Reach new consumers
22M internet users made online purchases in 2019
Colombia is a stable democracy and welcomes foreign investment, growing 24% between 2018-2019 and is expected to grow 3% in GDP even after the pandemic.
Colombia’s e-commerce market of $7 billion, growing at a rate of 20% annually.
5.4Bn in e-commerce sales revenue
280M online transactions
2% B2C e-commerce share of GDP
With Pagsmile you can reach 98% of the market, offering local bank transfers, voucher payments, e-wallets and credit/debit cards
Vouchers are an alternative payment method in Colombia which enables cash payment for an array of expenses such as utility bills, in-store products, and online purchases in convenience store locations.
There are about four debit cards to every one credit card issued in Colombia. With Pagsmile your business can accept both debit & credit card transactions in Colombia and attain the highest approval rates in Colombia with advanced fraud prevention, local acquiring and smart routing.
Through a voucher, customers can transfer from any bank in ATMs, bank apps, internet banking or bank branches.
Payments for temporary and high rotation employees. With tpaga people can perform any type of disbursement or transfer without using banks.