Niubiz vs Culqi (Peru, card and QR payments)

Overview

We compare the two for a small business in Peru with a RUC that takes card and QR wallet payments in soles, mainly at the counter on a POS terminal, with online rows where both publish something. Figures come from each company's own website, terms and contracts, read on 13 November 2026. Niubiz (Compañía Peruana de Medios de Pago S.A.C., the former VisaNet Perú) is Peru's largest card acquirer and signs merchants itself. It is owned by Peruvian banks: BBVA Perú reports a 20.20% stake. Culqi is a Credicorp company that now presents itself as part of Banco de Crédito del Perú (BCP), and BCP signs its merchant contracts. Niubiz is not on the list of Credicorp group companies that Culqi publishes, so it is not a Credicorp subsidiary, but we found no public figure for any minority stake BCP may hold in it. Culqi publishes a flat price: 3.44% on Peruvian cards and wallets at the POS, 3.99% on foreign cards, and 3.44% + US$0.20 online, which it says is not subject to IGV. Niubiz agrees each merchant's rate at sign-up. Its site states no current price, although its April–June 2026 promotion terms quoted a 3.45% 'tasa pizarra' (list rate) on credit and debit, with no IGV basis given. Both publish the central-bank rate table that Peru requires. Culqi's 'Otros' (other businesses) averages are lower than Niubiz's, but the two tables split out different sectors and Niubiz's is undated, so they are not a like-for-like price comparison. Terminals differ most. Culqi sells its keyless CulqiFull outright for S/219 or less to a company (S/125 to S/199 with a BCP account, depending on which of its own November price lists you read) with no monthly fee. Niubiz rents its POS at S/63.50 + IGV a month for a terminal averaging up to S/5,000 a month in sales, falling to S/1 above S/10,500, or sells one for S/559 including IGV. Culqi advertises same-day POS payouts for sales made by 4 p.m. at selected banks. Niubiz pays the next business day into BCP, BBVA and Scotiabank accounts and in two days at other banks. Both pay out to your own bank account, and both contracts allow longer.

Key Takeaways

• ✓It depends on your size. Culqi is the simpler, published-price option for a small shop: 3.44% on Peruvian cards and wallets at the POS, no monthly fee and a terminal you buy outright. Niubiz agrees your rate when you join, which suits larger merchants who can negotiate below its averages.
• ✓Culqi is cheaper to equip. A company pays S/219 or less for its keyless CulqiFull (S/125 to S/199 with a BCP account), and there is no rental. Niubiz rents its POS at S/63.50 + IGV a month at low volumes (S/33 from S/5,000 a month per terminal, S/1 above S/10,500), or sells it for S/559 including IGV.
• ✓Culqi's 'Otros' segment averages in the central-bank rate tables are lower than Niubiz's on credit (2.70% against 2.98%), debit (2.37% against 2.58%) and foreign cards (3.58% against 3.88%). The two 'Otros' segments cover different businesses and Niubiz's table is undated, and averages reflect each company's merchant mix, so neither is a price you will be offered.
• ✓Payouts go to your own bank account with both. Culqi advertises same-day POS payouts for sales by 4 p.m. at selected banks, and weekends for a fee into BCP. Niubiz pays the next business day into BCP, BBVA or Scotiabank and in two business days elsewhere.
• ✓Niubiz has more extras at the counter: dynamic currency conversion, bank instalments, points redemption and Powerpay buy-now-pay-later on the POS, plus UnionPay in its online gateway. Both offer Shopify, WooCommerce, Magento and VTEX plug-ins.