paymentsway.co

What It Is

Payments Way is a 100% Colombian company. According to its website, it has 7 years of experience in the regional financial market and positions itself as “the Colombian payment gateway that understands merchants’ businesses.” It mainly serves e-commerce and business payment collection needs, offering solutions such as a payment gateway, in-person offline sales, electronic wallets, PayShop, and website payment buttons.

Core Capabilities and Payment Methods

Based on the available text, Payments Way supports payment collection in Colombian pesos and U.S. dollars, covering both “national and international” transaction scenarios. The explicitly mentioned payment methods include credit card payments and PSE payments, and the company states that its ecosystem includes a diverse range of payment options. In terms of service models, it offers both Modelo Agregador and Modelo Gateway, suited to merchants of different sizes and acquiring needs. Its PayShop can also help merchants list products and accept online payments, making it a lightweight e-commerce option.

Pricing, Settlement, and Compliance

The website has a “Tarifas” section and claims to offer competitive market rates, but it does not publish specific percentage fees, fixed transaction fees, monthly fees, chargeback fees, or refund fees. Actual costs therefore need to be confirmed with an advisor. Settlement timelines are also not disclosed in the main content. On the compliance side, Payments Way explicitly mentions PCI DSS certification and emphasizes anti-fraud protection for online shopping, which is important for handling card data and e-commerce transactions. However, there is no detailed information found on financial licenses, regulatory registration, 3DS, or chargeback management.

Pros and Cons

Its strengths are clear local positioning, coverage across multiple scenarios including online gateways, offline cashless sales, wallets, and e-commerce storefronts, plus support for credit cards, PSE, pesos, and U.S. dollars. The main drawback is limited transparency around key information: pricing, settlement cycles, API documentation, plugins/SDKs, supported card networks, and specific risk-control mechanisms are not sufficiently disclosed. Further due diligence is needed before procurement.

Who It’s For and Access from China

Payments Way is better suited to local merchants, e-commerce platforms, and businesses serving the Colombian market that need PSE and a localized payment experience. For Chinese companies selling to Colombian consumers, it may be considered as a local acquiring option, but they should confirm requirements around account entity setup, cross-border settlement, currency conversion, and compliance. Access from mainland China is not provided in the main content, so it is considered unknown. Alternatives to consider include PayU Colombia, Mercado Pago, Wompi, ePayco, Stripe, or Adyen.