About
Deuna is a QR payment app created by Ecuador's Banco Pichincha, available since May 2020 and legally an application of the bank rather than a separately licensed fintech. The payer scans a Deuna QR code shown by a shop or another person and confirms the amount, and the payment is credited immediately. Pichincha customers can also pay from the bank's Banca Móvil app, while the standalone Deuna app is open to non-customers. Merchants sign up in the app, print their QR code and start collecting, and payments between Deuna users carry no commission. Forbes Ecuador reported 4.5 million users and 380,000 merchants in August 2024.
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