CredibanCo
CredibanCo is Colombia's largest POS payment network operator, administering the SPBV and Bre-B instant payments rails and serving merchants, banks, and fintechs across retail, SMEs, transport, education, and government verticals. The company is majority-owned by major Colombian banks.
- Company typePrivate
- Founded1971
- HeadquartersBogotá, Colombia
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What CredibanCo does
CredibanCo S.A. is a Colombian payment network operator and financial services company founded in 1971 as a banking association to administer credit card functions, and headquartered in Bogotá. The company operates Colombia's largest POS terminal network (Datáfonos fijos and Datáfonos inalámbricos), a QR code acceptance product, an online payment gateway (Pasarela Credibanco), the Credibanco Plus mobile app, and the merchant self-service portal HubConnect. It is a supervised Entidad Administradora de Sistemas de Pago de Bajo Valor regulated by the Superintendencia Financiera de Colombia, and serves as administrator of the legacy SPBV and the new SPBVI (Bre-B) real-time instant payments infrastructure developed in partnership with Banco de la República. Differentiated value propositions include PCI DSS Level 1 certification, ISO 9001, ISO 22301, SARLAFT, and ISAE 3402 SOC 1 Type II compliance, and a Dainsight merchant analytics module.
CredibanCo is majority-owned by Colombia's largest banks, with Banco de Bogotá (16.40%), Banco Davivienda (15.55%), Bancolombia (14.22%), BBVA Colombia (12.65%), and Scotiabank Colpatria (7.06%) as principal shareholders, which simultaneously serve as distribution channels for its acquiring services. Revenue is generated through transaction-based interchange and commission fees on POS, QR, and online gateway volume, plus recurring Network Access Service (SAR) fees adjusted annually to the Colombian CPI (IPC), and complementary services such as Dynamic Currency Conversion and merchant BI. The customer base spans retail, microbusinesses, SMEs (via the Chebre sub-brand), transportation, education, government, aggregators, payment gateways, and financial institutions; ticketed segments include all seven major shareholder banks and fintechs such as MOVii and Bold onboarded on Bre-B in 2025. The company has articulated a 2026 vision of COP 1.3 trillion in revenue with 60% from new market business development, and is led by Felipe Acevedo (Presidente Electo, formerly Mastercard and IBM).
CredibanCo firmographics
Firmographics- Name
- CredibanCo
- Legal name
- CredibanCo S.A.
- Website
- https://credibanco.com
- Company type
- Private
- Founded year
- 1971
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- CredibanCo is Colombia's largest POS payment network operator, administering the SPBV and Bre-B instant payments rails and serving merchants, banks, and fintechs across retail, SMEs, transport, education, and government verticals. The company is majority-owned by major Colombian banks.
- Ownership category
- akta.pro rank
CredibanCo industry classification
Industry- Product category
- Payment Processing Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- akta.pro primary industry
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
Keywords
Where CredibanCo is headquartered
LocationHeadquarters
- HQ city
- Bogotá
- HQ country
- Colombia
- HQ region
- Latin America
Offices1 record
Markets served
CredibanCo business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Payment Processing Services: CredibanCo generates revenue by processing electronic payments across POS terminals and online gateways, charging interchange fees, commission rates, and network access fees (SAR) to merchants and financial institutions.
- System Administration Fees: Annual fees for Network Access Service (SAR) charged to merchants, with annual adjustments tied to the Colombian Consumer Price Index (IPC) as set by DANE.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Tailored solutions by business type and transaction volume |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
CredibanCo product offering
Product offeringCore offering
CredibanCo is a Colombian payment network operator and processor that provides electronic payment acceptance infrastructure for merchants and financial institutions. Its core offerings include POS terminals (datáfonos fijos and inalámbricos), QR code payment acceptance, an online payment gateway (Pasarela Credibanco), and the Bre-B instant payments system enabling 24/7 real-time interbank transfers. The company charges interchange fees, commissions, and annual network access fees (SAR) to merchants and banks for processing electronic payments across these channels.
