PSEColombia'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.
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
- Credit/Debit Cards
- Mobile Wallets
- Cash Payments
- 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.
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
Equitel is a transformative mobile banking platform that has reshaped financial transactions.
NIP is an electronic payment solution that enables seamless and secure fund transfers.
RuPay is a domestic card payment by the National Payments Corporation of India.
Virtual accounts are digital bank accounts that are created for specific purposes.
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.