Qitero Qitero

Baloto

Country: Colombia (CO)  |  Payment Rail: cash_network

Cash Market Adoption: 35%

Baloto (Via Baloto) is Colombia's widespread lottery and retail store cash payment network for unbanked consumers.

🔄 User Payment Flow

  1. Customer selects Baloto / Via Baloto at merchant checkout
  2. Checkout generates Baloto reference agreement code
  3. Customer visits any Via Baloto lottery terminal outlet in Colombia
  4. Customer provides code to cashier and pays physical cash
  5. Via Baloto system notifies merchant of cash receipt

⚙️ Characteristics & Settlement

Instant PaymentNO
Supports QRYES
Supports RecurringNO
Supports RefundYES

🛠️ Merchant Integration Steps

  • Merchant API calls acquiring gateway for Baloto reference code
  • PSP issues payment token and Baloto bill code
  • PSP receives Baloto terminal payment confirmation webhook callback