Qitero Qitero

Efecty

Country: Colombia (CO)  |  Payment Rail: cash_network

Cash Market Adoption: 65%

Efecty is Colombia's largest over-the-counter cash payment network, serving unbanked consumers across 10,000+ service locations.

🔄 User Payment Flow

  1. Customer selects Efecty OTC Cash at merchant checkout
  2. Checkout presents Efecty voucher containing agreement number and PIN reference code
  3. Customer visits any of 10,000+ Efecty service points in Colombia
  4. Cashier collects physical cash and issues payment receipt
  5. Efecty system clears payment and sends electronic notification to merchant

⚙️ Characteristics & Settlement

Instant PaymentNO
Supports QRYES
Supports RecurringNO
Supports RefundYES

🛠️ Merchant Integration Steps

  • Merchant API requests Efecty voucher reference via PayU / dLocal acquiring gateway
  • PSP issues payment token and Efecty reference payload
  • PSP receives Efecty cashier payment confirmation callback and updates order status