Payphone — Payment Gateways

Payphone — Payment Gateways logo
Mobile payment platform that eliminates physical cards by allowing transactions via phone number in Ecuador and Central America.
Payphone operates as a payment gateway, focusing on mobile transaction solutions within the Latin American market. Established in 2014, the company's core offering streamlines payment processes by enabling transactions directly through mobile phone numbers, thereby reducing reliance on physical cards. This approach addresses a specific need in regions where digital payment infrastructure may benefit from simplified, mobile-centric alternatives. The company maintains its headquarters in Cuenca, Ecuador, and has developed a presence in markets including Ecuador, El Salvador, and Panama. The platform's product suite includes QR-based collections, payment links, and a dedicated personal payment application, alongside its "Payphone Business" offering designed for commercial entities. These services cater to both individual users and businesses, facilitating a range of financial interactions from consumer purchases to merchant settlements. The emphasis on mobile phone number-based transactions differentiates Payphone from traditional card-centric payment gateways, providing an alternative for users and businesses seeking more direct digital payment methods. Payphone's operational framework is supported by regulatory compliance and security certifications. The company holds a license as an Auxiliary Services Entity for Payment Systems from the Central Bank of Ecuador (BCE), indicating adherence to national financial regulations. Additionally, it has achieved PCI DSS Level 1 certification, a standard for data security in the payment card industry, and ISO 27001, an international standard for information security management systems. These certifications aim to ensure the security and integrity of the payment data processed through its systems.
Payphone - Technical Sheet
Founded2014
HQCuenca, Ecuador
CountryEcuador
CityCuenca
Employees50-200
LicensesEntidad de Servicios Auxiliares de los Sistemas de Pago (BCE)
CertificationsPCI DSS Level 1, ISO 27001
ProductsQR Payments, Payment links, Personal payment app, Payphone Business
Emailinfo@payphone.app
Webhttps://www.livepayphone.com

Frequently Asked Questions

Is a physical terminal required to collect payments with Payphone?
No, Payphone operates entirely digitally, allowing merchants to collect payments through the app using phone numbers or QR codes without needing additional hardware.