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Claro Pay
Claro Pay is a mobile wallet application in Colombia that allows users to make payments, purchases, and recharges directly from their smartphones. The extensive network of over 25,000 sales points includes various businesses that accept Claro Pay, facilitating a seamless payment process for users across Colombia.
Method
Claro Pay
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
E-wallet
Local Card Scheme
Users
2M
Disbursements
No
No
Chargebacks
$25.00
Authorization currency
COP
Authorization
speed
speed
Instant
Recurring
No
No
Reasons for Popularity
Integration with Claro Services: As Claro is a leading telecommunications provider in Colombia, the integration of Claro Pay with existing services and customer accounts enhances user experience and accessibility
User-Friendly Features: The app supports various functions such as bill payments, money transfers, and recharge options for prepaid plans, appealing to a wide range of customers
