Pago Efectivo

Bridging Cash and E-Commerce for Latin American Consumers
Pago Efectivo is a cash-based payment solution created specifically for the Latin American market, making it possible for users to shop online without a credit card or bank account. By generating a unique payment code for each transaction, customers can complete purchases at trusted retail and banking locations, seamlessly connecting the convenience of e-commerce with the accessibility of cash payments.
Country:
Peru
Population (Peru)
34 million (estimated)
Number of Internet users
29 million (estimated)
Popular payment methods
Credit Cards, Debit Cards, E-Wallets, Cash Payments, Bank Transfers
Credit Card
0%
Debit Card
0%
E-Wallets
0%
Cash Payments
0%
Bank Transfers
0%
Other
0%

Type:

Payment Voucher System

Total Customers:

> 4 million (estimated)

Currency:

Peruvian Sol (PEN)

Money transfer volume:

> 8 billion PEN (estimated)

Coverage:

60% of Peru’s online cash payment transactions (estimated)

Refunds:

No

Chargebacks:

No

Type:

Payment Voucher System

Total Customers:

> 4 million (estimated)

Currency:

Peruvian Sol (PEN)

Money transfer volume:

> 8 billion PEN (estimated)

Coverage:

60% of Peru’s online cash payment transactions (estimated)

Refunds:

No

Chargebacks:

No

About payment system

Pago Efectivo serves as a crucial connector between the rapidly growing e-commerce sector and the enduring reliance on cash in many parts of Latin America. With a large segment of the population still preferring to pay in cash, Pago Efectivo introduces a practical way for these consumers to engage with the digital marketplace. The process is straightforward: users choose Pago Efectivo at checkout when making an online purchase. After confirming the order, they receive a voucher or payment code. This code can be taken to one of many authorized payment points — including banks, retail shops, and convenience stores — where the user pays in cash. Once the payment is made, the transaction is completed and verified. This method supports those who are hesitant to share financial data online, allowing them to shop digitally while maintaining their preferred payment habits. It provides a secure and private alternative to credit or debit card usage. Pago Efectivo works closely with online merchants, e-commerce providers, and financial institutions to broaden its network and make this payment method widely available. At the same time, it plays a role in introducing users to digital commerce, encouraging a gradual shift toward online transactions without forcing immediate change. By enabling cash payments within the digital space, Pago Efectivo enhances financial accessibility and supports the growth of inclusive digital economies in Latin America. It strikes a balance between innovation and familiarity, meeting consumers where they are while opening doors to modern payment solutions.

Always at your service

For issues or questions, check out our FAQ page or contact us via phone, email or contact form.

Always at your service