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Payment Gateway
Panama
Local, Online & Cross-Border Payments
Panama

Panama

Panama
Top e-commerce industries
24%
Electronics
21%
Hobby & Leisure
21.1%
Fashion
Furniture & Homeware
Care Products
DIY
Grocery

Welcome to 8B — a trusted cross-border payment provider combining global-grade technology with deep local market access.

If you’re expanding into the region — across e-commerce, travel, gaming, digital services, or platforms — 8B makes it easy to accept local payments, send payouts with confidence, and manage all financial flows through a single, unified solution.

Panama City
Capital
4.5M
Population
-5
Time Zone (GMT)
PAB/USD
Currency
Panamian balboa / US dollar
$19.1B
Transactions
value in 2030
10.9%
CAGR
of Digital Payments during 2025-2030

Built for Today’s Most Dynamic Sectors

Extend your reach with a comprehensive set of local wallets, bank rails and alternative payment methods preferred by consumers.

Payments & Payouts

Manage everything - customer payments, partner payouts, contractor disbursements  - through one unified platform.

Cross-Border Business Payments

Retail & E-commerce, Gaming & Travel Payments, PSPs

Deliver a fast, frictionless checkout experience optimized for high-volume online transactions.

Settle globally and pay out locally with full transparency, strong compliance and efficient routing across payment ecosystem.

El Machetazo
Super Xtra
Bank Transfer
20%
Buy Now Pay Later
1%
Cash-in
6%
Credit Cards
31%
Debit Cards & Prepaid Cards
21%
E-wallet
11%
Mobile Money
11%
Others
11%
A Local Payment Gateway
Panama
Can Rely On

Entering a new market doesn’t need to be complicated. 8B gives you secure infrastructure, intuitive tools and the complete suite of Local Payment Methods your customers trust — no credit cards required.

Local Payment Methods, Fully Connected

Give shoppers the payment options they use every day:

Extend your reach

El Machetazo is a well-known supermarket chain in Panama, recognized for offering a wide range of products, including groceries, household items, clothing, electronics, and more. It is also a payment network for cash payments, primarily used for bill payments and recharges at authorized locations.

Method
El Machetazo
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Cash-in
Local Card Scheme
Users
n/a
Disbursements
No
No
Chargebacks
No
Authorization currency
PAB/USD
Authorization
speed
Instant
Recurring
No
No
Notify when available

Reasons for Popularity

Accessibility and convenience in handling various types of payments and transfers

Super Xtra is a chain of convenience stores where cash payments can be made for bills, services, and purchases.

Method
Super Xtra
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Cash-in
Local Card Scheme
Users
300K
Disbursements
No
No
Chargebacks
No
Authorization currency
PAB/USD
Authorization
speed
Instant
Recurring
No
No
Notify when available

Reasons for Popularity

Low banking levels Only 45% of Panamanians have bank accounts, leading to a preference for cash

Growth of e-commerce E-commerce has increased by over 80% since COVID-19

Smartphone penetration 137% of the population uses mobile devices, making them the preferred way to access the internet and make online purchases

Why Companies Choose 8B in
Panama

Built for Developers

Modern APIs, clean documentation and rapid integration.

Built for Finance Teams

Automated reconciliation, transparent reporting and streamlined settlements.

Built for Customers

Trusted local payment methods, smooth checkout journeys and fewer abandoned carts.