Local payments

Colombia

Overview

Colombia is Latin America’s fourth largest economy and the third most populous country in the region. More than 30 million Colombians have internet access, and 76% of them have made at least one online purchase in their lifetime. The online market reached revenues of USD 3 billion in 2019. Colombia is Latin America’s fifth largest e-commerce market, but accepting international payments for businesses outside Colombia is still a challenge.

• Local currency: Colombian Peso

• Colombian e-commerce is estimated to reach USD 8 billion in 2022

• In 2019, around one third of Colombian made at least one online purchase

Offer Baloto (trusted by 85% of the Colombian shoppers)

Pago Efectivo: PrimeiroPay is one of the first PSPs to offer this payment method

Offer payments in installments

Accept international payments via several credit card brands

Local Payment Methods

baloto logo
Baloto
pagoefectivo logo
PagoEfectivo
Visa logo

Visa

mastercard logo

Mastercard

Our Partners in Colombia

Online payments system for growing businesses
ingenico logo
aci logo black

Already have PSP partners? We can still work together. Learn about our integrations:

Want to learn more?

Contact our Payment Experts,
we will be happy to help you!