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Bancolombia

Bancolombia provides diverse payment solutions, including real-time bank transfers, card payments, and mobile wallet integration, enabling seamless transactions for individuals and businesses across Colombia. Its digital platforms support QR codes and e-commerce payments, enhancing accessibility and convenience.

Method
Bancolombia
LPM Market Share
18%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Cash-in
Local Card Scheme
Users
30M
Disbursements
No
No
Chargebacks
No
Authorization currency
COP
Authorization
speed
Instant
Recurring
No
No
Contact me when
the service is available

Reasons for Popularity

Bancolombia provides diverse payment solutions, including real-time bank transfers, card payments, and mobile wallet integration, enabling seamless transactions for individuals and businesses across Colombia. Its digital platforms support QR codes and e-commerce payments, enhancing accessibility and convenience

Extensive reach and acceptance across merchants and platforms, like Nequi, PSE

Advanced digital services, including QR code and mobile wallet integration