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.

Payment flow

  • The customer inputs their email.
Efectivo preset
  • After an invoice is generated by the system, the customer finishes the payment at the bank.
Efectivo checkout


name description
Countries Brazil flagBR, Chile flagCL, Costa Rica flagCR, Mexico flagMX, Nicaragua flagNI, Peru flagPE
Type Cash and Prepaid
Processing currencies USD
Supported currencies Refer to currency codes
Payment confirmation time Within 3 days
Chargebacks No
Refunds Yes
Partial refund Yes
Refund time frame 60 days
Onboarding required No
Recurring Payments No
Mobile UI No
Open new window Yes
Min Transaction Limit 0.30 EUR

Available integrations:

  • Merchant model.

Included with your Paymentwall account.

  • MOR model.

Terminal 3.