Payment for ecosystem services (PES) programs are proliferating globally but not always with significant impact. Unlike protected areas (PAs), PES compensate suppliers of ecoservices, increasing local acceptance. Yet, some worry that PES could reduce conservation in the long run, if the introduction of financial incentives “crowds out” or diminishes prior conservation behavior. We implemented a decision experiment with farmers in rural Colombia to study the effects of temporary PES. We find no crowding out if a PES is introduced then ended. Contributions after PES fall back to pre-PES levels, at worst, and if anything, they are higher. Comparisons to controls without PES strengthen these findings, which can inform policy design.