Checkout

Hosted Local Payments — Overview

Cobre Checkout is a hosted payment experience that allows businesses to collect money from customers using local payment methods, without building or maintaining their own payment interface. It abstracts the complexity of local banking rails and delivers a bank-native, real-time checkout flow, while ensuring funds are credited directly to the business’s Cobre Balance and fully traceable.

Cobre Checkout is designed to simplify collections while maintaining full visibility, reconciliation, and control.

1. What Cobre Enables with Checkout

With Cobre Checkout, businesses can:

Collect money using local payment rails

Offer customers a hosted, ready-to-use checkout experience

Support real-time collections where available

Credit funds directly into a Cobre Balance

Track payments through standardized transactions and reports

Checkout is fully integrated into Cobre’s local money movement ecosystem.

2. Checkout in the Cobre Model

A Checkout payment in Cobre represents a payin money movement with the following characteristics:

Origin: The customer’s bank account

Destination: The merchant’s Cobre Balance

Execution: Customer-authorized, bank-native flow

Settlement: Immediate or near real time, depending on rail

Visibility: Reflected instantly via transactions and balance updates

Traceability: Link external IDs to local payins (e.g. Invoice numbers)

Checkout acts as a higher-level abstraction over local payin methods.

3. Supported Payment Experiences

Cobre Checkout supports multiple local collection experiences, depending on country and rail availability, such as:

Bre-B (Dynamic key and QR code)

PSE

Nequi Button

Bancolombia Button

From the customer’s perspective, Checkout provides a simple and familiar banking experience, while Cobre manages the underlying payment orchestration.

4. Hosted Experience — No UI to Build

One of the key capabilities of Cobre Checkout is that it is fully hosted, and can manage the checkout interaction with the Payer as follows:

The payer selects the payment method

The payer is redirected to the selected method UX

Bre-B

PSE

Nequi Button

Bancolombia Button

The payer is redirected to the Cobre's payment confirmation UI

The payer clicks on the 'Return to the merchant site' button

The redirect url can be configured - A webhook notification can be also sent to the client's backend to trigger any business process (e.g., Order fullfilment)

What this enables:

No need to design or maintain payment UIs

Reduced integration and operational complexity

Faster time to market

Consistent user experience across payment methods

Businesses redirect or embed customers into the Checkout flow and focus on their core product.

5. Security, Trust & Customer Authorization

Checkout is designed around explicit customer authorization:

Customers approve payments directly in their banking environment

Sensitive banking details are not exposed to the merchant

Payment confirmation is immediate and traceable

This increases trust and reduces friction compared to manual bank transfers.

6. Typical Business Use Cases for Checkout

Cobre Checkout is well suited for:

E-commerce and digital checkout flows

On-demand services

Invoice and bill payments

Subscription sign-ups and renewals

Marketplace buyer payments

It is especially valuable where businesses want fast, predictable collections without card dependency.

7. Transactions, Reporting & Reconciliation

Every Checkout payment generates Transactions in Cobre, which:

Credit the merchant’s Cobre Balance

Are categorized by payin type

Appear in transaction lists and balance statements

Are included in reconciliation and accounting reports

From a finance perspective, Checkout payments behave exactly like other Cobre payins.

8. Checkout vs Request to Pay (R2P)

From a capability standpoint:

Dimension	Checkout	Request to Pay (R2P)
Enablement	Hosted	API-only
UX ownership	Cobre	Merchant
UI/Flow	Pre-built	Fully custom
Payment rails	Same	Same
Speed to market	Faster	More flexible
Best for	Simple integrations	Custom products

Cobre provide Checkout as a fricctionless ready-to use payin method.

9. Operational Benefits of Using Checkout

Using Cobre Checkout allows businesses to:

Reduce payment friction for customers

Improve conversion rates

Receive funds faster

Simplify reconciliation

Avoid building and maintaining payment infrastructure

Checkout transforms local bank payments into a product-ready experience.

10. Summary — What Cobre Delivers with Checkout

With Cobre Checkout, Cobre enables:

Hosted local payment experiences
Real-time or near-real-time collections
Direct crediting to Cobre Balances
Unified transactions and reporting
Reduced operational and technical complexity

Cobre Checkout abstracts local payment rails into a simple, scalable, and user-friendly collection capability, allowing businesses to focus on growth rather than payments infrastructure.

Checkout

Hosted Local Payments — Overview#

1. What Cobre Enables with Checkout#

2. Checkout in the Cobre Model#

3. Supported Payment Experiences#

4. Hosted Experience — No UI to Build#

What this enables:#

5. Security, Trust & Customer Authorization#

6. Typical Business Use Cases for Checkout#

7. Transactions, Reporting & Reconciliation#

8. Checkout vs Request to Pay (R2P)#

9. Operational Benefits of Using Checkout#

10. Summary — What Cobre Delivers with Checkout#