Product overview
CredibanCo operates as a payment system administrator and payment service provider in Colombia with a platform-plus-modules architecture. The core offering centers on point-of-sale and online payment acceptance through card terminals (Datáfonos fijos e inalámbricos), QR code payments, and a payment gateway (Pasarela Credibanco). Supporting modules include HubConnect for merchant portal access, Dainsight for business analytics, and the Credibanco App Store for additional terminal functions. The company also enables instant payments through the Bre-B system and serves specific verticals including retail, transport, education, government, and SMEs through specialized solutions like Chebre. The product portfolio is designed for merchants ranging from micro-businesses to large retail chains and financial institutions.
Differentiator
Problem solved
Functional benefit
Brands
- Bre-B: An immediate payment system developed in partnership with the Banco de la República, enabling instant payments 24/7 between any connected banks and digital wallets.
- Credibanco Plus
- HubConnect
- Chebre
Products and services
- Datáfonos inalámbricos (Wireless POS Terminals) Wireless card payment terminals enabling merchants to accept electronic payments at any location, supporting point-of-sale and mobile payment scenarios.
- Datáfonos fijos (Fixed POS Terminals) Fixed card payment terminals installed at merchant point-of-sale locations for accepting electronic card payments.
- Códigos QR (QR Code Payments) QR code payment solution enabling merchants to accept payments through digital wallets and mobile applications by scanning customer QR codes.
- Pasarela Credibanco (Online Payment Gateway) Online payment gateway enabling internet-based transactions for merchants selling through websites or e-commerce platforms.
- Bre-B Instant Payments System Instant payment system developed by Banco de la República enabling real-time fund transfers 24/7 across different banks without transaction fees, with interoperability across financial institutions.
- Credibanco Plus Mobile App Mobile application enabling merchants to generate QR codes for receiving instant payments (including Bre-B) without requiring a physical card terminal, available on Android and iOS.
- Dainsight Business Intelligence Business intelligence and data analytics solution helping merchants understand transaction patterns and make strategic decisions for their businesses.
- Chebre (SME Payments) SME-focused payment brand offering simplified electronic payment acceptance for small and medium-sized businesses via the Chebre platform.
- CredibanCo API Marketplace for Developers API marketplace and developer portal enabling third-party developers to build payment solutions integrating with CredibanCo's payment infrastructure.
Companies that use CredibanCo
Customer profileSegments9 records
Ideal customer profiles5 records
CredibanCo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
CredibanCo partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- MOViicoreDigital wallet provider participating in the Bre-B instant payments system. MOVii account holders can use their digital wallet to make and receive instant payments through CredibanCo's POS network.
- BoldcorePayment solutions provider and Bre-B instant payments participant. Bold works with CredibanCo to enable merchants to receive instant payments via the Bre-B system.
- BancoomevacoreFinancial institution participating in the Bre-B instant payments network with CredibanCo. Bancoomeva account holders can register their Bre-B key through CredibanCo's platform.
- Banco de la RepúblicacoreColombia's central bank that developed and impulsed the Bre-B instant payments system. CredibanCo serves as the administrator of the Sistema de Pagos de Bajo Valor Inmediatos (SPBVI) under the central bank's framework.
- VisacoreInternational card network (franchise) whose cards are accepted on CredibanCo's POS network. CredibanCo processes Visa transactions and publishes interchange rates set by Visa.
- UPI (Unión Popular Internacional)coreCard network franchise whose transactions are processed by CredibanCo. CredibanCo publishes interchange fee criteria and rates for UPI transactions in Colombia.
- American ExpresscoreInternational card network franchise processed through CredibanCo's payment network. CredibanCo publishes interchange fee criteria set by American Express.
- Copiloto ColombiaminorA subsidiary company of CredibanCo, listed as one of CredibanCo's affiliated companies (filiales).
- Fundación Operación Sonrisa ColombiaminorCharitable foundation supported by CredibanCo through donations that fund multidisciplinary treatments for children, youth, and adults with facial cleft conditions.
- Fundación United Way ColombiaminorCharitable foundation supported by CredibanCo through volunteering and donations to help children in Colombia receive better education and stay in school.
- Hogar San Antonio de HondaminorA religious community in Honda, Tolima that supports vulnerable elderly people. CredibanCo provides donations to help cover basic needs of abandoned elderly residents.
