DIOS LE PAGUE (a more personal "Thank You")

Question

I was recently in Ecuador staying with friends and learned that "DIOS LE PAGUE" was a more appropriate way to thank someone close to you for something special.

Can anyone translate it literally'

Answer 1

Thank you very much!

Answer 2

This phrase is also said as "Que Dios le pague"

The literal translation is "May God re-pay you"

I actually think that "Dios le pague" is a contracted form of the one above... since in the later case the word "que" is implied

Answer 3

dios te lo pague - god bless you.
i assume what you have written has the same meaning. literally may god pay you.