Best digital wallets in Colombia: which ones work and how to choose

In Colombia, digital wallets have become a key part of everyday finance. From online payments and international purchases to receiving money from abroad, Colombians increasingly rely on digital wallets to manage their money efficiently.

In this guide, we review the best digital wallets available in Colombia, how they differ, and which factors matter most when choosing one.

Why are digital wallets popular in Colombia?

Several factors have driven adoption:

• Growth of digital payments and e-commerce
• Strong freelancer and remote work economy
• International remittances
• Demand for alternatives beyond traditional banking

Digital wallets complement the local banking system while enabling global payments and access to digital dollars.

Types of digital wallets used in Colombia

Fiat digital wallets

These wallets operate with traditional currencies and are usually linked to bank accounts or cards.

Examples:

• Nequi
• Daviplata
• PayPal

They are convenient for local payments, but often limited for international use.

Crypto and Web3 wallets

Web3 wallets allow users to store and transfer crypto assets directly on blockchains.

Examples:

• MetaMask
• Trust Wallet

They provide self-custody and global access, but require conversion steps to use funds locally.

Hybrid wallets

Hybrid wallets combine fiat usability with stablecoins and blockchain infrastructure.

They allow users to save in digital dollars, send money globally, and reduce dependency on banks.

Best digital wallets in Colombia

Kontigo

Kontigo is a hybrid wallet built around USDC, offering:

• Access to digital dollars
• Global transfers without banks
• Self-custody via MPC
• Lower exposure to local currency volatility

Nequi

A popular local wallet for everyday payments and transfers within Colombia.

Daviplata

Widely used for basic digital payments and government disbursements.

PayPal

Commonly used for international payments, though fees can be high.

Binance Wallet

Used mainly for crypto storage and P2P operations.

MOVii

Movii has a strong presence in the Colombian market, particularly among young people.

Powwi

Powwi is an app focused on fast payments and quick transactions.

Tpaga

TPaga is widely used by small businesses and independent workers.

RappiPay

RappiPay is integrated into the Rappi ecosystem and is popular among frequent users of the platform.

Lulo Bank

Lulo Bank is a full-service digital bank with built-in wallet features.

Nu Colombia (Nubank)

Although it is best known for its no–annual-fee credit card, Nu Colombia also functions as a digital wallet for payments and purchases.

Ualá

Ualá is a digital wallet that entered the Colombian market as part of the regional expansion of this Argentine fintech.

Dale! (Aval Group)

Dale! is the digital wallet of Grupo Aval, created to offer payments, transfers, top-ups, and purchases through a lightweight and easy-to-use platform.

Mercado Pago

Mercado Pago is very popular among users who shop online.

PayPal

PayPal is the global wallet used to receive international payments.

Tuya Pay

Tuya Pay is the digital wallet linked to Tuya, a company partnered with major retailers in Colombia.

Wise

Wise is one of the best platforms for international transfers.

What should you consider when choosing a wallet?

• Local usability vs international reach
• Ability to hold dollars or stablecoins
• Fees and exchange rates
• Security and custody model
• Speed of transfers

Why does Kontigo stand out from other digital wallets?

While many Colombian wallets operate only within the country, Kontigo was built with a different vision: allowing your money to move with you, no matter where you are. For people who work remotely, receive payments from abroad, or want to manage their money in a more stable way, this app is a natural choice—aligned with a truly global financial lifestyle.

Instead of being limited to local use, we focus on a modern, open model designed for people who want to manage their money without borders or dependence on traditional banks. It’s a tool to live, work, and grow with greater control and more possibilities.

Download the app on iOS or Android and start moving your money without limits.

Digital wallets and the future of money in Colombia

Digital wallets continue to expand financial inclusion in Colombia, bridging local payments with global financial networks.

Frequently Asked Questions

Is it safe to use a digital wallet in Colombia?

Yes, as long as the wallet is regulated or complies with strong security standards. Many operate under the supervision of Colombia’s Financial Superintendence or are partnered with a recognized financial institution.

Which wallet allows you to send money abroad from Colombia?

Wallets such as Kontigo, Wise, and PayPal allow international transfers from Colombia. Not all local wallets offer this feature, so it’s important to check whether they support international transfers, as well as their fees and processing times.

What is the best wallet for freelancers in Colombia who get paid in U.S. dollars?

Kontigo stands out for enabling users to operate with digital dollars (USDC) directly within the app, making it easier to receive payments and preserve the value of their money. Wise and PayPal are also common options, although they often involve higher fees or less flexible processes.

Do digital wallets replace a bank account in Colombia?

In some cases, yes—but it depends on the user. For basic payments, many people replace their bank account with wallets like Nequi or MOVii. However, for traditional financial products, a bank account is still necessary.

Which wallets allow top-ups via PSE, Nequi, or DaviPlata?

Kontigo, MOVii, Tpaga, Mercado Pago, RappiPay, and several Grupo Aval apps allow top-ups through popular systems such as PSE or wallets like Nequi and DaviPlata.

Which wallets support USDC in Colombia?

Kontigo is one of the most comprehensive options for managing digital dollars (USDC) in Colombia, allowing users to store, send, and use this stablecoin from a single app.