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48 Million market. More than 50% consumers use Local Credit cards.
Market data Features
Why receive Colombian payments with Paygol?
Colombia is an attractive eCommerce market in Latin America, with a population of around 48 million people, the market is in its development phase and expected to grow. The eCommerce activity in Colombia is based mainly in local credit cards, and prepaid cash payments. We offer several payment methods including Davivienda, PSE (Pagos Seguros en Línea) and Efecty to help merchants take advantage of the growing eCommerce market.
Payments through Davivienda are real time transactions that are available for account holders in this bank. It is fast, secure, and familiar for the customer.
PSE payments work like a type of bank deposit and transactions are debited from one account and credited to another. Alternatively, with Efecty, customers can make offline payments that can be paid by cash at any of their branch stores.
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CoverageColombia
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