The Apple Pay digital wallet works in three banks in Ecuador

People in Ecuador can pay with Apple Pay, through credit or debit cards from three banks.

Apple Pay, a mobile payment service or digital wallet from the American technology giant of the same name, is already working in Ecuador.

Exactly, Apple details that the system, for now, can be used in three banks in Ecuador: Produbanco, Banco de Guayaquil and Banco Bolivariano.

The third financial entity enabled the system on April 25, 2024.

Users will be able to pay with the credit or debit cards of these banks through their iPhone or from the brand’s watch, known as the Apple Watch.

To do this, people must register the cards on their devices. Here you can see how to do it.

“Apple Pay is already on your device. It’s built into the iPhone and Apple Watch. So you don’t need to download any apps or take any additional steps,” explains Apple.

He adds that the payment system works in businesses where they accept “contactless payments.” And it details that the use of the wallet has no additional cost.

In Latin America, Apple’s payment system is also available in: Argentina, Costa Rica, El Salvador, Guatemala, Honduras, Panama and Peru.

“The arrival of Apple Pay adds to the broad portfolio of digital payments in the country,” says Jonathan Scaillon, general manager of Visa Ecuador

He adds that “the work carried out jointly in the implementation of tokens so that transactions with Apple Pay are secure for the peace of mind of Ecuadorians is and will continue to be critical.”

Google and Pay Pal

The arrival of Apple Pay comes shortly after other international payment systems begin to operate in the country.

One of them is Google Wallet , which started working a year ago, in May 2023.

The system works in collaboration with payment technology companies Visa and Mastercard.

Paypal is another virtual wallet that announced its arrival in the country at the beginning of 2024.

Paypal is a virtual wallet that allows you to make virtual payments without having to enter your bank details on each platform.