HY RECEIVE COLUMBIAN CASH PAYMENTS?
Colombia is an attractive eCommerce market in Latin America, with a population of around 48 million people, the market is in its development phase and expected to grow. The eCommerce activity in Colombia is heavily influenced by bank transfers and cash payments. We offer the cash payment method Via Baloto to help merchants take advantage of the growing eCommerce market.
Using Via Baloto, customers can make offline payments that can be paid by cash at any of their branch stores. Via Baloto has over 14,000 payment locations.
Colombia is an eCommerce market that is growing in Latin America. Internet access and smartphone use have improved their penetration in eCommerce and increased their impact in the market. However, people still hesitate to use credit cards which means that the market has not reached its maximum potential. That is why merchants benefit themselves by adding local payment options that are familiar and trustworthy for consumers.
How DirectPayEU Works
When consumers decide to pay with Via Baloto they will receive a voucher at the moment of checkout. This voucher will contain a payment code and the consumer can take this voucher to a branch store and pay by their preferred method.