Redeban

What Redeban does

Redeban S.A. is a Colombian payment processing company headquartered in Bogotá, founded in 2000 and operating with approximately 868 employees. It is officially recognized as a low-value payment system (Sistema de pago de bajo valor) under Resoluciones 40478 and 53990 from Colombia's Ministry of Commerce, Industry and Tourism, and is supervised by the Superintendencia Financiera de Colombia. The company provides card acceptance infrastructure across POS terminals (datáfonos), QR-based payments via the Bre-B instant payment network, e-commerce gateways (Global Pay, payment links, payment buttons), anti-fraud tools (Cybersource Decision Manager, Kount, Soy yo, Trust 360), clearing house settlement, private label/prepaid/gift card programs, recurring payments, and data analytics through SICWEB and DataMÁS, with PCI DSS, ISO 9001:2015, and ISO 14001:2015 certifications.

The company's technology stack is built around proprietary processing infrastructure, including the Central App marketplace that enables integrators to publish applications on Redeban-enabled Android POS devices. More than 39 financial institutions participate as member entities, supporting interoperable card, QR, and instant transfer acceptance across the country. The 2026 launches of SoundBox (an audio-enabled smart POS device) and Dispersiones Inmediatas (real-time mass disbursements through Entre-Cuentas) extend the product surface into new hardware and treasury workflows.

Redeban generates revenue primarily through per-transaction processing fees, monthly POS terminal rental subscriptions ranging from approximately COP 27,326 to COP 95,675 plus 19% VAT depending on device tier and transaction thresholds, recurring fees for enterprise information systems (SICWEB, DataMÁS, API-SAC), payment gateway services for fintechs and aggregators, and card program management licensing. Its customer base spans SMBs (1 to 100,000 monthly transactions), large retail chains (Éxito, Falabella, H&M, Adidas, D1, Ikea, Terpel), restaurants (Crepes & Waffles, Frisby, Starbucks), fintechs and payment gateways, and financial institutions. Distribution combines direct field sales, enterprise account management, an online self-serve affiliation portal, and WhatsApp-based sales through the Carla virtual assistant, with active participation in Colombian industry events.

Name

Redeban

Legal name

Redeban S.A.

Website

https://redeban.com

Company type

Private

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Redeban S.A. is a Colombian regulated low-value payment system operating card acceptance POS terminals, interoperable QR payments via Bre-B, e-commerce gateways, anti-fraud tools, and data services for SMBs, large retailers, fintechs, and financial institutions.

Ownership category

akta.pro rank

Product category

Payment Processing Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Merchant Acquiring & Card Processing (PSPs) (CRAFALAB)

akta.pro secondary industries

Marketplace / Platform Acquiring (PayFac & Sub-Merchant Management) (FSAMABAF), A2A Payment Initiation Service Providers (PISPs) (FSAMAFAB)

Keywords

• Payment processing
• Electronic transactions
• POS terminals
• QR code payments
• Payment gateway

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Operations, Infrastructure, Personnel, Marketing or Sales, Others

Revenue model

1. Payment processing and transaction fees: Redeban earns fees for processing electronic payment transactions across its network of POS terminals, e-commerce gateways, and instant payment systems. Fees are charged per transaction and vary by payment method, transaction type, and merchant segment.
2. POS device rental and maintenance: Monthly rental fees for card terminals (datáfonos) with varying functionality levels. Pricing tiers are based on transaction volume requirements and device features (paper vs. paperless, Android vs. standard).
3. Enterprise software and data services: Fees for information systems such as SICWEB, DataMÁS, and API-SAC that provide transaction reporting, consolidation, and reconciliation services primarily to large merchants and financial entities.
4. Payment gateway services: Revenue from Global Pay gateway services and specialized solutions for payment aggregators, fintech companies, and acquiring gateways including processing, tokenization, fraud prevention, and 3D Secure authentication.
5. Card program management: Services related to private label cards, prepaid cards, and gift cards for merchants and retailers, enabling branded card programs accepted within their ecosystems.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Redeban S.A. operates as a low-value electronic payment system (Sistema de pago de bajo valor) in Colombia, regulated by the Superintendencia Financiera de Colombia. The company provides payment acceptance infrastructure including POS terminals (datáfonos), interoperable QR code payments integrated with the Bre-B instant payment network, e-commerce payment gateways, anti-fraud solutions, card programs (private label, prepaid, gift cards), and data/reconciliation systems. It serves merchants, financial institutions, fintechs, and payment gateways across Colombia.

