PSE
PSE enhances Colombian e-commerce with a leading online bank transfer solution
PSE
API
is a leading online bank transfer solution in Colombia, supported by 20 different banks. It offers a direct and efficient payment method ideal for the Colombian e-commerce sector.
Payment type
Online
Payment flow Redirect
Countries Colombia (CO)
Currencies Colombian Peso (COP)
Min amount 1600 COP Recurring No
Refund Yes
Partial refunds No
Multiple partial refunds No
Chargeback No
Payment flow Redirect
Countries Colombia (CO)
Currencies Colombian Peso (COP)
Min amount 1600 COP Recurring No
Refund Yes
Partial refunds No
Multiple partial refunds No
Chargeback No
Principle of operation
- Selection at checkout: Customer must have a savings or current account with one of the 20 affiliated financial entities.
- Payment initiation: Customer start the payment process by selecting their bank and logging into their online banking.
- Authentication and authorization: Payment details are pre-populated, and customer authorize the transaction using their banking password and an additional security verification (token, SMS, etc.).
- Payment confirmation: Payments are processed in real time, directly from customers’ bank accounts.
- Merchant notification: Customer receive immediate confirmation of their transaction.