Colombia
Accept Payments in Colombia with Local Methods & Stablecoins
One integration to accept eWallets, bank transfers, cards, and stablecoins all in one place. Send and receive money your way, with the flexibility to choose what works best.
Colombia is a massive, fast-growing digital economy
Colombia is experiencing strong digital payment growth with PSE and Nequi transforming financial access
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Population
3rd most populous in South America
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E-commerce volume
Annual GMV in 2025
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Internet users
73% internet penetration rate
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Online shoppers
Growing 17% YoY
What are payment method trends in
Colombia
Discover variety of payment options in Colombia
Bank Transfer/PSE
Bank Transfer
Move money directly from bank to bank
Frequently Asked Questions
What is Colombian peso (COP)?
Colombian peso (COP) is the official currency used in Colombia. It is commonly used for domestic payments, business transactions, and cross-border transfers.
How can businesses send money in Colombian peso with TransFi?
Businesses can send COP through TransFi using local payment methods, bank transfers, or stablecoin-powered settlement, ensuring faster payouts and predictable delivery.
How can businesses receive Colombian peso payments?
Businesses can collect COP using local payment methods preferred by customers in Colombia, improving success rates and customer trust.
How fast are Colombian peso transactions processed?
Transaction speed depends on the payment method used, but TransFi enables faster settlement through local rails and stablecoin infrastructure, often within minutes.
What payment methods are available for Colombian peso?
TransFi supports a range of payment methods for COP, including bank transfers, wallets, real-time payment systems, and other local options based on the market.
Is it safe to transact in Colombian peso with TransFi?
Yes. TransFi follows global compliance standards, including KYC/KYB, transaction monitoring, and secure infrastructure to ensure safe and reliable payments.
Does TransFi support currency conversion to and from Colombian peso?
Yes. Businesses can convert COP to other currencies or stablecoins with transparent pricing and predictable settlement timelines.
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