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Bancolombia provides diverse payment solutions, including real-time bank transfers, card payments, and mobile wallet integration, enabling seamless transactions for individuals and businesses across Colombia. Its digital platforms support QR codes and e-commerce payments, enhancing accessibility and convenience.

Method
Bancolombia
LPM Market Share
18%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Cash-in
Local Card Scheme
Users
30M
Disbursements
No
No
Chargebacks
$25.00
$25.00
Authorization currency
COP
Authorization
speed
Instant
Recurring
No
No