Ecommerce sellers in Colombia usually combine a peso bank account with a payment gateway such as Wompi, PSE, Mercado Pago or ePayco to take card and bank payments, and a cross border platform such as Payoneer to receive marketplace and overseas sales. The account is held in pesos and settles through ACH Colombia and PSE.
Suits Ecommerce best
Depends on sales mix. A traditional bank plus a local gateway suits domestic sales, while Payoneer suits marketplace and cross border revenue.
Typical monthly fee
From no monthly fee at cross border platforms to a monthly handling fee, the cuota de manejo, at traditional banks, as of 8 April 2026.
Non resident position
The business must be a company registered in Colombia with a RUT and a NIT, and a legal representative; a foreign legal representative usually needs a valid Colombian visa and a Cedula de Extranjeria. Verify with the provider.
Providers that fit
Several. Traditional banks, gateways and cross border providers serve ecommerce in Colombia.
Fees and features as of 8 April 2026Last reviewed 8 April 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Ecommerce businesses in Colombia usually need a peso bank account to settle sales, a payment gateway such as Wompi, Mercado Pago, PSE or ePayco to accept card and bank payments, and a way to receive marketplace and overseas revenue. Traditional banks such as BBVA Colombia provide the settlement account, Payoneer receives payments from marketplaces and clients abroad, and Wise holds and converts foreign currency. Settlement runs through ACH Colombia and PSE. Fees below are shown as of 8 April 2026, so confirm current terms with the provider.
What Ecommerce in Colombia need from a business account
Online sellers need reliable settlement of card and bank payments, the ability to reconcile many small transactions, and a route to receive revenue from marketplaces and overseas buyers. In Colombia that usually means a peso bank account paired with a local gateway such as Wompi, Mercado Pago, PSE or ePayco, plus a cross border platform for foreign currency. Watch gateway and settlement fees, payout timing, and foreign exchange costs. Confirm current terms with the provider and gateway, as of 8 April 2026.
B
BBVA Colombia
Peso settlement account for online sales, with branch and online access. Monthly handling fee applies.
These providers accept business customers in Colombia. Fees and eligibility shown as of 8 April 2026. Confirm current terms with the provider before applying.
What account does an online store in Colombia need?
Most sellers use a peso bank account to settle sales, paired with a payment gateway such as Wompi, Mercado Pago, PSE or ePayco to accept payments, and a cross border platform such as Payoneer for marketplace or overseas revenue. Compare settlement fees and payout timing, and verify current terms with each provider. This is general information, not advice.
How can a Colombian seller get paid by marketplaces and overseas buyers?
Payoneer receives payments from many marketplaces and overseas clients in several currencies and pays out to a Colombian peso account, and Wise holds and converts foreign currency. Receiving and conversion fees apply and vary by provider. Confirm current terms before applying, as of 8 April 2026.
Which payment gateways are common in Colombia?
Common gateways include Wompi, Mercado Pago, PSE and ePayco, which support cards and bank transfers through the PSE system. Fees and settlement timing vary, so compare the current terms with each gateway. This is general information, not advice.
Do these accounts handle high transaction volumes?
Traditional bank accounts and gateways handle high volumes but charge per transaction or as a percentage, and payout timing varies. Review the fee schedule and reconciliation tools for your volume, and confirm current terms with the provider.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 8 April 2026. Confirm current terms with the provider before applying.