Chile eCommerce Market
Latin America’s highest eCommerce transactions per capita
Chileans are comfortable with online shopping and spend almost twice as eShoppers in Argentina and Brazil, paying up to 70% through the local payment methods.
Market Overview Chile
With a population of over 19M, Chile generates a GDP of 298M
Chile has the highest eCommerce transaction per capita in Latin America, with a ticket average of USD 222.
85% of the eCommerce purchases are domestic.
Extense internet penetration of over 92% and 1.5 M mobile shoppers
Chile’s eCommerce payment mix
Improve your payment acceptance by offering local payment methods in Chile.
Gain insight into Chile’s most relevant payment methods
Local payments, like Webpay and ServiPag, are essential to establish a full payment coverage in Chile.
ServiPag is the primary cash payment method, although cash is less relevant in this market.
Online Bank Transfers, Debit Cards & eWallets
Transbank, a conglomerate of local banks and owner of Webpay Plus, has the monopoly of online bank transfers. Hence, Webpay Plus has one of the highest adoption.
Credit and debit card dominate the payment mix. The performance increases significantly when using WebpayMore.