PSE essential
Bank transfer system widely used
Digital wallets growing
Nequi and Daviplata popular
Shopify Payment Methods in Colombia
Colombia: PSE bank transfers dominate with increasing digital wallet adoption
Shopify merchants targeting Colombia should integrate PSE, credit/debit cards, Nequi, and Daviplata.
Colombia ecommerce payment insights
PSE essential
Bank transfer system widely used
Digital wallets growing
Nequi and Daviplata popular
Card adoption rising
Credit cards gaining traction
Understanding Online Payments in Colombia
Colombia's e-commerce market features PSE bank transfers, increasing digital wallet adoption with Nequi/Daviplata, and rising card usage.
For Colombia ecommerce, support PSE (bank transfers), credit/debit cards, Nequi, Daviplata, and cash vouchers. Colombia has rapidly growing fintech adoption with strong mobile-first behaviour.
Payment landscape
PSE bank transfers standard, Nequi/Daviplata booming, cards growing
E-commerce growth
Rapid digital commerce expansion
Mobile-first
Most transactions via smartphone
Payment Methods in Colombia
Colombia checkouts should support PSE, Nequi, Daviplata, and cards.
Baloto
Baloto is a cash-based payment method available for Shopify merchants targeting the Colombian market. It allows consumers to pay for online purchases using cash at various retail locations, making it accessible for those without credit or debit cards.
Usage
Growing
Best for
Colombian market
Bancolombia
Bancolombia is a cash-based payment method available for Shopify merchants targeting the Colombian market. It offers full refund support but does not support recurring or one-click payments.
Usage
Growing
Best for
Colombian market
Carulla
Carulla is a cash-based payment method available for Shopify merchants targeting the Colombian market. It features support for full and partial refunds but carries a chargeback risk without a formal dispute process.
Usage
Growing
Best for
Local Colombian businesses
Codensa
Codensa is a card-based payment method available for Shopify merchants in Colombia. It supports recurring payments but does not offer one-click checkout or payment assurance, and carries a risk of chargebacks.
Usage
Growing
Best for
Subscription services
Colpatria
Colpatria is a card payment method available for Shopify merchants focusing on the Colombian market. It supports recurring payments but does not offer one-click checkout or payment assurance, and carries a risk of chargebacks.
Usage
Growing
Best for
Subscription services
Efecty
Efecty is a cash-based payment method available for Shopify merchants targeting the Colombian market. It supports full and partial refunds, making it a reliable option for transactions in Colombia.
Usage
Growing
Best for
Cash-preferred customers
Nequi
Nequi is a digital wallet payment method available for Shopify merchants targeting the Colombian market. It offers full refund support but lacks features like recurring payments and one-click checkout.
Usage
Growing
Best for
Colombian market
Pse
Pse is a bank transfer payment method available for Shopify merchants targeting the Colombian market. It is characterised by its straightforward bank transfer process, catering exclusively to consumers and merchants within Colombia.
Usage
Growing
Best for
Local Colombian businesses
Puntored
Puntored is a cash-based payment method available for Shopify merchants targeting the Colombian market. It supports full and partial refunds but does not offer features like recurring payments or one-click checkout.
Usage
Growing
Best for
Local Colombian businesses
American Express
American Express is a local card payment method available to Shopify merchants worldwide, targeting consumer markets in Argentina, Brazil, Chile, Colombia, Mexico, and one additional market. It offers features such as recurring payments, one-click checkout, and payment assurance, but carries a chargeback risk.
Usage
Medium
Best for
Latin American markets
Diners
Diners is a local card payment method integrated via processors, popular among consumers in Argentina, Brazil, Chile, Colombia, Mexico, and one additional market. It offers features such as recurring payments, one-click checkout, and payment assurance, with global merchant availability.
Usage
Medium
Best for
Latin America-focused businesses
Discover
Discover is a local card payment method integrated via processor, available for Shopify merchants worldwide. It targets consumer markets in Argentina, Brazil, Chile, Colombia, Mexico, and one more, offering features like recurring payments, one-click checkout, and payment assurance.
Usage
Medium
Best for
E-commerce businesses
Related Payment Method Pages
Best Payment Setup for Colombia
Support PSE, Nequi, Daviplata, and credit cards for Colombia.
PSE, Nequi, Daviplata, credit cards, and Efecty provide optimal coverage.
Essential
- PSE
- Nequi
- Daviplata
Recommended
- Credit Cards
- Efecty
Recommended Payment Stack
Improve Conversion in Colombia
Optimise for Colombia's mobile-first payment preferences.
PSE integration
Essential for bank transfer payments.
Digital wallet support
Nequi and Daviplata are critical for mobile users.
Mobile-optimised
Most Colombians shop on smartphones.
Colombian Peso pricing
Display prices in COP clearly.
Optimise Your Shopify Checkout with CartDNA
CartDNA helps optimise payment methods for Colombia's growing e-commerce market.
Shopify Payments Colombia FAQ
What payment methods work in Colombia?
PSE (bank transfers), Nequi, Daviplata, credit cards, and Efecty are the primary options. PSE is essential for online payments.
Is PSE necessary for Colombia?
Yes, PSE is essential as it is the standard system for secure online bank transfers and is widely trusted by Colombian consumers.
Why are Nequi and Daviplata important?
These mobile wallets have massive adoption in Colombia, especially among younger and mobile-first users, making them critical for conversion.