Colombia
A large unbanked share, served by wallets.
- Currency
- COP
- Settlement
- T+1
- Methods
- 5
The market
PSE handles online bank transfer, but a substantial part of the population sits outside the banking system entirely. Nequi and Daviplata are how those users pay, with Efecty covering cash.
What we would tell you
PSE alone reaches only the banked six in ten. Nequi and Daviplata are what make the rest of the market addressable.
- Population
- ~53 million
- Unbanked share of population
- ~40%
- Wallet adoption
- Rising sharply
- Indicative
Moving value out
Workable with structure
Collecting here is not the hard part. This rating describes repatriation.
Workable through regulated FX channels with documentation. Not restrictive, but not frictionless either.
Methods
5 local methods in Colombia.
4 move money in both directions. 1 are collection only.
- PSEBank transferin · out
- NequiWalletin · out
- DaviplataWalletin · out
- EfectyCash / voucherin
- BancolombiaBank transferin · out
Bar widths indicate approximate share of local online payment volume and are shown for ordering only.
Sources
Figures marked indicative are directional and not verified against a primary source. Researched September 2026; rails and capital controls in these corridors change frequently.
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