Product overview

Redeban is a low-value electronic financial transaction routing and consolidated compensation payment system in Colombia. The company operates as a multi-product payment platform offering a comprehensive portfolio of solutions organized into core payment acceptance products (POS terminals/datáfonos, QR code payments, SoundBox smart devices), e-commerce solutions (Global Pay gateway, payment links, payment buttons), instant transfer services through the Bre-B national payment system and Dispersiones Inmediatas mass transfer solution, data and information systems (SICWEB, Voucher Digital, DataMas, API-SAC), anti-fraud solutions (Soy yo, Trust 360, Cybersource, Kount), card products (private label, prepaid, gift cards), and collection services. The ecosystem includes Central App as a marketplace for third-party applications and supports both acquiring and issuing processing for financial entities and payment gateways.

Differentiator

Problem solved

Functional benefit

Products and services

• Datáfonos (POS Terminals) Card payment terminals (POS) available in fixed, mobile, Android-based, and mini formats. Enables merchants to accept credit, debit, and electronic wallet payments at point of sale.
• Código QR Interoperable Interoperable QR code payment solution enabling instant sales payments and transfers through the Bre-B ecosystem across all enabled banking entities in Colombia.
• SoundBox Smart speaker device for merchants that combines POS terminal functionality with audio capabilities to enhance the sales experience.
• Link de Pagos Payment link solution enabling merchants to receive online card payments via a shareable link, with or without a website.
• Botón de Pagos Payment button solution for e-commerce integration, allowing merchants to embed payment collection into websites or applications.
• Global Pay (Pasarela de Pago) Payment gateway solution for processing credit and debit card transactions online through Redeban's infrastructure.
• Bre-B National instant payment system enabling money transfers between banks or digital wallets using keys (identifiers). Redeban is part of the Bre-B system as a participant enabling interoperability.
• SICWEB Web-based transaction information system allowing merchants and banking correspondents to query, consolidate, and reconcile transaction data from Redeban acceptance points.
• Voucher Digital Cloud Digital receipt solution that sends transaction vouchers via SMS instead of printed paper receipts.
• DataMÁS Information query and analytics solution providing consolidated transaction data and insights for merchants, shopping centers, tourism, and financial entities.
• API-SAC API solution for payment gateways enabling transaction processing, state queries, and reconciliation services.
• Central App Official app store platform for Redeban ecosystem, allowing technology integrators and merchants with proprietary solutions to publish applications securely on Redeban-enabled Android POS devices.
• Tokenización Card tokenization solution for secure storage and use of payment credentials in e-commerce and mobile transactions, for both issuers and acquirers.
• 3D Secure 2.0 Enhanced authentication protocol for online card transactions providing additional security through multi-factor authentication for card-not-present transactions.
• Cybersource Decision Manager Fraud detection and prevention solution using machine learning to analyze transactions and identify fraudulent activity, offered for acquiring gateways and payment processors.
• Kount Fraud protection solution for e-commerce gateways providing AI-driven identity verification and fraud prevention capabilities.
• Soy yo Identity verification solution for anti-fraud purposes, enabling validation of consumer identity during transactions.
• Trust 360 Comprehensive fraud monitoring and prevention solution providing real-time threat detection and risk assessment for transaction risk analysis.
• Tarjeta Privada Private label card solution enabling merchants to issue branded cards for their customers, accepted at 39 participating entities within the Redeban network.
• Tarjeta Prepago Prepaid card solution allowing merchants to offer reloadable prepaid cards to customers.
• Tarjeta Bono Regalo Gift card solution enabling merchants to issue and accept gift cards as a payment method within the Redeban ecosystem.
• Corresponsalía Bancaria Banking correspondent services enabling non-bank businesses to offer banking transactions and increase foot traffic.
• Dispersiones Inmediatas Mass immediate transfer solution enabling originators to send funds to multiple recipients in real-time through the Entre-Cuentas ecosystem.
• Pagos Recurrentes Recurring payment solution enabling merchants to collect scheduled, periodic payments from customers.
• Recaudo Electrónico Electronic collection solution for processing and managing digital payment collections for merchants and financial entities.
• Cámara de Compensación Clearing house services for transaction settlement and net compensation within the Redeban payment network for participating entities.

