Efectivo is an alternative, cash-based payment method for merchants located in Latin America.
Customers can pay merchants with cash through a bank bill, or an investment instrument that has a short maturity period from 30 to 180 days. Also known as a “bill of exchange”, it is a common payment method for local and international trade.
- The customer inputs their email.
- After an invoice is generated by the system, the customer finishes the payment at the bank.
|Countries||BR, CL, CR, MX, NI, PE|
|Type||Cash and Prepaid|
|Supported currencies||Refer to currency codes|
|Payment confirmation time||Within 3 days|
|Payout time frame||NET 30|
|Open new window||Yes|
|Min Transaction Limit||0.30 EUR|
- Merchant model.
Included with your Paymentwall account.
- MOR model.