Skip to content
iGaming Payment Solutions

78 providers

Open the full catalog

LATAM market brief · Updated Oct 10, 2026

iGaming payments in Ecuador

The market runs on no single dominant rail, settling in USD. 10 providers reviewed on this site reach a local rail, 3 of them by direct acquiring.

betting: regulatedcasino: served from offshoreSee it on the map
No single dominant railMarket dataBy the iGaming Payment Solutions Editorial Team

10

Providers with a rail here

3

Reach it directly

2

Local rails

USD

Settles in

Quick info

Currency
USD
Region
LATAM
Betting
regulated
Casino
served from offshore
Dominant rail
No single dominant rail
Providers
10 (3 direct)
Regulator
Ministerio del Deporte

The rule in Ecuador

Regulator, licensing and what it means for payments

Ecuador formalized sports betting with Executive Decree 487, signed in December 2024, and its operating rules took effect on July 1, 2025. The Ministry of Sports is the regulator. Online casino remains illegal. The economics are heavy for the size of the market: a license runs 5 years and costs 655 unified basic salaries a year, which comes to $315,710 in 2026 at the $482 basic salary. Operators pay 15% of gross revenue, a further 15% is withheld on player payouts, and 15% VAT applies to the digital service. Ecuador is dollarized, so USD is the operating currency and there is no FX layer to manage.

Payment methods in Ecuador

The rails players reach for, in the order that matters locally

  • Local bank transfer (Pichincha)major

    bank transfer

    Bank transfers run in US dollars, since Ecuador uses the dollar as its currency.

  • PayPhonemajor

    e-wallet

    PayPhone is a homegrown Ecuadorian wallet.

Which providers reach these rails

10 of the providers rated here reach a local rail in this market

Direct acquiring

3

A direct relationship with the local rail rather than a hop through someone else's.

  • EBANX

    Rails: Local bank transferLocal bank transfer (Pichincha)

  • PayRetailers

    Rails: Local bank transferLocal bank transfer (USD)

  • Paysafe

    Rails: PagoEfectivo, SafetyPay bank transferSafetyPay bank transfer (Pichincha etc.)

Aggregated or indirect

7

Reached through open banking, an aggregator, a partner PSP or a wallet rather than through the provider's own local acquiring.

What it costs to operate, and who enforces

Operator tax

15% of gross revenue, 15% withheld on player payouts, 15% VAT on the digital service

License economics

655 unified basic salaries a year ($315,710 in 2026), 5-year term, sports betting only, online casino illegal

Regulator

Ministerio del Deporte