About
Payphone is an Ecuadorian payment app run by Ecuapayphone C.A., authorised by the Banco Central del Ecuador as an electronic deposits and payments company (SEDPE). Individuals collect card payments into a Payphone Personal balance, no bank account needed, by tapping cards on an Android phone, via QR code or payment link. The balance can be sent free to other users by phone number or QR, spent with a prepaid Payphone Mastercard, or used online by choosing "Saldo Payphone" in a Payphone checkout or approving a payment request in the app. Shops use separate Payphone Business tools to take Visa, Mastercard and Diners cards. Payphone was founded in 2014 and released its first app in 2015.
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