Country Coverage - 88Pay Documentation

Regional Overview

88Pay operates across 13+ countries in Latin America, supporting 25+ payment methods with local currency processing.

Top Markets

Colombia, Mexico, Brazil70% of LATAM e-commerce volume

Payment Methods

25+ local methodsCards, Cash, Bank, Wallets, Crypto

Currencies

15 local currenciesPlus USD and USDT settlement

Top Markets

🇨🇴 Colombia

7 payment methodsCurrency: COPNequi · Daviplata · PSE · Cards · Cash · USDT

🇲🇽 Mexico

5 payment methodsCurrency: MXNOXXO · SPEI · Cards · USDT · PayPal

🇧🇷 Brazil

5 payment methodsCurrency: BRLPIX · Boleto · Cards · PicPay · USDT

All Countries

Alphabetical List
By Region

Country	Code	Currency	Methods	Status
🇦🇷 Argentina	`ARG`	ARS	4	✅ Live
🇧🇴 Bolivia	`BOL`	BOB	3	✅ Live
🇧🇷 Brazil	`BRA`	BRL	5	✅ Live
🇨🇱 Chile	`CHL`	CLP	4	✅ Live
🇨🇴 Colombia	`COL`	COP	7	✅ Live
🇨🇷 Costa Rica	`CRI`	CRC	3	✅ Live
🇪🇨 Ecuador	`ECU`	USD	3	✅ Live
🇸🇻 El Salvador	`SLV`	USD	3	✅ Live
🇬🇹 Guatemala	`GTM`	GTQ	3	✅ Live
🇭🇳 Honduras	`HND`	HNL	3	✅ Live
🇲🇽 Mexico	`MEX`	MXN	5	✅ Live
🇵🇦 Panama	`PAN`	USD	3	✅ Live
🇵🇪 Peru	`PER`	PEN	4	✅ Live
🇺🇾 Uruguay	`URY`	UYU	3	✅ Live
🇻🇪 Venezuela	`VEN`	USD	2	✅ Live

🌎 Mexico & Central America

Country	Currency	Key Methods
🇲🇽 Mexico	MXN	OXXO, SPEI, Cards
🇬🇹 Guatemala	GTQ	Cards, Cash, USDT
🇸🇻 El Salvador	USD	Cards, Bitcoin, USDT
🇭🇳 Honduras	HNL	Cards, Cash, USDT
🇨🇷 Costa Rica	CRC	Cards, SINPE, USDT
🇵🇦 Panama	USD	Cards, Bank, USDT

🏔️ Andean Region

Country	Currency	Key Methods
🇨🇴 Colombia	COP	Nequi, Daviplata, PSE, Cards
🇻🇪 Venezuela	USD	Cards, USDT
🇪🇨 Ecuador	USD	Cards, Bank, USDT
🇵🇪 Peru	PEN	PagoEfectivo, Cards, Yape
🇧🇴 Bolivia	BOB	Cards, Cash, USDT

🌴 Southern Cone

Country	Currency	Key Methods
🇧🇷 Brazil	BRL	PIX, Boleto, Cards
🇦🇷 Argentina	ARS	Mercado Pago, Cards, CBU
🇨🇱 Chile	CLP	Webpay, TEF, Cards
🇺🇾 Uruguay	UYU	Cards, Bank, USDT

Method Availability

💳 Cards
🏦 Instant Transfers
💵 Cash Networks
📱 Digital Wallets
₿ Crypto (USDT)

Available in all 15 countries. Visa and Mastercard universally accepted.

Feature	Availability
Visa / Mastercard	All countries
American Express	COL, MEX, BRA, ARG, CHL
Debit cards	All countries
3D Secure	Required in MEX, BRA
Local processing	COL, MEX, BRA, ARG, CHL

Real-time bank transfer systems by country.

Country	System	Speed	Hours
🇲🇽 Mexico	SPEI	Instant	24/7
🇧🇷 Brazil	PIX	Instant	24/7
🇨🇴 Colombia	PSE	Instant	24/7
🇦🇷 Argentina	CBU/CVU	1-2 hours	Business
🇨🇱 Chile	TEF	Same day	Business
🇵🇪 Peru	Interbank	Same day	Business

PIX (Brazil) and SPEI (Mexico) are the fastest systems, operating 24/7 with instant confirmation.

Reach unbanked customers through retail networks.

Country	Network	Locations
🇲🇽 Mexico	OXXO	20,000+ stores
🇨🇴 Colombia	Baloto, Efecty	15,000+ points
🇧🇷 Brazil	Boleto Bancário	Banks + Lottery
🇵🇪 Peru	PagoEfectivo	10,000+ points
🇦🇷 Argentina	Pago Fácil, Rapipago	8,000+ points

Cash payments typically complete within 24-72 hours after the customer pays at a retail location.

Mobile-first payment options by market.

Country	Wallets	Users
🇨🇴 Colombia	Nequi, Daviplata	32M+ combined
🇲🇽 Mexico	Mercado Pago	20M+
🇧🇷 Brazil	PicPay, Mercado Pago	70M+ combined
🇦🇷 Argentina	Mercado Pago, Ualá	25M+ combined
🌎 All	PayPal (USD)	Global

Digital wallets offer instant confirmation and are especially popular among younger demographics (18-35).

Available in all countries — the universal fallback method.

