Ecuador: So far 3.3 million transactions serviced through e-money

andes.info.ec reported that through January 2, 2017, a total of 3.3 million transactions were made in Ecuador with e-money through 284.529 accounts for 13.2 million dollars.

Ricardo Quiroga, promoter of the e-money project “Proyecto Efectivo desde Mi Celular del Banco Central del Ecuador” affirmed that until 2016, 1.000 accounts were reported each month but after an intense promotion campaign since May, there was a constant growth until now when an average of 1.000 accounts are created daily.

From the 2.500 transaction sectors with which the project started, 63.500 were completed until December.

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In terms of transportation, there is already an ongoing project with 4.000 taxi drivers registered (1.000 in Quito and 3.000 in Guayaquil) to charge with the electronic money system. There are others in Santa Elena, Cuenca and Loja. Read Article