Colombia Cards and Payments: Opportunities and Risks to 2030
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GlobalData’s ‘Colombia Cards and Payments: Opportunities and Risks to 2030' report provides detailed analysis of market trends in Colombia cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including debit, and credit cards during the review-period (2022–26e).
The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2026e–30f). It also offers information on the country's competitive landscape, including market shares of issuers and schemes.
The report brings together GlobalData’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. The report also covers detailed regulatory policies and recent changes in regulatory structure.
GlobalData’s ‘Colombia Cards and Payments: Opportunities and Risks to 2030' report provides top-level market analysis, information and insights into Colombia cards and payments industry, including:
– Current and forecast values for each market in Colombia cards and payments industry, including debit, and credit cards.
– Detailed insights into payment instruments including credit transfer, cash, cards, direct debits and cheques. It also, includes an overview of the country's key alternative payment instruments.
– Ecommerce market analysis.
– Analysis of various market drivers and regulations governing Colombia cards and payments industry.
– Detailed analysis of strategies adopted by banks and other institutions to market debit, and credit cards.
– Comprehensive analysis of consumer attitudes and buying preferences for cards.
– The competitive landscape of Colombia cards and payments industry.
Scope
Card market size in terms of number of cards, value and volume of transactions in Colombia along with detailed card segmentation of debit, and credit cards available in the country.
Market sizing and analysis of major payment instruments including credit transfer, cash, cards, direct debits and cheques.
Payment market trends and growth for both historical and forecast period
Competitor analysis with detailed insights into leading card issuers and schemes.
Comprehensive analysis of consumer attitudes and buying preferences for cards.
A detailed snapshot of country's key alternative payment brands.
Key Highlights
In October 2025, the Banco de la Republica launched Bre-B, Colombia's national instant payment system, enabling real-time account-to-account transfers 24 hours a day, seven days a week using payment aliases ("Keys") linked to mobile numbers, national ID numbers, email addresses, or business identifiers instead of bank account details. The platform currently supports peer-to-peer (P2P) and consumer-to-business payments, while existing services such as Transfiya and Entre Cuentas will be gradually integrated into Bre-B, where they will function as interoperable nodes.
Digital wallets are launching new features to make payments more accessible and convenient. For instance, in October 2025, the digital wallet dale! launched a new feature that enables WhatsApp-based payments for its customers. This allows customers to use their dale! account and a unique Tag Aval or transfer key. After completing an initial transfer and saving the recipient as a favorite, users can send money directly within WhatsApp. This enables quick and secure transfers without sharing bank account details.
Colombia is expanding instant payment acceptance for cross-border ecommerce with the launch of Bre-B at international online checkouts. In September 2025, EBANX partnered with Colombian fintech MOVii to enable international ecommerce merchants to accept Bre-B as a payment method for Colombian consumers. Through a single integration, merchants can offer real-time account-to-account payments without establishing local banking relationships, improving the checkout experience for consumers with limited access to credit cards.
Reasons to Buy
Make strategic business decisions, using top-level historic and forecast market data, related to Colombia cards and payments industry and each market within it.
Understand the key market trends and growth opportunities in Colombia cards and payments industry.
Assess the competitive dynamics in Colombia cards and payments industry.
Gain insights into marketing strategies used for various card types in Colombia.
Gain insights into key regulations governing Colombia cards and payments industry.
American Express
Bancolombia
Banco Agrario de Colombia
Banco AV Villas
Banco Bogota
Banco Coomeva
Banco de Occidente
Banco Falabella
Banco Finandina
Banco GNB Sudameris
Banco Popular
BBVA
BCSC Banco Caja Social
Citibank
Coopcentral
Confiar Cooperativa Financiera
Davivienda
Diners Club
Itau Unibanco
JFK Cooperativa Financiera
Lulo Bank
Mastercard
Nubank
RappiPay
Serfinansa
Tuya
Visa
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