Baloto

Baloto is one of Columbia’s most popular cash payment methods. It allows customers to pay bills, send and collect money electronically. Baloto’s popularity is due to its convenient voucher system. The customer receives a voucher reference number which can be paid at more than 10,000 stores across Columbia.



Payment flow

  • The customer types their DI number and an email address into the fields displayed.
Baloto preset
  • After an invoice is generated by the system, the customer finishes the payment at the store.
Baloto invoice

Baloto


name description
Countries Colombia flag CO
Type Cash and Prepaid
Processing currencies COP
Supported currencies Refer to currency codes
Payment confirmation time Within 1 day
Payout time frame NET 30
Chargebacks No
Refunds No
Partial refund No
Onboarding required No
Recurring Payments No
Mobile UI Yes
Open new window Yes
Min Transaction Limit 0.30 EUR

Available integrations:

  • Merchant model.

Included with your Paymentwall account.

  • MOR model.

Terminal 3.