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El Machetazo is a well-known supermarket chain in Panama, recognized for offering a wide range of products, including groceries, household items, clothing, electronics, and more. It is also a payment network for cash payments, primarily used for bill payments and recharges at authorized locations.

Method
El Machetazo
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Cash-in
Local Card Scheme
Users
n/a
Disbursements
No
No
Chargebacks
$25.00
$25.00
Authorization currency
PAB/USD
Authorization
speed
Instant
Recurring
No
No