Tariffs for the use of electronic money were approved

Fausto Valencia, Manager of the e-money Project of the Central Bank of Ecuador (BCE) said yesterday that the tariff for the use of electronic money has been approved, which would become effective in late 2014. The use of electronic currency will be a mean of voluntary payment....

The Central Bank of Ecuador assesses service fee for electronic money

The Central Bank of Ecuador (BCE for its Spanish acronym) is negotiating in these days the rates that will be applied to the users. Diego Martínez, President of the BCE, said that although he can not yet disclose the amounts of the fees, these will be much lower than those...