plugins, SDK |
| Onboarding | Business verification required |
| Dashboard | Real-time reporting, fraud monitoring |
| Payment MethodsCards, Local Bank Transfers, Cash Vouchers | |
| SettlementFast USD payouts, local bank support | |
| IntegrationAPIs, Plugins, SDK | |
| OnboardingBusiness verification required | |
| DashboardReal-time reporting, fraud monitoring |
Pros
- Strong support for Ecuadorian local payment methods
- Multi-currency and cross-border support
- Easy integration for marketplaces
Cons
- Slightly higher fees for small merchants
- Limited global recognition compared to Stripe/PayPal
PayU — Regional Payments for Ecuador
PayU supports Ecuador and LATAM merchants with cards and local payment methods, suitable for online retailers.
| Feature | Details |
|---|---|
| Payment Methods | Cards, Local Payment Methods |
| Settlement Period | USD payouts |
| Integration | API, Plugins, Mobile SDK |
| Onboarding | Business verification |
| Dashboard | Analytics, transaction monitoring |
| Payment MethodsCards, Local Payment Methods | |
| Settlement PeriodUSD payouts | |
| IntegrationAPI, Plugins, Mobile SDK | |
| OnboardingBusiness verification | |
| DashboardAnalytics, transaction monitoring |
Pros
- Good coverage for Latin America
- Supports multiple payment channels
- Reliable payouts in USD
Cons
- Higher integration complexity than local-only gateways
- Fees may be high for small merchants
2Checkout (Verifone) — International Cards & Digital Payments
2Checkout enables Ecuadorian merchants to accept global cards and online payments.
| Feature | Details |
|---|---|
| Payment Methods | Cards, Online Payments |
| Settlement Period | USD, cross-border settlements |
| Integration | API, Plugins, SDK |
| Onboarding | Business verification required |
| Dashboard | Reporting, analytics, fraud tools |
| Payment MethodsCards, Online Payments | |
| Settlement PeriodUSD, cross-border settlements | |
| IntegrationAPI, Plugins, SDK | |
| OnboardingBusiness verification required | |
| DashboardReporting, analytics, fraud tools |
Pros
- Accepts international cards easily
- Supports cross-border e-commerce
- Easy integration with major platforms
Cons
- Limited local payment method support
- Higher fees for small Ecuadorian merchants
Popular Online Payment Methods in Ecuador
| Payment Method | Description | Examples / Providers | Pros (+) | Cons (-) |
|---|---|---|---|---|
| Card Payments | Debit & credit cards for e-commerce | Visa, Mastercard, AmEx, Diners Club | Fast, secure, widely used | Transaction fees, rural adoption limited |
| Mobile Wallets | Instant transfers via mobile apps | Bimo, digital wallets | Instant, convenient, QR support | Requires smartphone & internet |
| Bank Transfers | Direct transfers between accounts | Banco Pichincha, Banco del Pacífico | Safe, familiar for buyers | Slower processing, less flexible |
| QR Code Payments | Contactless scanning for POS & online | QR-enabled apps | Fast, contactless | Adoption mainly urban |
| International Payments | Cross-border & multi-currency | PayPal, Stripe | Global reach, secure | Fees, integration complexity |
| Refunds & Chargebacks | Secure dispute handling | Integrated with gateways | Reduces risk for merchants | Can take extra processing time |
How Online Payment Transactions Work
Buyer Initiates Payment – Selects product/service and payment method.
Payment Gateway Processes Data – Encrypts sensitive information.
Bank Authorization – Verifies funds, approves or declines payment.
Transaction Confirmation – Sent to buyer and merchant.
Settlement – Funds deposited into merchant account, minus fees.
Key Features for E-Commerce Platforms
- Security & Compliance: Gateways comply with local banking laws and anti-fraud standards.
- Multiple Payment Options: Cards, bank transfers, mobile wallets, and QR codes.
- Seamless Integration: APIs and plugins for Shopify, WooCommerce, Magento.
- Scalability: Handles growing transaction volumes.
- User Experience: Fast checkout, mobile-optimized, QR payments.
Choosing the Right Payment Method in Ecuador
| Feature | Local Gateways (Kushki, Paymentez) | International (PayPal, Stripe) |
|---|---|---|
| Payment Options | Cards, Bank Transfers, Mobile Wallets, QR | Cards, PayPal balance, Multi-currency |
| Integration | APIs, Plugins for local e-commerce | APIs, Plugins; some bank limitations |
| Transaction Speed | Instant – 24 hours | Instant – 48 hours |
| Fees | Cost-effective locally | Higher for cross-border & conversion |
| Regulation | Compliant with Ecuadorian law | Compliant globally, extra verification may be needed |
| Reliability | High for domestic payments | High for international payments |
Future Trends in Ecuadorian Online Payments (2025)
- Wider adoption of mobile wallets in urban areas
- Growth of QR code and contactless payments
- Expansion of cross-border e-commerce
- Integration of digital currencies for tech-savvy buyers
- Scalable single-platform solutions for merchants
FAQ
Which payment methods are available in Ecuador?
Debit/credit cards, mobile wallets (Bimo), bank transfers, QR codes, cash, digital currencies.
What are the requirements for a payment gateway in Ecuador?
Compliance with banking regulations, secure encryption, fraud prevention, refund/chargeback handling, API integration.
How does a payment gateway work?
Buyer selects a payment method Gateway encrypts data Bank/processor authorizes transaction Confirmation sent to buyer & merchant Funds settled in merchant account
Can PayPal work in Ecuador?
Yes, for international payments. Some Ecuadorian banks may require extra steps; fees may apply.
