Market Overview
Chile's burgeoning economy and open trade market should make it a first stop for expansion.
Download Country Payment Handbook-
Population: 19M *
Chile has experienced steady population growth over the years.
* Source: Worldbank, 2022
-
eCommerce: 34B *
Chile represents the highest per capita eCommerce annual spend of 814 USD, which impacts the $16 billion market size.
* Source: AMI, 2024
-
eShoppers: 11M *
63.8% of Chileans used eCommerce services, with reports forecasting an increase to 80.8% by 2028.
* Source: International Trade Administration, 2022 & Statista. 2024
-
Internet users: 91% *
The highest internet penetration rate in Latin America.
* Source: Datareportal, 2024.
Gain insight into Chile's most relevant payment methods
- 30% Credit Card (1 installment)
- 29% Debit Cards
- 18% e-Wallets
- 15% Bank Transfer
- 4% Credit Card (multiple installments)
- 2% Cash
- 2% Other
Most commonly used options
-
Mercado Pago
Wallets -
Servipag
Cash-based payments
-
Credit and debit cards
Play like a local by offering traditional payment methods.
-
-
Wallets
Learn moreTackle all audiences.
-
-
Cash-based payments
Learn more -
-
Bank Transfers
Learn moreCount on a wide variety of options to drive conversion.
-