Colombia

Increase your sales in Colombia with EBANX.

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Population 49M

Economy 4th na América Latina

Moeda COP Peso Colombiano

Online
Users 29M

Online
Shoppers 9M

Banked
Population 75%

100%

In 2016, ecommerce sales in Colombia reached a value of USD 5.2 bi. With EBANX, you can target 100% of this market with a mix of Credit Cards, cash payments like Via Baloto and PSE, a type of Bank Transfer.

LEARN MORE ABOUT COLOMBIAN PAYMENT METHODS

The moment to grow is now. Take advantage
of the opportunity.

Colombia is going through a process of financial inclusion. According to Asobancaria (a representative of the local financial sector), 75% of the population has at least one financial product, such as a bank account. This is why offering credit card and PSE, is essential to reach the whole market.

More relevant information about the Colombian market:

41%

of online payments are done with credit and debit cards/bank transfer

52%

of market share belongs to credit cards

PSE

Pagos Seguros en Linea is a payment solution that works as an interface for the consumer during checkout. With it, buyers can realize debits directly from their bank accounts.

Baloto

About 85% of Colombians use Baloto cash payments on a regular basis, amounting to over 4.5M payment transactions a month. Offering Baloto at checkout can easily increase your conversion rates.

Credit Cards

Even when local payment methods are strong in Colombia, over 61% of online payments are done with credit and debit cards/bank transfer.

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Understand everything about Colombia and grow your business.

Check out this ebook that
brings together the most
relevant information for
your sales to grow
remarkably in Colombia.

Download this exclusive content:

Sell even more to the 4th largest economy in Latin America.

According to the Colombian Statistics Department, 37% of users online intend to buy a product or service. Colombia has the 3rd largest ecommerce market in Latin America, just behind Brazil and Mexico.

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