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Tus Giros Builds a Global Financial Link from Ecuador
๐Ÿ‡ช๐Ÿ‡จ Ecuador /Economy & Trade

Tus Giros Builds a Global Financial Link from Ecuador

From El Comercio · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

In-depth From a news agency Context piece
  • Tus Giros has operated formally in Ecuador since 2022 with direct regulation from the Central Bank of Ecuador.
  • The platform has more than 30,000 registered customers and has processed over 100,000 transactions.
  • Users can send money to more than 10 destinations, receive funds from the United States and Europe, pay Venezuelan household bills, make mobile top-ups and donate to charities in Colombia and Venezuela.

Tus Giros is presenting itself as a single digital gateway for international payments from Ecuador, rather than a service focused only on remittances.

The platform has operated formally in Ecuador since 2022 and holds direct regulatory backing from the Central Bank of Ecuador. It says more than 30,000 people in the country have registered, while total activity has exceeded 100,000 processed transactions.

Users can send money abroad to more than 10 destinations and receive transfers from the United States and Europe. The app also handles international payments, money transfers, donations and other services without requiring customers to visit a physical branch.

Its reach extends to household needs in other countries. Users can pay water, electricity, internet and television bills in Venezuela, top up mobile phones, and donate to charitable foundations in Colombia and Venezuela.

Tus Giros also offers $5 in PedidosYa credit for each invited person who opens an account. Company spokespeople say the goal is to avoid forcing customers to use multiple platforms, while offering a regulated alternative to traditional channels.

About this summary

Originally published by El Comercio in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.