Colombia

Colombia: With consistent growth rates this economy has a bright future ahead

Colombia’s Gross Domestic Product (GDP) is expected to steadily grow 1.8% in 2024, proving that Colombia can represent excellent opportunities for eCommerce in Latin America*

* Source: OECD, 2023

Market Overview

After a remarkable post-pandemic recovery, Colombia shows a record of macroeconomic management.

Download Country Payment Handbook

Gain insight into Colombia's most relevant payment methods

  1. 42% Credit Cards
  2. 32% Bank Transfer
  3. 11% Debit Cards
  4. 8% Cash
  5. 4% eWallet
  6. 3% Others
  • Credit and debit cards

    Play like a local by offering traditional payment methods.

    • Visa
    • Mastercard
    • American Express
    • Diners
    • Codensa
  • Wallets

    Learn more

    Tackle all audiences.

    • MercadoPago
    • Nequi
  • Cash-based payments

    Learn more

    • Efecty
    • Bancolombia
    • Baloto
    • Carulla
    • Puntored
  • Bank Transfers

    Learn more

    Count on a wide variety of options to drive conversion.

    • PSE
    • Bancolombia
    • Regular Bank Transfers

The ultimate guide to succeed in Colombia

Learn more about the dynamic Colombian economy

The ultimate guide to succeed in Colombia
Cameroon Ivory Coast Egypt Ghana Kenya Morocco Nigeria Rwanda Senegal South Africa Tanzania Turkey Uganda Bangladesh China Philippines India Indonesia Malaysia Pakistan Thailand Vietnam Argentina Bolivia Brazil Chile Colombia Costa Rica Ecuador El Salvador Guatemala Mexico Nicaragua Panama Paraguay Peru Dominican Republic Uruguay
Seeking international growth opportunities?

Discover how to succeed in emerging markets with our Payments Handbook.

Gain access today!
Discover how to succeed in emerging markets with our Payments Handbook.
Join Us!

Get monthly updates on payments in emerging markets.

Subscribe Now!
<strong>Get monthly updates</strong> on payments in emerging markets.