Payment methods in Chile: what do Chilean consumers use and how to adapt in 2025?

In recent years, traditional payment systems in Latin America have undergone a significant evolution, driven by the introduction of new technologies in the region. In Chile, this change has resulted in a greater diversity of payment methods. 

This transformation in payment options responds to the growth of e-commerce, becoming a key factor for the functioning of the Chilean economy. According to the Central Bank of Chile, the modernization of payment systems has been essential to adapt to the new needs of the digital market. 

Stick around to find out which payment formats will be the most popular in Chile in 2025 and how Rebill can help you integrate them securely into your business. 

What are the most commonly used payment methods in Chile?

In Chile, consumers have several payment options for their transactions, both in physical and online stores. Among the most common types of payment methods are:

Tarjetas de débito

Debit cards are the most widely used payment method in the country, especially at points of sale and for digital payments. Their use is supported by high banking penetration and integration with systems such as WebPay Plus and QR payments in apps such as MACH or Fpay. 

The main service providers include: BancoEstado, Banco de Chile, Banco Falabella, BCI and Santander. 

Credit cards

Credit cards allow access to financing and installment payments, which is highly valued by Chilean consumers. This means of payment is widely used for online purchases in areas such as retail, travel and services. 

Although their use has been partially displaced by digital wallets, they are still present in larger purchases and bank promotions.

Major issuers include CMR Falabella, Banco de Chile and Banco Santander, as well as internationally recognized brands such as Mastercard and American Express, which offer additional benefits such as points programs and insurance.

Bank transfers

Although they are not the most widely used method, bank transfers, especially Immediate Electronic Transfers (IET), have gained ground due to their security and speed. This system allows direct payments to be made from the customer's bank account without the need to share card details. 

This online payment method has established itself in e-commerce thanks to its integration with payment platforms such as WebPay Plus, Flow, Fintoc and Khipu, which facilitate this type of transaction and are preferred by those seeking to avoid intermediaries and reduce the risk of fraud.

Mobile payments and digital wallets

This form of payment is becoming increasingly popular due to the convenience it offers to the user and the adoption of contactless (NFC) payment technologies or payment links. 

Also known as wallets, they allow payments to be made in physical stores, apps and online platforms, turning mobile devices into true digital wallets.  

Prepaid cards

Prepaid cards and digital accounts, such as Mach, Dale!, Global66 and Tenpo, offer an affordable and attractive alternative for young people and those without a traditional bank account. These cards are pre-loaded with credit and can be used in both physical stores and e-commerce.

How do you know which is the ideal payment method for your business?

Selecting the right payment method is fundamental to improve your customers' experience and help your business grow. Some key points to take into account when making this decision are: 

• Know your customers and their spending habits: find out which payment methods are most used and preferred by your potential customers. Evaluate whether you need prepaid options for unbanked customers or those who operate in the informal market.
• Offer multiple payment options: choose a platform that offers different payment alternatives or use multiple payment services to improve the shopping experience for consumers and reduce the abandonment rate in the process. 
• Consider the user experience: select platforms that allow a fast, simple and intuitive payment process, with few steps and compatible with mobile devices, to minimize friction and improve customer satisfaction.
• Take into account the security of the system: choose payment gateways that have high security standards, such as authentication, protection of personal information, etc. To keep your customers' financial information safe. 
• Use mobile payment methods: options that allow payment by phone number or QR codes are increasingly valued for their speed and convenience, especially in physical stores. 
• Prioritize technical compatibilityMake sure that the payment gateway easily integrated with your technology infrastructure. For example, Rebill offers three integration alternatives adaptable to any business:‍
  
  • World Class API for developers looking for maximum customization.‍
    
  • SDK with pre-built components to speed up implementation with only 5 lines of code you can create a customized checkout tailored to your brand.‍
  • Via no-code, thanks to our native Make module that allows you to connect Rebill to any other application or software without code.

Moreover, its complete integration takes less than an hour.

Why choose Rebill to manage your payments in Chile?

Rebill is positioned as the best option for managing payments in Chile thanks to its specialized focus on digital businesses and companies looking to scale in Latin America. Its infrastructure combines advanced technology, flexibility and local support, which facilitates expansion and improves the experience for both merchants and customers.

Other advantages of using Rebill

• Transparent and competitive pricing: with clear and fair rates, Rebill includes subscription management at no additional cost, helping to reduce operational and development expenses.
• Local support and personalized attention: Rebill has a dedicated support team that accompanies companies at every stage, ensuring a smooth experience.
• Adaptation to regulations: complies with international certifications such as PCI DSS, guaranteeing data protection and regulatory compliance in the region.

Rebill is ideal for businesses looking for a robust, flexible and scalable solution that facilitates payment management in Chile and throughout Latin America.

Contact us and we will help you integrate the best payment methods to start charging as a local in Chile. Our team of experts will accompany you through every step of the process, from choosing the most suitable solution to implementation, ensuring that your business can grow without limits and safely.