The Internet’s Money

Merchant of record · Latin America

Does Polar work in Colombia?

Yes.

Polar onboards businesses registered in Colombia.

What a business in Colombia can use

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

Accept paymentsAvailable

Polar is merchant of record for software, SaaS and digital products, handling checkout, subscriptions, usage billing and international sales tax, and pays out through Stripe Connect Express.

Pay people abroadNot offered

Polar does not offer this.

Multi-currency accountNot offered

Polar does not offer this.

Business cardsNot offered

Polar does not offer this.

StablecoinsNot offered

Polar does not offer this.

Yield on idle cashNot offered

Polar does not offer this.

Sellers need a Stripe Connect Express payout account in one of Polar’s listed countries, with a bank account in the same country and currency. Stripe Payments itself does not need to be available there; individuals can sell where Stripe Connect Express allows individual accounts.

Onboarding confidence: high. Source: Polar docs: Supported countries (payout countries). Everything about Polar

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.

Everything about 🇨🇴 Colombia →

Common questions

Does Polar work in Colombia?

Yes. Polar onboards businesses registered in Colombia.

Which Polar products can a business in Colombia use?

accept payments.

What are the alternatives to Polar in Colombia?

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

Polar elsewhere in Latin America

Other providers in Colombia