Latin America · On request
Payment methods in Colombia
Colombia pays online with PSE, the bank-transfer system run by ACH Colombia that lets a payer confirm a purchase from their own bank's site, and with cards; wallets such as Mercado Pago follow. PSE has no chargebacks and confirms at once, which makes it the first method for merchants whose cards decline. The Superintendencia Financiera supervises the financial sector; Tranzify's clients work through licensed providers.
Market facts
- Currency
- COP · Colombian peso
- Region
- Latin America
- Payments regulator
- Superintendencia Financiera de Colombia (SFC)
Payment methods
| Type | Payment methods | share of e-commerce payments |
|---|---|---|
| Bank transfers & instant payments | PSE (Colombia) | — |
| Cards | Visa | — |
| Cards | Mastercard | — |
| Wallets | Mercado Pago | — |
| Wallets | Apple Pay | — |
| Wallets | Google Pay | — |
| Wallets | PayPal | — |
| Wallets | Nequi | — |
| Cash & vouchers | Efecty | — |
The market
PSE is the method a Colombian payer expects when there is no card at hand: the checkout lists the banks, the payer logs in to their own bank and confirms, and the merchant receives the confirmation at once. Cards carry the rest of online spend, with local acquiring and instalments; Mercado Pago serves the wallet users of the region’s marketplace.
How Tranzify clients launch
A client enables dLocal or EBANX for PSE and cards and Mercado Pago for wallet payments, with its own accounts, and writes the routing: PSE first for Colombian payers, cards cascaded between acquirers, the wallet for its users. The integrations are enabled on request; every payment is journaled for five years.
Providers active in Colombia
How to launch here via Tranzify
- 1Onboard with Tranzify and get your network, keys and back office.
- 2Enter your account with the provider in the terminal settings — Tranzify already speaks its API.
- 3Add routing rules: countries, currencies, amounts, BIN ranges, priorities and weights.
- 4Go live. Every payment, callback and retry is in the journal for five years.
Frequently asked questions
Which methods must a Colombian checkout have?+
Does Tranzify need a Colombian licence?+
How are refunds and payouts made?+
Other countries in the region
See the platform on your own flows
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- ✓ Money never passes through us
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