Spend abroad with the mid-market exchange rate - no markups, and no sneaky transaction fees.
Each country has its own way of moving money, and choosing the right method can sometimes be difficult. That’s why we have curated the most popular and best payment options for you to use in Colombia.
Yes, PayPal is accepted in Colombia.
Wondering what the most popular ways to pay are in Colombia? Explore the top payment options and choose wisely.
Colombia, with a population of around 53.11 million people, has a GDP of approximately 427.77 billion making it the 38th largest economy in the world. The official currency of Colombia is the Colombian Peso (COP,COU)
The economy is based on the export of commodities like oil, coffee, and coal, along with a growing services sector. It is a member of the Pacific Alliance and has free trade agreements with the United States and the European Union.
A popular online payment method in Colombia is PSE (Pagos Seguros en Línea), which allows customers to pay for e-commerce purchases directly and securely from their bank accounts. Debit and credit cards are also widely used, with credit cards being particularly popular for their option to pay in installments. For consumers without bank accounts, voucher-based payments through networks like Baloto and Efecty are crucial, allowing them to complete an online purchase and then pay with cash at a local convenience store.
Whatever you need to buy during your trip, whether it’s a travel adapter, train ticket or an extra bottle of sunscreen, the Wise Multi-Currency Card has you covered.
You can spend like a local in 150+ countries, as this clever contactless card automatically converts currency at the mid-market exchange rate whenever you spend - for just a small conversion fee.
And for extra convenience, you can add your Wise Multi-Currency Card to your Google Wallet or Apple Wallet. Then you can travel even lighter and pay using just your phone, with no need to pack the physical card.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.