• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Ecuador may export bovine and buffalo genetic material to Paraguay
Four provinces capture 74.7% of the remittances sent by migrants
Petroecuador faces the financial blockade of four European banks.
President Lenín Moreno issues a state of emergency decree and curfew in 16 provinces
Meetings to make payments and purchase items in the US, details that are revealed about the Las Torres case
Price of PCR tests will have a maximum of $ 45
Production and sale of the famous Pelileo jean decrease due to the crisis.
Municipality of Palora assumes a fee for pitahaya, which will finance fruit fly monitoring
All Galapagos adults will be vaccinated until the end of May
Civic Front for the Injured by the Comptroller’s Office asks the Prosecutor’s Office to link the deputy comptroller Valentina Zárate and other officials to the Las Torres case

Electronic money via mobile

Posted On 04 Apr 2014

dinero-movil-banco -centralElectronic money system is ready and will be implemented from this year. The project will allow that every citizen, regardless of their level of income, to open a cash account. The operation will be fulfilled at the Central Bank.

After opening the account, the user must link it with his cell phone. Hence all the account information is stored and transactions occur.

The use of virtual money may also be using smart cards and other electronic devices. In addition, the new money be changed – in the same bank – money physical anytime without having a cost per conversion.

Financial institutions, popular and solidary economy agencies, public enterprises, suppliers and companies dedicated to the consumer will be macroagentes. From there, users will use electronic money.

For these procedures it is not necessary that the person concerned has a bank account. One of the objectives of this project is to link the population that has no access to banking.

With the time, explains the text, it will have the segment information and strategies can be designed to add them to the banking and have access to credit and other financial services.

About the Author
  • google-share
Previous Story

The Falkland Islands are a NATO military base according to Argentine President

Next Story

Helping victims of Chile earthquake is coming slowly

SEARCH

LATEST NEWS

Ecuador may export bovine and buffalo genetic material to Paraguay

Posted On 22 Apr 2021

Four provinces capture 74.7% of the remittances sent by migrants

Posted On 22 Apr 2021

Petroecuador faces the financial blockade of four European banks.

Posted On 22 Apr 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net