PSE Payments
in Colombia
ACH Colombia's online interbank network for same-day COP transfers.
PSE in Colombia
Colombian Peso · COP
Contractor must provide NIT or cédula number and bank account details.
Payment Journey
You fund in USD, stablecoin, or BTC — your contractor in Colombia chooses how they receive it.
Fund your Bitwage Balance
USD via wire/ACH/FedNow, stablecoin (USDC/USDT), or BTC. Fund once — use for all payments.
Create a payment run
Add your Colombia contractor(s) to a batch or individual payment. Set the amount in USD — Bitwage handles everything else.
Converts & delivers via PSE
FX rate locks at approval. Bitwage converts USD → local currency and routes the payment via PSE. Compliance screened automatically.
Funds arrive via PSE
Settlement: Same day. Fees: 0.5–1%. Contractor can also choose USDC, USDT, or Bitcoin instead — they set their preference once.
How PSE Works in Colombia
Bitwage converts USD to COP at the locked rate and routes the transfer through ACH Colombia's PSE network. Settlement is confirmed the same business day.
Compliance & Security
Colombian contractors must declare foreign income with DIAN (Dirección de Impuestos) and may need to register as autónomo or persona natural. Bitwage screens all payments against OFAC and Colombian watchlists.
The COP floats freely and can be volatile. Bitwage locks the USD/COP rate at execution time, giving contractors certainty on their peso-equivalent salary before funds are released.
Other Payment Methods in Colombia
PSE in Colombia FAQ
Common questions about PSE payments, settlement, fees, and requirements.
PSE payments to Colombia typically settle in Same day. Bitwage locks your FX rate lock at execution time so recipients receive exactly the amount shown in the payment preview.
Bitwage charges 0.5–1% for PSE payments to Colombia. There are no hidden per-transfer fees beyond the displayed rate. You can see the full cost breakdown before executing via our {{link:products/contractor-payments}} platform.
Contractor must provide NIT or cédula number and bank account details. Bitwage validates all payment details before executing. For batch payments to multiple contractors, use {{link:products/masspay}} to upload a CSV with all recipient details at once.
Yes. With {{link:products/masspay}} you can include any number of Colombia-based contractors in a single payment run, mixing PSE with other local rails. All FX conversions are locked at batch payment processing execution time.
Start Sending PSE Payments to Colombia
Settlement in Same day. Fees from 0.5–1%. OFAC screened on every payment.