Market Overview
After a remarkable post-pandemic recovery, Colombia shows a record of macroeconomic management.
Download Country Payment Handbook-
Population: 51.2M *
The second most populated country in South America.
* Source: Worldbank, 2022
-
eCommerce: 22.4B *
Colombia is the third-largest eCommerce market in Latin America.
* Source: AMI, 2022
-
eShoppers: 21M *
The highest percentage of installments purchases in the region for eCommerce: 70%.
* Source: AMI, 2022
-
Internet users: 69% *
In 2021, 69% of online purchases in Colombia were made from a mobile device.
* Source: Datareportal, 2022
Gain insight into Colombia's most relevant payment methods
- 27% Credit Cards
- 25% Bank Transfer
- 18% eWallet
- 17% Debit Cards
- 7% Others
- 6% Cash
-
Credit and debit cards
Play like a local by offering traditional payment methods.
-
Wallets
Learn moreTackle all audiences.
-
Cash-based payments
Learn more -
-
Bank Transfers
Learn moreCount on a wide variety of options to drive conversion.
-
The ultimate guide to succeed in Colombia
Learn more about the dynamic Colombian economy