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Cognomen Payares (Payares , Palea ) , around the world, is a common surname. The family name Payares is characteristic of Latin America and the Caribbean, particularly Colombia, where it is quite a common surname, Venezuela, where it is quite a rare surname, and Panama. Measured by absolute frequency, the name is most common in Colombia, Venezuela, and Romania. Much less frequently, Payares is the forename as well as the last name.