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BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Field testing on electronic money initiates

Posted On 17 Nov 2014

dinero-electronicoToday starts the field test of electronic money, as stated the Manager of the Central Bank, Mateo Villalba.

Efraín Vieira, executive of the Pacific Bank,saidthat everything is ready for the test, which will be performed in two agencies in Quito and Guayaquil.

Those chosen for the pilot could go to the bank and load money with their physical money. Then, with the money they can make purchases. “The whole cycle will be done,” said Villalba. Julio Ocaña, Difare manager, explained that the testing will be performed in agencies of Cruz Azul pharmacies from Quito, Guayaquil and Portoviejo.

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