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PSE (short for “Pago Seguro Electronico”) is a bank transfer payment solution used in Colombia supported by 20 different banks. It allows users to pay directly from their bank account.

Method
PSE
LPM Market Share
32%
Payments
Yes
Refunds
Yes - full refunds only
Type
Bank Transfer
Local Card Scheme
Users
14M
Disbursements
No
No
Chargebacks
$25.00
$25.00
Authorization currency
COP
Authorization
speed
Instant
Recurring
No
No
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