Colombia payment methods, processors, and ecommerce market

Colombia: Scale Your Business in Colombia’s eCommerce Sector

Colombia’s eCommerce growth is strong. dLocal offers local payments like PSE and credit cards, ensuring secure, compliant transactions via our single API for easy market entry.

Market Overview

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

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Population: 52.7 M *

The second most populated country in South America.

* Source: Worldbank, 2022
eCommerce: 52B *

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: 74.2% *

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

40% Bank Transfer
26% Internationally-enabled credit card
15% Debit Cards
10% eWallet
5% Cash
3% Buy Now Pay Later
1% Others

Credit and debit cards

Play like a local by offering traditional payment methods.
- Visa
- Mastercard
- American Express
- Diners
- Codensa
Wallets
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Tackle all audiences.
- MercadoPago
- Nequi
Cash-based payments
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- Efecty
- Bancolombia
- Baloto
- Carulla
- Puntored
Bank Transfers
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Count on a wide variety of options to drive conversion.
- PSE
- Bancolombia
- Regular Bank Transfers
- Bre-B

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Latest about Colombia

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September 29, 2025
Bre-B’s launch: A payment team’s guide to Colombia’s new real-time payment rail

Colombia’s first government-backed real-time rail brings faster settlement, simpler checkouts, and nationwide adoption powered by Banco de la República.
Learn more