PSE in Colombia: What is it and how does it work in online sales?

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asimd23
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Joined: Mon Dec 23, 2024 3:24 am

PSE in Colombia: What is it and how does it work in online sales?

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PSE (Pagos Seguros en Línea) is a payment solution implemented by ACH Colombia. This service allows businesses to sell, manage and collect payments online using a button on your website. Payments are received quickly and easily, allowing your customers to have more confidence when buying from you.

We invite you to learn every detail of this payment method, learn the step-by-step process to create a PSE account and how to include it in your virtual store.

To sell on your e-commerce site you must define the payment methods that will be available on your site. One of the most used in Colombia is PSE , which offers the possibility of making transactions from a checking or savings account and electronic deposit.

What is PSE in Colombia? Official logo of number data this payment method.

According to a study by the Colombian Chamber of Electronic Commerce (CCCE) , the total number of digital transactions in the last quarter of 2023 reached approximately 211.2 million pesos, representing a growth of 18.3% compared to 2022.

In this context, payment methods such as PSE are a useful alternative so that nothing stops your sales.

What is PSE in Colombia?
PSE is an online payment service that facilitates secure, real-time electronic transfers in Colombia. It allows users to make transactions directly from their bank account, through a button that redirects them to the financial institution to complete the payment effectively.

Although the original launch of the PSE took place in 2005 , it was not until 2009 that banks were connected and used it. This button has revolutionized payment methods in the country, becoming the most dynamic alternative for making payments to private merchants.

PSE was founded thanks to an alliance between the ATM networks ATH (A Toda Hora), Servibanca, Redeban, Red Multicolor and Ascredibanco. According to ACH Colombia , this payment button processes more than $40 billion pesos monthly on average.

PSE payments offer your customers a fast and secure way to make purchases , allowing them to pay instantly through their linked banks. This improves the shopping experience and makes it easier to manage your online sales.
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