Efecty is one of the most popular payment methods to pay from utility bills to online purchases in Columbia.
Efecty is a voucher that allows the customers to pay for their online purchases in cash. Using Efecty, customers can make offline payments that can be paid in cash at any of their branch stores. Merchants experience a lower risk of returns due to real-time payment confirmation.
This payment method only supports payments with the local currency, the Colombian peso. The risk of fraud through this payment method is low.
How does it work?
- At the checkout, the customer selects Efecty as the payment method.
- The customer receives a voucher with a code in their email, to be paid in up to 3 days.
- The customer directs to a filiated Efecty store to pay the voucher.
- The business receives the payment confirmation instantly.
Efecty merchant advantages:
- Secure payment processing
- Allows for larger payments
- Increase earnings by offering a trusted local payment method
- Target a market with low international card accessibility
- No registration cost or monthly fee
If you would like to add this payment method, kindly contact your Account Manager.