started · updated
Nequi Negocios enables NFC mobile payments for Colombian merchants
Nequi Negocios, an independent platform of the Nequi digital wallet, has introduced a new feature allowing Android smartphones with NFC technology to function as electronic payment terminals. This update, implemented through an alliance with the Wompi payment gateway (a subsidiary of Grupo Cibest), enables small merchants, entrepreneurs, and independent workers in Colombia to process contactless debit and credit card transactions without the need for physical dataphones.
The system supports both national and international Visa and Mastercard transactions. For NFC-based contactless payments, the transaction limits are set between a minimum of $1,500 and a maximum of $250,000. For higher-value credit card payments, merchants can utilize payment links. Credit card transactions processed through this method are automatically deferred to a single installment.
There are no fixed monthly costs or activation fees for this service. Instead, Wompi charges a transaction fee of 1.99% plus VAT on the total sale value. Funds from these transactions are settled into the merchant's Nequi account within a maximum of two business days. The platform currently serves over 137,000 registered merchants in Colombia.
Entities
Grupo Cibest · Mastercard · Nequi Negocios · Visa · Wompi
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The platform has more than 137,000 registered merchants in Colombia. www.tecnogus.com.co
- [● 3 SOURCES] The service is powered by the Wompi payment gateway, a subsidiary of Grupo Cibest. www.tecnogus.com.co · diariodelcauca.com.co · extra.com.co
- [● 3 SOURCES] The transaction fee is 1.99% plus VAT on the total sale value. www.tecnogus.com.co · diariodelcauca.com.co · extra.com.co
- [● 2 SOURCES] NFC contactless payments via the app have a minimum value of $1,500 and a maximum of $250,000. diariodelcauca.com.co · extra.com.co
- [● 2 SOURCES] Credit card payments made through this method are automatically deferred to a single installment. diariodelcauca.com.co · extra.com.co
- [● 2 SOURCES] The system supports Visa and Mastercard, both national and international. diariodelcauca.com.co · extra.com.co
- [● 2 SOURCES] Wompi settles total sales to the Nequi account within a maximum of two business days. diariodelcauca.com.co · extra.com.co
- [● 3 SOURCES] Nequi Negocios has launched a new feature allowing Android devices with NFC technology to function as payment terminals. www.tecnogus.com.co · diariodelcauca.com.co · extra.com.co