Davivienda POS terminal: requirements, commission and how to apply
Davivienda POS terminal in 2026: requirements for individuals and companies, how the commission is calculated before VAT,…
Read article →September 15, 2026
Payment methods
Credibanco POS terminal: how much does it cost, what models are available, and who uses it?
He Credibanco point-of-sale terminal You don't contract with Credibanco; you contract with a bank. Credibanco is the network that processes Visa card payments in Colombia, and the acquiring bank is the one that charges you the commission. In the second quarter of 2026, that average commission was between 1.52 and 2.12 pesos for credit card transactions, according to the network's official publication.
This confusion explains why so many people search for Credibanco's card payment terminal fees and can't find a single number. There's no list price because there's no single vendor. Twenty-something banks charge different fees on the same network, and your economic sector influences the price as much as your bank does.
The good news is that this data is public. By regulation, Credibanco publishes quarterly the fees charged by acquiring banks, broken down by institution and type of merchant. Almost no one looks at it. We're making it public here.
The essentials
- Credibanco manages the network; it doesn't sell you the card reader. The commission is set and collected by the acquiring bank with which you sign the agreement.
- Weighted average commission in the general segment, second quarter of 2026: between 1.52 % and 2.12 % in credit and between 1.31 % and 2.16 % in debit, depending on the bank.
- Your segment matters. A restaurant pays more than a supermarket for the same sale.
- Credibanco does not publish the price or rental cost of the equipment. That figure is provided by the bank on a case-by-case basis.
- If you have low billing, a flat-rate acquirer usually wins. If you have high billing, the bank route negotiates lower prices.
What is the Credibanco point-of-sale terminal and why shouldn't you buy it from Credibanco?
Credibanco is a Colombian company supervised by the Financial Superintendency which manages low-value payment systems and has been doing so for more than 50 years: it was born as a banking association in 1971 and brought the first point-of-sale terminals to the country in 1984.
What's important for your business is the role. Credibanco is the highway through which a Visa card transaction travels. The bank collects the toll. When someone offers you a Credibanco point-of-sale terminal, they're actually offering you a terminal from Bancolombia, Davivienda, BBVA, Banco de Bogotá, or any other acquiring bank that operates on that network.
Therefore, the useful question isn't how much Credibanco charges. It's how much your bank charges on top of Credibanco.
How much does Credibanco charge per transaction for card payments in 2026?
Here's the fact that almost no one publishes. Credibanco is required to disclose its acquiring fees and does so quarterly in its section of regulatory publications, in a consolidated report by bank and by trade segment.
These are the weighted averages for the second quarter of 2026 in the general segment, which is where most small businesses fall:
| Acquiring bank | Credit | Debit |
|---|---|---|
| Davivienda | 1,52 % | 1,80 % |
| Bank of Bogotá | 1,71 % | 1,77 % |
| Bancolombia | 1,79 % | 1,85 % |
| Bank of the West | 1,82 % | 1,31 % |
| BBVA | 2,12 % | 2,16 % |
And this is the detail that changes decisions: the same network charges different fees depending on your line of work. Average commission range among those five banks, by segment:
| Trade segment | Credit | Debit |
|---|---|---|
| Home services and decoration | 1.46 % to 1.85 % | 0.66 % to 1.99 % |
| Supermarkets | 1.47 % to 2.33 % | 1.01 % to 2.37 % |
| General | 1.52 % to 2.12 % | 1.31 % to 2.16 % |
| Drugstores | 1.55 % to 2.09 % | 1.14 % to 2.21 % |
| Clothing and accessories | 1.55 % to 2.22 % | 1.03 % to 2.13 % |
| Clinical and beauty services | 1.71 % to 2.18 % | 1.01 % to 2.18 % |
| Spare parts and workshops | 1.80 % to 2.27 % | 1.25 % to 2.17 % |
| Fast food | 1.92 % to 2.51 % | 1.41 % to 2.49 % |
| Bars and restaurants | 2.03 % to 2.38 % | 1.50 % to 2.39 % |
A bar and a hardware store don't pay the same amount for processing the same card. That difference, about half a percentage point between the two extremes, is what no one mentions when they offer you the equipment.
Before signing, ask for a written quote for your specific segment, not the general rate. The bank quotes based on your activity code, and that's where the surprises come in.
