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.
Baloto is Colombia’s largest lottery and payment service, completing over 800K transactions a day across 9,500 locations. Payments via Baloto are convenient and trusted by over 85% of the Colombian population. When offering Baloto, there is a low fraud risk and no chargebacks.
Baloto is very similar to other popular cash payment methods in Latin America such as: Boleto in Brazil, OXXO in Mexico, and Sencillito in Chile.
The customer chooses Baloto as the payment method at checkout.
After finalizing the purchase, the consumer receives a reference number of the transaction.
The voucher can be presented or read to the cashier to be paid at more than 9500 stores in the country.
Users are advised to read the Privacy Policy CAREFULLY. View service restrictions on the compliance page.
