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Nequi logo

Nequi

Colombian Mobile Wallet

Colombian digital wallet and mobile banking platform by Bancolombia. Enables P2P transfers, QR payments, online checkout, and savings for millions of Colombian users.

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PicPay logo

PicPay

Brazilian Social Payments

A popular Brazilian digital wallet and neobank known for social payment features and cashback rewards. PicPay offers a free digital account, payment cards, PIX integration, and peer-to-peer transfers within its large user base. A growing payment option for merchants targeting young, mobile-first Brazilian consumers.

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Detailed Comparison

Side-by-side feature breakdown

Fees
Nequi

From 1.5% + VAT per transaction

PicPay

Merchant fees from 1.99%

Category
Nequi
regional
PicPay
regional
Available Regions
Nequi
Latin America
PicPay
Latin America
Key Features
Nequi
Instant Payments
Low Fees
Startup Friendly
PicPay
Instant Payments
Startup Friendly
Low Fees
SDKs & Libraries
Nequi

3 Available

PicPay

1 Available

Payment Methods
Nequi

7 Supported

PicPay

7 Supported

Common Ground

Shared Regions

Latin America

Shared Features

Instant PaymentsLow FeesStartup Friendly

Frequently Asked Questions

What is the difference between Nequi and PicPay?

Nequi is best for colombian mobile wallet, while PicPay is best for brazilian social payments. Nequi charges From 1.5% + VAT per transaction and PicPay charges Merchant fees from 1.99%. They differ in supported features, regions, and payment methods.

Which is cheaper, Nequi or PicPay?

Nequi charges From 1.5% + VAT per transaction while PicPay charges Merchant fees from 1.99%. The best value depends on your transaction volume, business type, and required features. Compare their full fee structures for your specific use case.

Can I use both Nequi and PicPay together?

Yes, many businesses use multiple payment providers for redundancy, regional coverage, or to offer more payment methods. Nequi and PicPay can complement each other depending on your needs.