Scale indicators3 records
Recent moves9 records
Expansion highlights6 records
CredibanCo competitors and assessment
Company assessmentBroad incumbents
- MercadoPago: Latin America's largest digital wallet and online payments platform with growing offline/QR acceptance. Competes with CredibanCo in QR-based merchant payments and online checkout, with stronger consumer brand awareness.
- Mastercard: Global card network processed via CredibanCo's payment infrastructure. Mastercard competes at the network level and pushes direct merchant relationships, creating both partnership dependence and disintermediation exposure for CredibanCo.
- Visa: Global card network whose cards are accepted and processed through CredibanCo's POS network. Visa sets interchange rates and competes at the network level; Visa Direct is a long-term disintermediation risk for traditional acquirers.
- Stripe: Global online payments infrastructure provider expanding aggressively in Latin America. Competes with CredibanCo's Pasarela Credibanco in the online/e-commerce gateway segment and represents a global incumbent threat to local acquirers.
Emerging players
- dLocal: Cross-border payments infrastructure provider serving global merchants entering Latin America. Comparable in the payments infrastructure category and operates in Colombia, offering emerging competition for international-facing merchant processing.
Direct peers
- PayU: LatAm-focused payment gateway and processor with strong presence in Colombia and across Latin America. PayU competes with CredibanCo's Pasarela Credibanco in the online/e-commerce gateway space and in merchant payment orchestration.
- Redeban: Colombia's other major payment network and acquirer. Redeban is the closest direct competitor to CredibanCo, processing card transactions and operating POS networks across the same Colombian merchant base with similar bank shareholder structures.
Regional players
- Rede: Brazil's large payment network and acquirer (formerly Redecard). Comparable to CredibanCo as a national payment network operator serving merchants through acquirers, but focused exclusively on the Brazilian market.
- PagBank (PagSeguro): Brazilian merchant acquirer and digital bank offering POS terminals, payment gateway, and instant payments. Comparable business model (acquirer + instant payments) but focused on the Brazilian market.
- Getnet: Multi-country payment processor (Brazil, Mexico, Argentina, Chile, Uruguay) under Santander. Comparable as a regional acquirer and payment processor serving merchants across LatAm, though primarily outside Colombia.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CredibanCo social profiles
Digital presenceCredibanCo compliance and trust
Trust signalCompliance5 records
CredibanCo financial estimates
Financial estimateRevenue estimate
Valuation estimate
CredibanCo leadership team
Management profileNumber of profiles
Profiles22 records
CredibanCo subsidiaries and ownership
Company hierarchySubsidiaries1 record
CredibanCo funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CredibanCo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CredibanCo
What does CredibanCo do?
CredibanCo is a Colombian payment network operator and processor that provides electronic payment acceptance infrastructure for merchants and financial institutions. Its core offerings include POS terminals (datáfonos fijos and inalámbricos), QR code payment acceptance, an online payment gateway (Pasarela Credibanco), and the Bre-B instant payments system enabling 24/7 real-time interbank transfers. The company charges interchange fees, commissions, and annual network access fees (SAR) to merchants and banks for processing electronic payments across these channels.
Is CredibanCo a public or private company?
CredibanCo is a private company. It is classified as corporate owned and is currently operating.
When was CredibanCo founded?
CredibanCo was founded in 1971. It employs 501 to 1,000 people.
Where is CredibanCo based?
CredibanCo is headquartered in Bogotá, Colombia, in the Latin America region.
How does CredibanCo make money?
Two revenue lines are on record. Payment Processing Services are the primary driver. The others are system Administration Fees.
Who are CredibanCo's main competitors?
Broad incumbents on record are MercadoPago, Mastercard, Visa and Stripe. dLocal is listed as an emerging player. Direct peers are PayU and Redeban. Regional players are Rede, PagBank (PagSeguro) and Getnet.
Does CredibanCo have an API?
Yes. CredibanCo offers an API marketplace and developer portal (Soluciones Marketplace de APIs) at https://www.credibanco.com/soluciones-marketplace-de-apis/ enabling developers to build payment solutions. The specific API types, authentication methods, rate limits, and sandbox availability are not detailed in the available source materials. Developer documentation is at www.credibanco.com/soluciones-marketplace-de-apis.
What industry is CredibanCo in?
CredibanCo's product category is Payment Processing Services. Its primary akta.pro industry code is FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure. Its NAICS code is 52232.