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N
Nequi
Mobile banking and digital wallet app for peer-to-peer payments in Colombia
MIXEDFinance
Pricing
Freemium
Learning curve
Easy
Time to value
Immediate
BEST FORSoloSmall Team
COMMUNITY SENTIMENT
PositiveNegative
WORKS FOR

Making digital payments via phone app with small vendors using QR codes, Peer-to-peer payments between individuals in Colombia

KEY INSIGHT

It is a dominant local payment method in Colombia but is not accessible to foreign residents.

DOESN'T WORK FOR

Accessing the service as a foreigner living in Colombia, even with permits

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Community Reviews

Reviews from Reddit, Product Hunt, Hacker News & AlignAI members

FAILED

Nequi, however, is not available to foreigners, even to those who live in Colombia with permits.

Hacker News • HackerNews • Use case: Accessing the payment service as a foreigner living in Colombia.

WORKED

There's a paypal-like phone app, Nequi, that almost every colombian has as well, far more common than credit cards. While big stores and restaurants will accept cards, a small (and not licensed) street vendor will often have a QR code to pay by Nequi.

Hacker News • HackerNews • Use case: Making digital payments via a phone app, especially with small vendors using QR codes.

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