CategoryCash-based
Payment flowDirectRedirect
Coverage
| Countries | Colombia (CO) |
| Currencies | Colombian Peso (COP) |
| Min amount | 1,000 COP |
| Max amount | Bank dependent |
Checkout
Billing logics
| One-time | Yes |
| 1-click | No |
| Recurring | No |
| Unscheduled | No |
Operations
| Refund | Yes |
| Partial refunds | Yes |
| Multiple partial refunds | Yes |
| Chargeback | No |
Efecty is a vital cash payment method for online purchases in Colombia, designed for customers without bank accounts or credit cards. With over 8,000 service points, it helps merchants broaden reach in the Colombian e-commerce sector.
Principle of operation
-
Selection at checkout
Customer select Efecty as their payment method during an online purchase.
-
Payment initiation
Customer inputs the necessary transaction information, and the system generates an invoice with the merchant's unique payment reference number.
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Payment confirmation
Customer complete the payment in cash at any Efecty service point.
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Merchant notification
Merchant receives a
notification
Webhook
confirming the payment status.
