ChileMarket Overview
Chile's burgeoning economy and open trade market should make it a first stop for expansion.
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Population: 19M *
Chile has experienced steady population growth over the years.
* Source: Worldbank, 2022
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eCommerce: 34B *
Chile represents the highest per capita eCommerce annual spend of 814 USD, which impacts the $16 billion market size.
* Source: AMI, 2024
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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
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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
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Credit and debit cards
Play like a local by offering traditional payment methods.
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Visa
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Mastercard
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American Express
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Diners
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Magna
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CMR Falabella
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MACH
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Red Compra
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Lider
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Wallets
Tackle all audiences.
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MercadoPago
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Cash-based payments
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Sencillito
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Servipag
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Bank Transfers
Count on a wide variety of options to drive conversion.
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Scotiabank
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Itaú
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Santander
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BBVA
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Mercadopago
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Banco Falabella
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Khipu
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WebPay Red compra
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Transbank
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Regular Bank Transfers
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Meet better performance rates with local payment methods in Chile.
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