What Credibanco point-of-sale terminal models are available?
The catalog of wireless equipment that runs over the network includes several options, each designed for a different type of operation:
- Smart Card Reader y Smart Plus Card ReaderAndroid-type terminals that integrate sales and processes into the same device.
- KD69 Data Terminal: accepts cards and also QR Bre-B from the customer's wallet.
- Mobile Payment Plus: portable rental option that works without the need for a separate cell phone.
- Portable GPRS POS Terminal: designed for businesses with a high volume of transactions.
There are also fixed point-of-sale terminals and QR code readers. What you won't find listed is the price: neither the purchase price nor the monthly rental fee appears on the network's website, as these are set by each bank. If you want to compare equipment by specifications before requesting a quote, check out our guide. best card payment terminals for businesses.
Credibanco POS terminal or direct acquirer: which one is right for you
The honest comparison isn't between equipment brands. It's between two business models.
The bank route through Credibanco offers lower fees, around 1.5% to 1% in the best cases, but it usually requires a business account, documentation, and sometimes equipment rental. The direct acquirer route charges a flat rate and has no requirements. Bold charges 2.69 % plus 300 pesos With Visa and Mastercard, no monthly fee. Wompi It works with your cell phone and without any physical equipment.
The math is simple. If you sell 20 million pesos a month, one percentage point is 200,000 pesos per month, and it's worth negotiating the rate with a bank. If you sell 3 million pesos, that point is 30,000 pesos, and it doesn't cover the paperwork or a fixed rent. For the complete calculation by brand, see our breakdown of How much does a card reader charge per transaction?.
It's worth deciding soon: 84.9% of micro and small businesses already receive electronic transfers, So digital payment stopped being a differentiator and became the minimum.
How to get a Credibanco card reader step by step
- Identify your merchant segment and find its row in the network's quarterly consolidated report. There you'll see which bank charges the least in your category.
- Get quotes from two or three acquiring banks, not just one. Fees are negotiable, and competition is your only leverage.
- It requires that the proposal separate three things: credit commission, debit commission, and equipment cost, whether purchased or rented.
- Confirm if there is a minimum billing amount or a penalty for low volume, which is where the real cost of small businesses is hidden.
- Compare that total against a direct acquirer's flat rate before signing.
Common mistakes when ordering a Credibanco card terminal
- Believing that Credibanco sets the rate and accepting the first quote without comparing banks.
- Focus only on the credit card fee. If your customers pay by debit, that's the figure that matters to you.
- Forget that VAT is paid on the commission and that legal withholdings apply, so what they deposit is always less than the sale minus the percentage.
Don't know which one is cheaper?
We help you compare the real cost of your payment methods and build a digital strategy that takes advantage of them.
Frequently asked questions about the Credibanco point-of-sale terminal
How much does the Credibanco card reader cost?
The network does not publish equipment prices. The purchase cost or monthly rental fee is determined by the acquiring bank you sign up with, and it varies depending on the model and projected volume. What is public, however, is the transaction fee.
Can I contract directly with Credibanco?
Not in the usual sense. Credibanco manages the network and provides services and contact channels, but the acquiring agreement, fees, and billing remain with a bank. That bank is your commercial counterparty.
Why is my commission different from that of another business?
For two reasons: your acquiring bank and your merchant segment. A bar and a drugstore have different rates on the same network, and within the same segment, each bank charges differently.
Does the Credibanco card reader accept Bre-B?
Some devices do. The KD69 model accepts Bre-B QR payments from the customer's wallet, in addition to debit and credit cards. Please confirm compatibility for your specific model before signing.
Is it better than Bold or Wompi?
It depends on the volume. With high billing, the bank route negotiates commissions below 2.1% and profits. With low billing, the flat rate with no monthly fee or requirements is usually better, because the percentage savings don't cover the fixed costs.
In summary
Looking for the price of a Credibanco point-of-sale terminal is looking in the wrong place. The network processes the transaction, the bank charges. What you can do, and almost no one does, is open the quarterly summary that the network is required to publish, locate your segment, and go to the negotiating table knowing what each bank is charging in your category. With that figure in hand, you can stop accepting the rate they offer and start negotiating the one that's right for you.
