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Colombia

Colombian peso

In Colombia, digital payment methods now account for three in four transactions. Digital wallets have shown an annual increase of 195% in payments since 2021, placing the country’s online sales market as the third largest in Latin America

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Zota - Payment solutions in Colombia
Zota - Payment solutions in Colombia
Colombia flag

Population

51,516,562

Banked Population:

59.72%

Group 427321246

Main industries

Manufacturing, Textile & Fashion, Construction, Agriculture, Energy, Banking, and Service

Group 427321247

Main imports

Broadcasting Equipment, Refined Petroleum, Cars, Packaged Medicaments, and Corn

Group 427321248

Main exports

Crude & Refined Petroleum, Coal Briquettes, Coffee, and Gold

GDP stats

$6,104.1

Per capita (USD)

10.7%

Growth annually

38

World ranking

Internet usage

70%

Smartphone usage

65%

Credit/debit card usage

30%

Population transacting electronically

37%

Group 427321245 1

Total volume of digital payments projected to reach

$12.29B (USD)

Payment Methods in Colombia

All
  • All Methods
  • Cash
  • ONLINE

Efecty

Cash

PSE

Online

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