Colombia
Expected growth for ecommerce 60% by 2027
52
million inhabitants
68.2%
Of the population are internet users
26%
Yearly average Ecommerce growth
More than 40% of online purchases
made with Alternative Payment Methods (non cards)
2 out of 3
Colombians interested in using cryptocurrencies for payments
Over 73% of the adult population in Colombia is banked, being cards (54%) and bank transfers (17%) followed by local wallets ( 14%) and cash (10%) the most popular payment methods for online purchases
Diversify your offering, adding all relevant Alternative Payment Methods in your checkout
- Bank transfer: Accept bank transfers in Colombia through PSE connecting to all banks in the Colombia
- Cards: High rate of card acceptance in Colombia.
- Cash: Efecty (+9000) , Red Servi , Gana, offer cash payment methods with a wide network of points of sale across the country
- Wallets: Nequi, Movii, Rappipay , Daviplata are examples of local Colombian Wallets.
