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Colombia

Colombia: With consistent growth rates this economy has a bright future ahead

Colombia’s Gross Domestic Product (GDP) is expected to steadily grow 1.8% in 2024, proving that Colombia can represent excellent opportunities for eCommerce in Latin America*

* Source: OECD, 2023

Market Overview

After a remarkable post-pandemic recovery, Colombia shows a record of macroeconomic management.

Download Country Payment Handbook

Gain insight into Colombia's most relevant payment methods

  1. 27% Credit Cards
  2. 25% Bank Transfer
  3. 18% eWallet
  4. 17% Debit Cards
  5. 7% Others
  6. 6% Cash
  • Credit and debit cards

    Play like a local by offering traditional payment methods.

    • Visa
    • Mastercard
    • American Express
    • Diners
    • Codensa
  • Wallets

    Learn more

    Tackle all audiences.

    • MercadoPago
    • Nequi
  • Cash-based payments

    Learn more

    • Efecty
    • Bancolombia
    • Baloto
    • Carulla
    • Puntored
  • Bank Transfers

    Learn more

    Count on a wide variety of options to drive conversion.

    • PSE
    • Bancolombia
    • Regular Bank Transfers

The ultimate guide to succeed in Colombia

Learn more about the dynamic Colombian economy

The ultimate guide to succeed in Colombia
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