The Internet’s Money

Payment processor · Latin America

Does PayPal work in Colombia?

Yes.

PayPal onboards businesses registered in Colombia.

Available

What a business in Colombia can use

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

Accept paymentsAvailable

PayPal wallet, cards and (in the US) Venmo at checkout, with buyer and seller protection.

Pay people abroadAvailable

Mass payouts to PayPal and Venmo accounts worldwide. Bank payouts go through Hyperwallet.

Multi-currency accountAvailable

Hold balances in 20+ currencies inside a PayPal business account.

Business cardsNot available

PayPal Business Debit Mastercard. Not for businesses in Colombia.

StablecoinsNot available

US businesses can accept crypto through Pay with Crypto and hold PayPal USD (PYUSD). Not for businesses in Colombia.

Yield on idle cashNot available

US businesses holding PayPal USD (PYUSD) in their PayPal balance can opt in to rewards of around 3.7–4% a year, funded from the stablecoin’s reserve interest. Not available in New York. Not for businesses in Colombia.

Available in 200+ markets, but in some (such as Nigeria and Morocco) accounts face limits on receiving money. Indian accounts can only receive international payments.

Onboarding confidence: medium. Source: PayPal worldwide. Everything about PayPal

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.

PayPal’s stablecoin products are not available to businesses here.

Everything about 🇨🇴 Colombia →

Common questions

Does PayPal work in Colombia?

Yes. PayPal onboards businesses registered in Colombia.

Which PayPal products can a business in Colombia use?

accept payments, pay people abroad and multi-currency account.

What are the alternatives to PayPal in Colombia?

Providers that onboard businesses registered in Colombia: Payoneer and dLocal. With limits: Bridge, BVNK and Rain.

Can a business in Colombia use PayPal for stablecoins?

No, 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.

PayPal elsewhere in Latin America

Other providers in Colombia