The Internet’s Money

Emerging markets · Latin America

Does EBANX work in Colombia?

Yes.

EBANX onboards businesses registered in Colombia.

What a business in Colombia can use

EBANX’s products, for a company incorporated in Colombia.

Accept paymentsAvailable

Pay-ins from customers in 23 countries in Latin America, Africa and Asia through the Direct API, a hosted Payment Page and payment links, with cards, local transfers, cash vouchers, wallets, recurring payments and installments (installments in Argentina, Brazil and Mexico per the 2021 terms).

Pay people abroadAvailable

EBANX Payouts sends money to partners, suppliers, contractors and vendors in emerging markets by bank transfer and e-wallet. Cross-border payouts are funded in USD with no local entity needed; local payouts need local-currency funding and a local entity. Payout country guides exist for Argentina, Brazil, Chile, Colombia, Mexico and Peru.

Multi-currency accountNot offered

EBANX does not offer this.

Business cardsNot offered

EBANX does not offer this.

StablecoinsAvailable

Customers can pay in USDC or USDT in Argentina, Brazil, Chile, Costa Rica, Guatemala, Mexico, Paraguay, Peru and Uruguay. Whether the merchant can be settled in stablecoin is not stated.

Yield on idle cashNot offered

EBANX does not offer this.

Where a merchant can be registered and where its customers can pay are separate. Under EBANX's main Cross-border model, funds are settled to a merchant based in a different country from its customers; EBANX does not publish which merchant home countries it accepts, and its 2021 terms required the settlement bank account to be outside the countries where EBANX payment methods are offered (settlement in USD or EUR). Businesses with a local entity in Brazil, Chile, Colombia or Mexico can also use the Local model with domestic settlement. Customers can pay in 23 countries (see customerCountries).

Onboarding confidence: medium. Source: EBANX Docs: API Operability (models, pay-in availability, methods). Everything about EBANX

Alternatives in Colombia

Other providers that serve businesses registered there.

Selling to Colombia

How people there prefer to pay online.

  1. 1PSE bank transfer
  2. 2Nequi
  3. 3Efecty cash
  4. 4Visa / Mastercard

Stablecoin rules in Colombia

Elevated riskUnclear

There is no framework, so the legal position is uncertain.

EBANX’s stablecoin products are available to businesses here.

Everything about 🇨🇴 Colombia →

Common questions

Does EBANX work in Colombia?

Yes. EBANX onboards businesses registered in Colombia.

Which EBANX products can a business in Colombia use?

accept payments, pay people abroad and stablecoins.

What are the alternatives to EBANX in Colombia?

Providers that onboard businesses registered in Colombia: PayPal, Wise Business, Payoneer, dLocal, Bridge, Paddle, Polar, Gumroad and 4 more. With limits: BVNK, Rain, Creem, Flutterwave, Razorpay and Xendit.

Can a business in Colombia use EBANX for stablecoins?

Yes, according to our data. Stablecoin rules in Colombia: Unclear (elevated risk). No dedicated stablecoin law. Crypto is legal to hold but is not legal tender, and banks are cautious.

EBANX elsewhere in Latin America

Other providers in Colombia