Named customers21 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature14 records

Partnerships

Six partnerships are on record, tiered core and major.

• Bre-B (Sistema de Pagos Instántaneos de Bajo Valor)coreTechnology or IntegrationRedeban is an active participant in the Bre-B instant payment network, Colombia's low-value instant payment system. The company enables its merchants and financial institution clients to send and receive instant transfers using phone numbers and identification keys (llaves) through the Bre-B ecosystem, extending interoperability across all participating banks and digital wallets.
• VisacoreTechnology or IntegrationRedeban processes Visa card transactions as part of its multi-network card acceptance infrastructure, enabling merchants to accept Visa debit and credit cards across POS, e-commerce, and QR payment channels.
• MastercardcoreTechnology or IntegrationRedeban processes Mastercard card transactions as part of its card acceptance network, supporting Mastercard debit and credit payments across all merchant channels.
• Cybersource (Visa subsidiary)majorTechnology or IntegrationRedeban offers Cybersource Decision Manager as a fraud detection and management solution for acquiring gateways and payment aggregators, integrated into its e-commerce security toolkit.
• KountmajorTechnology or IntegrationKount fraud protection solutions are offered as part of Redeban's anti-fraud portfolio for e-commerce merchants and payment gateways, providing AI-driven fraud detection capabilities.
• Superintendencia Financiera de ColombiacoreOthersRedeban operates as a supervised entity (vigilado) under the Superintendencia Financiera de Colombia, which provides regulatory oversight and authorization for its payment system operations. Redeban displays the 'Vigilado superintendencia financiera' badge on its website.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Mercado Pago: Mercado Pago is the payments arm of Mercado Libre and a broad fintech incumbent across Latin America, offering acquiring, QR, instant transfers, and merchant credit that overlap with Redeban's payment, Bre-B, and SMB offerings.
• Adyen: Adyen is a global unified payments platform offering acquiring, gateway, and risk services to enterprise merchants, including those operating in Latin America, making it a broader incumbent peer to Redeban.
• Visa Direct / Visa Acceptance Solutions: Visa is a global card network and acceptance solutions provider that processes transactions for many of the same merchants Redeban serves, and is also a key partner (Cybersource) of Redeban.

Regional players

• Network International: Network International is a payment processor and acquirer operating across the Middle East and Africa; comparable as a regional acquiring/processing business, though it serves a different geography than Redeban.

Direct peers

• EBANX: EBANX is a LATAM payment processor offering local payment methods and acquiring infrastructure across the region, directly comparable to Redeban's e-commerce gateway, card processing, and merchant-of-record services.
• PayU: PayU operates a global payment gateway with deep presence in Latin America, offering acquiring, processing, and gateway services comparable to Redeban's Global Pay and API-SAC offerings for e-commerce and fintech clients.
• Credibanco: Credibanco is the other major Colombian payment network/processor and acquirer, directly competing with Redeban on POS terminals, card acceptance, and merchant acquiring for the same retail and financial institution clients in Colombia.
• StoneCo: StoneCo is a Brazilian merchant acquirer and POS provider serving SMBs and enterprise merchants with integrated hardware and software; closely comparable to Redeban's datáfono and merchant acquiring model in a neighboring LATAM market.
• dLocal: dLocal is a Latin America-focused cross-border payment processor enabling global merchants to accept local payment methods; comparable to Redeban in serving merchants across LATAM with localized acquiring and processing.

Emerging players

• Bold (Colombia): Bold is an emerging Colombian payments startup offering acquiring and POS solutions to SMBs and large merchants, directly competing with Redeban in the Colombian market with newer, fintech-native tooling.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/redebanm
• YouTubeyoutube.com/@RedebanM
• Facebookfacebook.com/RedebanM
• LinkedInlinkedin.com/company/redeban
• Instagraminstagram.com/redebanm

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Redeban