Top 13 Payment Gateways in Colombia That You Need To Know About

Become Global with Mural Pay

Stablecoin Payments Infrastructure for the Americas

Become Global with Mural Pay

Stablecoin Payments Infrastructure for the Americas

Become Global with Mural Pay

Stablecoin Payments Infrastructure for the Americas

Apr 23, 2025

As digital trade and fintech continue to grow, Colombia’s online businesses and exporters need payment gateways that are faster, cheaper, and built for global reach. But with so many options—and growing pressure to comply with cross-border regulations—it’s not always clear which platforms offer the right balance of speed, cost, and security.

This guide breaks down 13 of the top online payment gateways in Colombia, based on current market presence, feature set, international accessibility, and relevance for local businesses.

TL;DR:

Local gateways excel for COP transactions but often carry higher fees and limited FX options.
Global platforms like Mural Pay, Payoneer, and Wise enable faster USD/EUR settlement and broader currency coverage.
Stablecoin rails reduce costs and wait times for exporters and contractor-heavy firms.
Select your gateway based on audience, volume, and compliance workflow.

What Is a Payment Gateway—and Why Does It Matter in Colombia?

Think of a payment gateway as the digital infrastructure that connects a customer’s payment method to a merchant’s bank account. It handles the authorization, currency conversion, fraud checks, and settlement. For Colombian businesses—especially exporters and service providers dealing with overseas clients—this matters a lot.

The traditional banking system in Colombia often comes with long wait times, high FX fees, and compliance friction. As Colombia’s economy becomes more digitized, and cross-border commerce more common, the payment gateway you choose can shape your business’s profitability and growth.

1. Mural Pay: Built for Global B2B Stablecoin Payments

Mural Pay is included in this list as it's one of the most forward-looking platforms for Latin American businesses managing USD payments globally. Its infrastructure is particularly well-suited for Colombian exporters and service providers navigating international invoices and settlements.

Ideal for: Exporters, service providers, and tech companies with overseas clients

Currency support: USD, EUR + 40+ currencies via stablecoin rails
Key feature: Instant payouts via virtual USD accounts and stablecoins like USDC
Settlement speed: Near-instant (blockchain-based)
Fees: Low, often below 1%
Why it stands out: Mural Pay supports stablecoin-powered invoicing, virtual accounts, and batch payouts—making it a standout for Latin American businesses operating globally.

In Chainalysis’ 2024 report, stablecoin usage in Latin America grew by over 400% between 2021 and 2024, driven by B2B adoption.

Mural also offers KYB/KYC-compliant infrastructure and real-time reconciliation, helping Colombian businesses sidestep FX issues and slow wire transfers. For a guide to setting up USD virtual accounts in Colombia, Mural offers helpful documentation.

2. PayU: Colombia’s Longtime Payment Giant

Ideal for: Ecommerce platforms, marketplaces, and SMEs selling locally or regionally
Currency support: COP and limited FX options
Key feature: All-in-one platform with local bank integrations and fraud tools
Settlement speed: 1–3 business days (domestic)
Fees: 2.99% – 4.49% depending on card type and risk profile
Why it stands out: PayU is deeply embedded in Colombia’s banking and e-commerce ecosystem. It offers strong local onboarding and is used by many major merchants across LATAM.

3. Payoneer: Payout Platform for Freelancers and Exporters

Ideal for: Freelancers, agencies, and businesses receiving USD/EUR payments
Currency support: USD, EUR, GBP + 150+ countries
Key feature: Global receiving accounts and direct withdrawal to local banks
Settlement speed: 1–2 business days
Fees: ~2% FX markup, $1.50 per local bank withdrawal
Why it stands out: Payoneer is widely used for payouts from platforms like Upwork, Amazon, and Fiverr. It’s a flexible alternative to traditional wire transfers for Colombian professionals.

4. Wise (Formerly TransferWise): Cross-Border Simplicity

Ideal for: Businesses invoicing overseas clients in multiple currencies
Currency support: 50+ currencies
Key feature: Local bank details in USD, EUR, GBP, AUD, and more
Settlement speed: Typically 1–2 business days
Fees: ~0.6%–1% FX markup + low flat fees
Why it stands out: Wise offers transparent pricing and strong currency conversion tools, making it a solid fit for Colombian entrepreneurs growing internationally.

5. Wompi by Bancolombia: Local Integration at Scale

Ideal for: Colombian businesses with strong local customer base
Currency support: COP
Key feature: Direct integration with Bancolombia accounts, recurring payments
Settlement speed: 1–2 days within Bancolombia system
Fees: ~2.85% per transaction (variable)
Why it stands out: As a solution built by Bancolombia, Wompi simplifies local payments and settlement for businesses already operating within Colombia’s top banking network.

Stablecoin Gateways vs. Traditional Banks: Key Considerations for Colombian B2B Firms

For finance teams comparing a traditional bank transfer route with a stablecoin payment gateway Colombia businesses now have at their disposal, two themes dominate: time and cost. Stablecoin gateways like Mural Pay settle in minutes, whereas conventional wires can take several days and add unpredictable FX spreads.

