A Software Architecture Design Based on Microservices for an E-wallet in Ecuador

The use of payment apps, also known as mobile wallets, has increased worldwide in recent years, especially after the COVID-19 pandemic. However, in Latin America, implementing this technology still faces challenges associated with the regulation of FinTech, the accessibility of services, and the security of information. In the case of Ecuador, there are some mobile wallet proposals, but they still have restrictions on carrying out different types of financial transactions. A software architecture design for a mobile wallet that promotes inclusion and equality in access to financial services is proposed to address these challenges. The design uses microservices architecture and cloud computing design patterns to give it greater robustness, adaptability, and capacity, offering a better user experience and driving the development of new features. This paper also examines the current legal and regulatory framework for electronic payment systems in Ecuador, and these legal aspects were considered in the design. The technical requirements for building this software architecture, including its interactions and functionalities, are also discussed.