Payment providers in Colombia

Payment service providers in Colombia

Colombia was the first Latin American country to regulate online betting, and its checkout mixes bank payments, wallets and cash. This page lists {count} payment gateways and payin payout providers working with Colombian pesos (COP).

Local payment methods in Colombia

• PSE: online payments directly from a bank account — the go-to method for e-commerce, bills and betting deposits; see bank transfers.
• Nequi and Daviplata: mass-market mobile e-wallets; Bre-B, the central bank's instant payment system launched in 2025, adds interoperable transfers by key.
• Efecty, Baloto and other cash networks for unbanked customers.
• Cards with installments (cuotas), and crypto for remittance and P2P.

Regulation

Payment entities and banks are supervised by the Superintendencia Financiera de Colombia (SFC); the payment system is overseen by Banco de la República. Online casino and betting operators must hold a Coljuegos licence, and providers usually check this before onboarding. Foreign exchange operations follow central bank reporting rules.

Betting, iGaming and high-risk

Licensed operators look for PSE and wallet pay-in with instant confirmation and fast withdrawals to bank accounts and Nequi. Forex, crypto and other high-risk merchants should compare card approval rates and reserve terms.

How to choose a Colombian PSP

• PSE bank coverage and confirmation speed
• Nequi/Daviplata and Bre-B support
• Cash network reach and voucher expiry
• Payout fees and speed; settlement in COP vs USD/USDT

Related: banks in Colombia, legal, liquidity, teams, tech, Colombian merchants. Post a request.