Best International Payment Methods for Bolivian Companies (2025)

Bolivian businesses are navigating their most significant shift in international payments in recent memory. In 2024, the Central Bank of Bolivia removed its longstanding ban on cryptocurrency transactions, bringing policy in line with a broader Latin American trend toward digital finance. This change coincides with a remarkable surge in cross-border e-commerce, which now accounts for 67% of Bolivia’s $3.8B digital market (dLocal, 2025).

Bolivia’s 73.3% internet penetration further supports the adoption of digital payments. As companies look for faster, lower-cost, and more compliant payment solutions, choices like Mural Pay are changing the way Bolivian firms approach cross-border payments Bolivia and other international payment needs.

What’s Changed? New Rules and Realities for Bolivian Business Payments

In June 2024, Bolivian regulators permitted financial institutions to conduct digital asset transactions, following guidance from the Latin American Financial Action Task Force (GAFILAT) (Cointelegraph, 2024). This move aims to modernize the country’s payment system and stimulate growth amid ongoing U.S. dollar shortages and a growing reliance on foreign suppliers.

This shift places Bolivia alongside other Latin American countries modernizing their financial systems to accommodate digital assets.

According to a senior official at Banco Central de Bolivia, “This policy update is designed to integrate Bolivia into the global digital economy, giving companies more flexibility while maintaining strict compliance standards” (Cointelegraph, 2024). For specific guidance on the legal status of stablecoins in Bolivia, see our detailed guide.

Comparing the Top International Payment Methods for Bolivian Companies

Choosing the right payment method in 2025 means weighing cost, speed, compliance, and adoption rates. With 67% of e-commerce transactions in Bolivia now cross-border, efficient international payment methods are essential for business growth.

Here’s an up-to-date comparison for Bolivian companies:

In 2024, Wise reported that Bolivian business transfers average less than 24 hours and cost 1.2% of the transaction.

dLocal’s QR payments now account for 60% of digital transactions in Bolivia, making them a key option for e-commerce (dLocal, 2025). For a deeper comparison of leading payment platforms, see our dedicated review.

Spotlight on Mural Pay—Modern Infrastructure for Bolivian Businesses

Mural Pay is at the forefront, giving Bolivian companies access to over 170 countries and more than 40 currencies through stablecoin-powered payments. With instant settlement, real-time transaction tracking, batch payments, and transparent, low-cost transactions, Mural Pay enables businesses to move funds globally while meeting strict KYB/KYC compliance.

Mural Pay’s compliance automation protects businesses amid a global rise in cross-border payment fines.

In a recent regional analysis, Mural Pay clients saw cross-border payment costs drop by over 70% and settlement times reduced from days to minutes, according to a case involving an Argentine virtual agency (Mural Pay, 2024). Explore how batch payments can streamline your operations.

Other Leading Payment Methods—Wise, Payoneer, dLocal, and Stablecoins

• Wise: Known for transparent pricing, Wise recently reported that Bolivian business payments average 1.2% fees and settle in under a day. Wise’s LatAm market share reached 9% in early 2025, reflecting growing confidence among exporters.

• Payoneer: Offers multi-currency accounts and rapid payouts. In Bolivia, Payoneer supports USD and EUR collections and integrates with major freelance and business platforms.

• dLocal: Dominates the e-commerce space, with QR code payments making up 60% of digital transactions in Bolivia. dLocal is also notable for enabling QR code and cash transactions, which together still account for 80% of payment methods in Bolivia’s e-commerce market. dLocal’s network is especially valued for supporting local payment preferences and international settlement (dLocal, 2025). For more on opening a USD virtual account, see our step-by-step guide.

• Bitso/Stablecoins: Bitso Business reported a 40% reduction in cross-border transaction costs for clients using USDT/USDC, with settlement times measured in minutes. Stablecoins are emerging as a critical tool for companies facing USD shortages and volatility in the Boliviano, offering both cost savings and stability. For more on stablecoin benefits, read our analysis.

Key Risks, Compliance, and Best Practices for 2025

It’s a question nearly every Bolivian finance leader faces: How can we adopt new payment methods while staying fully compliant and protected?

The real answer is that, while options have expanded, compliance is just as crucial as ever. With the crypto policy update in June 2024, all digital asset transactions must now follow strict KYC (Know Your Customer) and AML (Anti-Money Laundering) guidelines. Leading providers offer automated compliance checks, but businesses should also maintain diligent records and verify their partners’ regulatory status.

Although Bolivia does not yet have dedicated tax legislation for cryptocurrencies, businesses should closely monitor future regulatory developments.

What really matters is choosing authorized platforms, avoiding offers that promise “no documentation,” and staying alert to regulatory updates. For details on paying international contractors legally, see our legal deep dive.

The Future of Cross-Border Payments—Expert Insights and Trends

When it comes to stablecoin payments Bolivia, analysts expect further adoption. Latin American stablecoin settlements surpassed $120B in 2023, signaling strong momentum for digital payment rails.

Reuters recently noted, “Stablecoins are transforming cross-border payments for Latin American businesses, offering speed and cost savings previously unimaginable” (Reuters, 2024). Bitso’s CEO predicts that stablecoin-driven payment rails will become the default for B2B transactions in the next three years, particularly as more Bolivian firms seek protection from USD volatility.

For those seeking to understand stablecoin on/off-ramps, industry experts recommend integrating digital wallets and monitoring regulatory changes closely.

Conclusion: Choosing the Right Payment Method for Your Business in 2025

Too many businesses focus only on cost or speed and overlook compliance, reliability, or fit for their sector.

Key takeaway: The right payment platform balances compliance, real-time settlement, and local market needs—especially as 67% of Bolivia’s e-commerce is now cross-border.

Choosing a compliant, efficient payment method is more important than ever for Bolivian businesses looking to stay competitive. To see how Mural Pay can streamline your international payments, request a demo today.

References

• Cointelegraph. (2024). Bolivia legalizes Bitcoin, crypto transactions. https://cointelegraph.com/news/bolivia-legalizes-bitcoin-crypto-transactions

• dLocal. (2025). Bolivia Payment Methods, Processors & E-commerce Market. https://www.dlocal.com/payment-processors-in-latin-america/bolivia-payment-methods-processors-e-commerce-market-dlocal

• Wise. (2025). Business Payments in Latin America. https://wise.com

• Bitso. (2025). Stablecoin Adoption in LatAm. https://business.bitso.com/blog

• Reuters. (2024). Stablecoin Tether gets boost as dollar alternative in emerging markets. https://www.reuters.com/technology/stablecoin-tether-gets-boost-dollar-alternative-emerging-markets-ceo-says-2024-04-19

• Trade.gov. (2025). Bolivia - Trade Financing. https://www.trade.gov/country-commercial-guides/bolivia-trade-financing