PSE: What is the limit for payments?

PSE: What is the limit for payments?
PSE: What is the limit for payments?

Likewise, we tell you whether or not you can use the digital platform to make a transaction with a credit card

In Colombia, less and less money moves in cash, because online transactions have gained great strength in recent years. What began with the rise of digital wallets has now continued with other banking entities through payment platforms such as PSE.

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Some doubts are whether you can pay by credit card by this means. The answer is No, since it was an alternative created for debit cardswhether they belong to a savings or checking account.

Likewise, the other concern to be resolved is related to the limits. Per day, bills, invoices or purchases can be paid less than or equal to 9,907,000 pesoswhile the value for bank-to-bank transactions by PSE is also located there.

What is PSE and how has it worked in Colombia?

Allows public and private companies and businesses to offer their clients the possibility of making payments or purchases through the Internet, using an account from one of the 36 financial entities that we have linked.. As part of the benefits, it allows our more than nine million users to make purchases and payments at any time, every day in more than 22,000 companies. They can also pay taxes and social security and recharge digital wallets; in addition to guaranteeing security in the management of information and financial resources,” Gustavo Vega Villamil expressed to The Republic.

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Likewise, the executive “in the first half of this year, more than 325 million transactions were processed in PSE, for a value of more than $1,260 billion. While in the same period, Transfiya reported more than 34 million transfers made by our most of 8.3 million users, worth around $5.2 billion. Currently, we are making an average of about 10 million monthly transfers“.

 
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