More payment methods

PSE

Colombia's Leading Online Payment Gateway

Established in 2001, PSE (Pagos Seguros en Línea) is Colombia’s primary online payment gateway, designed to facilitate electronic fund transfers between buyers and sellers directly from bank accounts. It allows Colombian consumers and businesses to make payments online securely, using their preferred local banks.

% of coverage
  • Country

    Colombia

  • Population

    Approximately 50.3 million (as of 2021)

  • Number of Internet users

    Over 34 million

  • Popular payment methods

    Credit/Debit Cards, PSE, Cash Payments, Mobile Wallets

% of coverage
  • PSE

    35%

  • Credit/Debit Cards

    45%

  • Mobile Wallets

    15%

  • Cash Payments

    4%

  • Other

    1%

Payment Method Overview
  • Type:Online Bank Transfer
  • Currency:Colombian Peso (COP)
  • % of coverage:Approx. 70% of the online shopping population in Colombia
  • Transactions to date:>350 million (estimated)
  • Total merchants using PSE:>15,000 (estimated)
  • Refunds:Varies by bank and merchant agreement
  • Chargebacks: Yes, but depends on the bank and transaction type

About payment system

PSE stands as a cornerstone of Colombia’s e-commerce and online transaction landscape. Through its portal, users can access their banking platforms and complete online payments for a wide array of services and products. This provides a familiar and trustworthy mechanism for Colombians who might be wary of traditional online credit card transactions due to fraud concerns.

For consumers, PSE simplifies the online purchasing process. Upon selecting PSE as a payment method, users are redirected to their chosen bank’s secure platform, where they can authorize payments with the peace of mind of using their trusted banking interface. This direct bank transfer method alleviates the need to input sensitive credit card information online.

Merchants recognize the immense value of integrating PSE into their online payment methods. Not only does it provide an alternative for consumers without credit cards, but the immediate payment confirmations also reduce transaction uncertainties. The security features and real-time verification mechanisms make PSE a preferred choice for many Colombian online businesses.

In the rapidly evolving digital economy of Colombia, PSE plays a pivotal role by bridging traditional banking with the modern e-commerce world, offering both consumers and merchants a seamless, secure, and efficient payment solution.

Read all
Payment flow

The customer selects Visa as their payment option and enters their credit card details to complete the payment.

Payment methods that also might be interesting

mastercard

Mastercard

Credit/Debit card

Mastercard is a global leader in payment and technology services.

KaKaoPay

KaKaoPay

Digital wallet

KakaoPay is a mobile payment and digital wallet service hailing from South Korea.

Airtel Money

Airtel Money

Mobile money

Airtel Money is an innovative mobile financial services platform.

bank transfer png

Bank Transfer

Bank Transfer: Discover payment solutions worldwide

Bank Transfer is a method of electronic funds transfer. Discover payment solutions for emerging markets at spoynt.com

HUMO logo png

HUMO

Credit/Debit card

HUMO is a prominent digital payment platform in Uzbekistan.

Halo Pesa

Halo Pesa

Digital wallet

Halo Pesa is a pioneering mobile financial services platform.

PayBol

PayBol

PayBol: Discover payment solutions in Turkiye

PayBol is a digital wallet developed in Turkiye. Discover other payment solutions at spoynt.com

Paytm

Paytm

Digital wallet

Paytm (short for "Pay Through Mobile") began as a prepaid mobile and DTH recharge platform.

WeChat Pay China

WeChat Pay

Digital wallet

WeChat Pay is a mobile payment and digital wallet service integrated into WeChat.

Verve

Verve

Online banking

Verve is a prominent payment solution in Nigeria.

Show all payment methods
Pricing

Pricing request

Our fare pricing is designed to bring satisfaction to both sides of our partnership. The pricing structure is tailored to your specific business type and monthly turnover. Kindly send us a request, including details about your business, and our dedicated success manager will promptly get back to you with our best offer.