Use Case: Local Payments with Bre-B Using the Payment Instruments of Your Ecosystem

Cobre enables Payment Service Providers (PSPs) that offer their own payment instruments or manage those offered by third parties to enable local Bre-B payments using those instruments—even if the denomination of those instruments is expressed in currencies or assets other than COP. Thanks to our operational model, Cobre enables the effective execution of payments initiated by users of these instruments and allows the repayment of disbursed values in a currency other than COP.

Cobre receives your foreign currency and, when combined with instant local payouts, enables PSPs to offer a smooth in-person payment experience at merchants that accept Bre-B QR codes or Bre-B transfers.

This guide explains how we achieve this.

1. What Cobre Enables for PSP Apps

With Cobre, PSPs can:

Maintain balances denominated in USD

Instruct Cobre to pay COP at the moment of in-person payment

Enable local merchant payments using Bre-B keys or Bre-B QR codes

Support dynamic and static QR payment flows

Receive real-time confirmation of payment success or failure

Maintain full traceability of the flow of funds (receipt and delivery)

2. The Payment App Flow in the Cobre Model

Conceptually, an App payment via Bre-B settled in USD involves two coordinated steps:

Cross-Border Money Movement — Cobre receives funds in USD.

See Cross Border Payments with Cobre

Local Money Movement (Bre-B Payout) — Sends equivalent funds in COP to the merchant via Bre-B.

See Money Movements with Bre-B

Within the Cobre model:

App funds are reflected in Cobre Balances (USD / COP).

Merchants are represented as Counterparties, identified by Bre-B keys.

Each step generates its own Money Movement and resulting Transactions.

Notifications provide real-time feedback for both stages.

This separation guarantees transparency, pricing clarity, and operational control.

3. Key Capabilities for App Payments via Bre-B

3.1 QR-Based Payment Initiation

Typical payment app behavior:

The user scans a Bre-B QR code at the point of sale.

If the QR is dynamic, it includes the amount to be paid.

If the QR is static, the user enters the amount in the app.

The QR resolves to a Bre-B key and the merchant’s identity.

This provides the payment context needed to proceed.

3.2 Conversion Quote and User Confirmation

When the app’s funds are in USD, settling the payment requires receiving funds at an agreed conversion rate between Cobre and the PSP that compensates the local payout.

At this stage:

The app requests an Conversion quote USD → COP

The quote specifies the COP amount to be delivered — i.e., the amount sufficient to cover the payment

The user reviews and accepts the value in the app

This step guarantees transparency and user consent before enabling COP funds.

3.3 Cross-Border Money Movement (Enabling COP Balance)

Once the amount is accepted:

The app executes a cross-border money movement

Payments are executed in COP

COP liquidity becomes available for the local payment

This step connects the app’s global funding with Colombia’s local payment rails.

3.4 Local Bre-B Payout to the Merchant

After COP funds are enabled:

The app initiates a local payout via Bre-B

Funds are sent in COP to the Bre-B key contained in the QR

The merchant receives the funds as an instant local transfer

From the user’s perspective, this appears as a single payment action.

3.5 Real-Time Notifications and Status Tracking

Cobre provides event notifications covering both stages:

Result of COP balance enablement

Completion or rejection of the Bre-B local payout

PSPs can:

Immediately confirm payment success in the app’s UX

Detect failures and display clear error states

Trigger retries or alternative flows if necessary

This is critical for in-person payment experiences.

See Notifications and subscriptions

4. Speed, Settlement, and Reliability

This two-step flow is designed for speed and predictability:

COP enablement executes immediately after user confirmation

Bre-B payouts typically complete in seconds

Each step has a clear final state (completed or failed)

There is no dependency on banking cut-off times

This makes the experience suitable for point-of-sale app payments.

5. Typical PSP App Use Cases

Common scenarios include:

Payments in physical stores at Bre-B-enabled merchants

Payment apps funded in USD that spend locally in COP

QR-based merchant acceptance without cards

Super-apps offering real-time merchant payments

PSPs expanding app usability in Colombia

Cobre is especially valuable for PSPs connecting global app funding with local merchant acceptance.

6. Transactions, Reporting, and Reconciliation

Each app payment generates:

A transaction for COP enablement

A transaction for the Bre-B payout

Clear references linking both steps to a single user payment intent

This allows PSPs to reconcile:

App debits vs. COP enablement

COP-enabled amounts vs. local payouts

Merchant settlements with full traceability

7. Summary — What Cobre Offers for PSP Apps

Cobre enables PSPs in Colombia to:

Fund payment apps in USD
Enable COP funds at the moment of payment
Execute Bre-B payments via QR codes or keys
Support real-time in-person payments
Receive immediate confirmation of results
Maintain unified reporting across conversions and local payouts

By orchestrating local currency enablement and Bre-B payouts, Cobre allows international PSPs to offer simple, fast, and scalable app payments across Colombia.

Bre-B Payouts with Payment Instruments of Your Ecosystem

Use Case: Local Payments with Bre-B Using the Payment Instruments of Your Ecosystem#

1. What Cobre Enables for PSP Apps#

2. The Payment App Flow in the Cobre Model#

3. Key Capabilities for App Payments via Bre-B#

3.1 QR-Based Payment Initiation#

3.2 Conversion Quote and User Confirmation#

3.3 Cross-Border Money Movement (Enabling COP Balance)#

3.4 Local Bre-B Payout to the Merchant#

3.5 Real-Time Notifications and Status Tracking#

4. Speed, Settlement, and Reliability#

5. Typical PSP App Use Cases#

6. Transactions, Reporting, and Reconciliation#

7. Summary — What Cobre Offers for PSP Apps#