Network	Fee	Confirmation
TRC20 (Tron)	~$1	~3 minutes
ERC20 (Ethereum)	~$5-20	~5 minutes

Recommend TRC20 to your users for lower fees. USDT is especially useful in Venezuela and Argentina where local payment infrastructure is limited.

Coverage Matrix

Quick reference for method availability by country.

Country	Cards	Cash	Bank	Wallet	Crypto
🇨🇴 Colombia	✅	✅	✅ PSE	✅ Nequi	✅
🇲🇽 Mexico	✅	✅ OXXO	✅ SPEI	⚠️	✅
🇧🇷 Brazil	✅	✅ Boleto	✅ PIX	✅ PicPay	✅
🇦🇷 Argentina	✅	✅	✅ CBU	✅ MP	✅
🇨🇱 Chile	✅	❌	✅ TEF	⚠️	✅
🇵🇪 Peru	✅	✅	✅	⚠️	✅
🇻🇪 Venezuela	✅	❌	❌	❌	✅
Others	✅	Varies	Varies	⚠️	✅

_{✅ Full support · ⚠️ Limited/Beta · ❌ Not available}

Regional Strategies

🇨🇴🇵🇪🇪🇨 Andean Region Strategy

Key insight: Digital wallets dominate in Colombia (Nequi has 17M+ users).Recommended approach:

Lead with Nequi/Daviplata in Colombia
Offer cash options in Peru and Bolivia
Use USD pricing in Ecuador (dollarized economy)
USDT-first strategy for Venezuela

Watch out for: Currency controls in Venezuela, high cash preference in Bolivia.

🇧🇷🇦🇷🇨🇱 Southern Cone Strategy

Key insight: PIX in Brazil processes 40B+ transactions/year.Recommended approach:

PIX is mandatory for Brazil — no exceptions
Offer USD alternatives in Argentina (currency volatility)
Card-first works well in Chile (highest card penetration)
Standard methods sufficient for Uruguay

Watch out for: Portuguese language for Brazil, exchange rate fluctuations in Argentina.

🇲🇽🇬🇹🇸🇻 Mexico & Central America Strategy

Key insight: OXXO has 20,000+ stores — cash is king in Mexico.Recommended approach:

OXXO is essential for Mexico
Cards + Crypto covers most of Central America
Consider remittance use cases (US connections)
USD pricing simplifies multi-country operations

Watch out for: El Salvador accepts Bitcoin as legal tender, strong cash culture in Guatemala/Honduras.

Fees & Limits Overview

Fees and limits vary by volume tier and merchant category. Contact sales for custom pricing.

Processing Fees
Transaction Limits
Settlement Times

Method	Fee Range	Notes
Cards	2.9% - 3.9% + $0.30	Lower for high volume
Bank Transfers	0.5% - 1.5%	Varies by country
Cash	$1 -$ 2 fixed	Per transaction
Digital Wallets	1.5% - 2.5%	Method dependent
Crypto (USDT)	1.0% flat	All countries

Method	Minimum	Maximum	Notes
Cards	~$1 USD	$5,000	Per transaction
Bank Transfer	$10	$50,000	Higher with approval
Cash	$5	$2,000	Network limits apply
Wallets	$1	$2,000	Wallet limits apply
Crypto	$10	$100,000	No cap for enterprise

Method	Settlement	Notes
Cards	T+2 to T+7	Country dependent
Bank Transfers	T+1 to T+3	Faster for instant systems
Cash	T+1 to T+2	After customer pays
Wallets	T+1	Usually next business day
Crypto	Instant	USD equivalent

Country Guides

Detailed documentation for each market.

🇨🇴 Colombia

Complete guide with Nequi, PSE, Daviplata integration

🇲🇽 Mexico

OXXO cash payments and SPEI bank transfers

🇧🇷 Brazil

PIX instant payments and Boleto vouchers

🇦🇷 Argentina

Currency considerations and Mercado Pago

🇨🇱 Chile

Webpay and TEF bank transfers

🇵🇪 Peru

PagoEfectivo and Yape wallets

Getting Started

Choose your markets

Start with Colombia, Mexico, or Brazil — they cover 70% of LATAM e-commerce.

Select payment methods

Match methods to your audience: wallets for young users, cash for unbanked, bank transfers for B2B.

Configure currencies

Price in local currency for better conversion, or use USD for multi-country simplicity.

Test in sandbox

Each country has unique flows. Test thoroughly before going live.

Need Help?

Contact Sales

Custom pricing and enterprise features for high-volume merchants.

Integration Support

Technical assistance for country-specific implementations.

​Regional Overview

Top Markets

Payment Methods

Currencies

​Top Markets

🇨🇴 Colombia

🇲🇽 Mexico

🇧🇷 Brazil

​All Countries

​Method Availability

​Coverage Matrix

​Regional Strategies

​Fees & Limits Overview

​Country Guides

🇨🇴 Colombia

🇲🇽 Mexico

🇧🇷 Brazil

🇦🇷 Argentina

🇨🇱 Chile

🇵🇪 Peru

​Getting Started

​Need Help?

Contact Sales

Integration Support

Regional Overview

Top Markets

All Countries

Method Availability

Coverage Matrix

Regional Strategies

Fees & Limits Overview

Country Guides

Getting Started

Need Help?