Colombia

Surging Debit Use Leads ‘Eighty-Fold’ Acceleration in LatAm Digital Payments
Surging Debit Use Leads ‘Eighty-Fold’ Acceleration in LatAm Digital Payments
October 25, 2021  |  Payment Methods

In just two years, Latin American debit and credit card use rates have essentially swapped their market share positions.  In 2019, roughly 60% of the...

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Deep Dive: How Colombia Can Provide a Blueprint for Latin American Digital Payments Growth
Deep Dive: How Colombia Can Provide a Blueprint for Latin American Digital Payments Growth
October 22, 2021  |  Digital Payments

The global health crisis provided an immediate jolt for Latin America’s nascent online payments ecosystem. One recent study determined that more than 60% of the region’s consumers reduced...

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Banco de Bogotá on How 2020 Shaped Colombia’s Digital Payments Ecosystem
Banco de Bogotá on How 2020 Shaped Colombia’s Digital Payments Ecosystem
October 21, 2021  |  Digital Payments

The once cash-centric Colombian economy is undergoing a digital payments renaissance with consumers now choosing speed and convenience over old habits. In the latest Digitizing...

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Uber Re-enters Colombia With New Rental Service
Uber Re-enters Colombia With New Rental Service
February 20, 2020  |  Ridesharing

Less than a month after its exit, Uber is back in Colombia, according to a Reuters report . The ridesharing company returned on Thursday (Feb....

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Uber Makes Last-Ditch Effort To Stay In Colombia
Uber Makes Last-Ditch Effort To Stay In Colombia
January 21, 2020  |  Ridesharing

After a ruling by a location regulator that the firm wasn’t fairly engaged in competition, Uber Technologies Inc. is asking for the Colombian government to put emergency...

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Colombian Regulators Order Uber To Shut Down
Colombian Regulators Order Uber To Shut Down
January 12, 2020  |  Ridesharing

Uber will cease operating in Colombia at the end of the month, the company said in a statement. The decision — the latest blow to...

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Colombia Watchdog Investigates Rappi Delivery App For Noncompliance
Colombia Watchdog Investigates Rappi Delivery App For Noncompliance
November 14, 2019  |  Legal & Regulation

On-demand delivery app Rappi is under investigation again in Colombia, accused of failing to comply with regulatory orders to improve its customer service response, according...

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Mixing Tech With Humans To Fill Colombia’s SMB Finance Gap
Mixing Tech With Humans To Fill Colombia’s SMB Finance Gap
November 12, 2019  |  B2B Payments

In Latin America, Colombia is a bright spot for innovation and growth within the small business ecosystem. An Oxford Business Group report on the nation...

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Uber Nixes $40M Center In Colombia Over Regulatory Concerns
Uber Nixes $40M Center In Colombia Over Regulatory Concerns
October 31, 2019  |  Ridesharing

Uber is not going to build a $40 million safety and support center in Colombia after all, citing regulatory restrictions. Reuters is reporting that the...

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