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Traga

Traga is a digital wallet and payment platform designed to provide users in Colombia with a convenient and efficient way to manage their finances and make transactions. It allows customers to make online payments, money transfers, and the management of everyday expenses, attracting both consumers and small businesses in the region.

Method
Traga
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
E-wallet
Local Card Scheme
Users
n/a
Disbursements
No
No
Chargebacks
$25.00
Authorization currency
COP
Authorization
speed
Instant
Recurring
No
No

Reasons for Popularity

Users can link their Traga wallet to multiple bank accounts and digital services, enabling seamless integration and management of their finances from a single platform

The e-wallet can be used for a wide range of transactions, including online shopping, bill payments, and in-store purchases