Additionally, **B2B stablecoin payouts** avoid intermediary bank fees and allow firms to hold funds in USD or EUR until conversion is optimal. For exporters juggling multiple currencies, that flexibility can be the difference between a profitable quarter and one eroded by exchange-rate swings.

6. Mercado Pago: Tied to Mercado Libre Ecosystem

Ideal for: Retailers selling on Mercado Libre or in Latin American marketplaces
Currency support: COP, ARS, MXN, BRL, etc.
Key feature: Easy integration for e-commerce sellers
Settlement speed: Varies by market
Fees: Varies by country, often around 4%–5%
Why it stands out: Strong brand recognition, buyer protection tools, and built-in fraud filters make it a common gateway for Latin American sellers.

7. Stripe (Limited Support in Colombia)

Ideal for: Developers, startups, and platforms operating globally
Currency support: 135+ currencies (but requires workarounds in Colombia)
Key feature: Extensive API tools, subscriptions, SaaS support
Settlement speed: 2–5 days (where supported)
Fees: 2.9% + 30¢ (standard)
Why it stands out: Stripe offers unparalleled customization and developer tools, but Colombian businesses typically need to register abroad to fully access its features.

8. ePayco: Domestic Payment Gateway for Colombia

Ideal for: Small and medium-sized businesses in Colombia
Currency support: COP
Key feature: Bank transfer, debit/credit, QR code, and local payment options
Settlement speed: 1–2 business days
Fees: ~2.99%–4.99% per transaction
Why it stands out: Strong local customer service and a wide range of payment options for Colombian consumers.

9. Nequi (P2P + Micro-Business Focus)

Ideal for: Solopreneurs, creators, informal commerce
Currency support: COP only
Key feature: Easy mobile transfers, no-fee virtual cards
Settlement speed: Instant (within Nequi network)
Fees: Minimal
Why it stands out: Nequi is widely used for informal and mobile-based transactions, especially among Gen Z and small vendors.

10. Daviplata (Similar to Nequi, Backed by Davivienda)

Ideal for: Low-income or cash-based customers, informal vendors
Currency support: COP
Key feature: Digital wallet tied to Davivienda
Settlement speed: Same-day or instant
Fees: Minimal
Why it stands out: A mobile-first gateway to financial inclusion and a useful tool for reaching underbanked segments in Colombia.

11. Kushki: Regional Gateway with Colombia Support

Ideal for: Regional platforms or startups operating in LATAM
Currency support: COP + other LATAM currencies
Key feature: Subscriptions, recurring billing, fraud prevention
Settlement speed: 1–3 days
Fees: Varies
Why it stands out: A fast-growing player with support for complex checkout flows and compliance tools.

12. Pagos Inteligentes: Local Gateway for Small Businesses

Ideal for: Small shops and local vendors
Currency support: COP
Key feature: QR codes, recurring billing, custom checkouts
Settlement speed: 24–72 hours
Fees: Competitive for small merchants
Why it stands out: Simple to set up and tailored to Colombia’s smaller merchants without developer resources.

13. DLocal: Emerging Markets Payments Infrastructure

Ideal for: Platforms serving customers across emerging markets
Currency support: 40+ currencies including COP
Key feature: One API for global acceptance
Settlement speed: 2–3 days
Fees: Varies by region and volume
Why it stands out: Offers global payment coverage with compliance layers tailored for each emerging market—including Colombia.

Final Takeaway: Choosing the Right Gateway for Your Business

Whether you’re invoicing overseas clients, selling on Mercado Libre, or building a crypto-friendly tech platform, the right payment gateway in Colombia depends on your audience, volume, and compliance needs.

For exporters or cross-border B2B firms, Mural Pay stands out with its stablecoin and virtual account infrastructure. For domestic e-commerce, PayU and Wompi provide deep local integration. And for creators or informal sellers, tools like Nequi or Daviplata make mobile-first payments easy.

Curious how a stablecoin-first gateway could fit into your existing treasury stack? Reach out to the Mural Pay team for a quick walkthrough and API sandbox access.

Want to learn more about stablecoin payments, B2B FX alternatives, or how to open a virtual USD account in Colombia? Check out:

FAQ

What’s the main advantage of using a payment gateway instead of a direct bank transfer?

A gateway automates authorization, fraud checks, and settlement, cutting manual work and delivering faster confirmation than a traditional wire.

How quickly can a stablecoin payout reach a supplier overseas?

With a **stablecoin payment gateway**, funds often land in the recipient’s wallet within minutes, compared to the one-to-three-day window typical for SWIFT wires.

Are platforms like Mural Pay aligned with Colombian compliance rules?

Yes. Mural Pay integrates KYB/KYC workflows and generates audit trails that map to UIAF and SFC guidelines.

Which gateway best supports high-volume B2B payouts?

Mural Pay’s batch and recurring features let finance teams pay 100+ recipients in a single upload, making it a strong fit for contractor platforms and exporters.