BBVA Colombia

BBVA Colombia offers merchant acquiring through a card terminal known in Colombia as a datáfono. Its parent group is BBVA, and the listed services are merchant acquiring and POS.

Contract and fees

Terminal service is governed by a separate acquiring contract (adquirencia) with a commissions annex. The cost of the terminal is agreed directly with the chosen processing network, Credibanco or Redeban, so it is not presented as a single bank rate. A merchant should expect two reference points: the commissions in the annex and the terminal terms of the network.

Requirements

A business must sign the acquiring contract and accept the annex. Source material does not list card brands, settlement times, currencies or document lists.

Who it suits

Colombian retailers, restaurants and service providers that already work with the bank and want a card terminal tied to a clear contractual framework. Since network choice affects terminal cost, companies comparing offers should ask for quotations that show both the bank's commission and the network's terminal charges, and check how quickly proceeds are credited.