Local Payments is the financial infrastructure that centralizes the domestic money flows within a country.
In an infrastructure like Cobre’s Local Payment you execute interbank payments securely using the local payment rails of countries like Colombia and Mexico directly from a unified platform.
Access the main Colombian and Mexican financial rails to process your operations with predictable processing windows and fast settlements.
Execute unit or mass movements to speed up your daily operations and reduce operational hours.
Cobre provides standardised reports in CSV, JSON and PDF formats for transactions, fund transfers and balance statements.
If your company operates in countries such as Colombia and Mexico, managing your cash flow using Cobre’s local payment services allows you to collect and disburse funds via a multi-currency payment system.
Accelerate fund disbursement to your commercial partners. Send money in seconds and guarantee your business continuity with exact confirmations. Your supplier disbursements become an automatic process free of operational errors.
Schedule your corporate payroll payments on the exact dates you need them. Use the money movement scheduler to ensure your team receives their funds without delays through highly precise future programming.
Centralize your corporate collections (Payins) through integrated digital tools. Cobre facilitates the flow of money into your operational accounts with full visibility and automatic reconciliation, eliminating manual processes and validating account ownership to ensure information matches official records.
Marketplaces and platforms that require integrated payment solutions.
Companies with a high demand for payroll outsourcing and supplier management.
Credit institutions, microfinance organisations and fintech companies that require rapid disbursement cycles.
All your operations have total traceability, role-based permissions, and documentation to audit every stage of the money movement. Cobre facilitates the flow of money and guarantees compliance with security standards without being a traditional bank and without custodying your money.
Yes, you upload files for mass money movements, apply approval flows, and track the status of thousands of simultaneous money outputs from the portal or through our API.
Cobre is designed to scale with your business. We support individual operations and mass uploads so you can pay your corporate payroll or thousands of third parties without technical friction, centralizing all your volume in a single solid platform.
In Mexico, you can send and receive funds via SPEI, connecting directly to CLABE accounts or SPEI cards. Learn more
In Colombia, you can make payments via Bre-B, Cobre Fast Pay and ACH.
An interbank transfer is executed immediately upon receipt of funds. With copper wire, this transaction is reflected the same day or within hours, thanks to a direct connection to the local banking networks of the destination country. This eliminates the typical 3- to 5-business-day waiting period of traditional banking methods.
