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.
EBANX Sites / Idiomas
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