Real‐Time Interbank B2B Payments in Colombia are now facilitated by Cobre, making it the pioneer in this area.
In a groundbreaking development for the Colombian financial sector, Cobre, a leading platform for real-time business payments in Latin America, is set to introduce an innovative system that will enable instant, interoperable interbank B2B payments exclusively for businesses. The new integration, launched under the Bre-B framework, marks the first platform in the country to facilitate real-time, 24/7 payments, including weekends and holidays[1][2].
Starting September 2025, companies in Colombia will be able to instantly receive payments via payment aliases (keys) without disrupting their existing accounting or payment processes. This game-changing system aims to improve cash flow and accelerate accounting cycles for businesses[1][2].
Key features of Cobre's system include real-time, interoperable transfers across banks for businesses, the use of payment aliases (keys) to simplify and secure the receipt of payments, and integration with existing systems, allowing companies to maintain their current payment and accounting infrastructure while benefiting from instant payment settlement[2].
Major retailers, fintechs, and logistics providers will have early access to the new system, broadening its adoption across critical sectors[2]. This innovation is a significant step in Colombia's financial modernization agenda, driven by the Bre-B framework, which aims to accelerate the digitization and interoperability of business payments nationwide[1][3].
José Gedeón, CEO and co-founder of Cobre, stated that this innovation benefits not only their clients but also the country's entire financial modernization agenda. He added that this is another step in their mission to provide innovative, efficient financial tools for companies[1][2].
With this pioneering integration, Cobre reaffirms its leadership as the most agile, interoperable, and future-ready B2B payments platform in the region. The new system transforms the way money moves across Colombia for businesses, offering a seamless and efficient way for companies to conduct their financial transactions[1][2].
[1] https://www.cobre.co/news/cobre-launches-first-real-time-interbank-payment-system-for-businesses-in-colombia [2] https://www.bre-b.co/news/cobre-launches-real-time-interbank-payment-system-for-businesses-in-colombia [3] https://www.colombiareports.com/business/colombia-financial-modernization-agenda/
Starting from September 2025, businesses in Colombia will utilize Cobre's innovative financial infrastructure, a pioneering system for instant, interoperable interbank B2B payments, to enhance their cash flow and accounting cycles. The technology-driven platform, integrated with existing systems, will offer major retailers, fintechs, and logistics providers access to real-time, secure, and efficient payment solutions.
