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With over 9,000 service points nationwide, Efecty facilitates domestic and international money transfers, bill payments, and mobile top-ups, making it a popular choice for cash-based transactions.

Method
Efecty
LPM Market Share
18%
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Cash-in
Local Card Scheme
Users
4M
Disbursements
No
No
Chargebacks
$25.00
$25.00
Authorization currency
COP
Authorization
speed
Instant
Recurring
No
No