Qitero Qitero

TransfiYa

Country: Colombia (CO)  |  Payment Rail: real_time_payment

RealTimePayment Market Adoption: 40%

TransfiYa is ACH Colombia's national real-time interbank mobile payment network, enabling 24/7 instant transfers via phone numbers.

🔄 User Payment Flow

  1. Customer selects TransfiYa at merchant checkout and inputs mobile phone number
  2. TransfiYa sends instant transfer request to customer's mobile banking app
  3. Customer approves request in their bank app within 12 hours
  4. TransfiYa clears funds in real time and notifies merchant

⚙️ Characteristics & Settlement

Instant PaymentYES
Supports QRYES
Supports RecurringNO
Supports RefundYES

🛠️ Merchant Integration Steps

  • Merchant API calls acquiring gateway to request TransfiYa payment session
  • PSP issues payment token and TransfiYa mobile payload
  • PSP receives ACH TransfiYa clearing callback and updates merchant order status