Baudo Pineda

Baudo Pineda is the manager of Refácil and has been an advocate for the digitalization of payment systems in Colombia. He has expressed concerns about the recent proposal by the Ministry of Finance to implement a 1.5% withholding tax on electronic transactions, arguing that it undermines the advantages of platforms like Bre-B that facilitate quick and cost-free payments for small businesses. Pineda warns that this measure could push merchants back to cash transactions, counteracting years of efforts to promote digital payment adoption.