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Eduardo Peña is delegate to preside over the Board of Directors of the IESS
Daniel Noboa and the new Military Chief talk about a war against organized crime
Supermarkets and restaurants use self-service checkouts
President Daniel Noboa visited the Quito Metro
Assembly installed the new Comptroller General
Vice President Verónica Abad agreed to go to Israel
Where is the best coffee in Ecuador? These are the winners of the 2023 Golden Cup
Amy Chalán, the first Kichwa Saraguro to graduate from Harvard
The Prosecutor’s Office requests house arrest for Danilo Carrera for the Encuentro Case
President Daniel Noboa established four lines for his management

Electronic money plan pilot will start with 600 customers

Posted On 07 Nov 2014
de

ANDES

The Financial Regulatory Board approved on November 6 the costs of electronic money operations, while the pilot plan of the system is already underway.

The plan will serve to measure the effectiveness of the technology platform developed by the Central Bank of Ecuador (BCE for its Spanish acronym) and, if necessary, make adjustments to the system, which will begin operations in the third week of December.

Electronic currency is a medium for voluntary payment using the cell phone to buy goods or pay for services. The backup mean is in American dollars: if a person has $ 1, he may change it by its equal in electronic.

In the pilot plan, which will last until the end of November, various stakeholders, including officials, 600 customers and 20 private companies are involved, said the BCE Manager Mateo Villalba .

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