Chile
The Best Payment Gateways and Methods in Chile For E-commerce 2025
Population of the country
Bank population
Internet penetration
Best Payment Gateways in Chile
We have rated the top payment gateway services in the region based on their reliability, a variety of transfer options, transparent pricing, and support for local and cross-border payments. Whether your focus is on online shopping or payment processing, these platforms ensure a seamless payment experience for merchants and customers alike.
What Is a Payment Gateway and How to Choose One in Chile
A Payment gateway is a payment system that authorizes and securely transmits the transaction information between a merchant, a customer, and a bank. It helps companies in the region to get payments online and offline, offering dozens of payment solutions including cards, bank transactions or mobile payment solutions. The gateway provides a high level of security in online transactions for its customers, enhancing trust between merchants and clients to deliver a great payment experience.
When selecting a local gateway, consider these core factors:
1. Supported Methods of Payment
The top payment gateway providers will offer you a wide range of payment features. These can be both local (Webpay, Redcompra, Servipag and Mercado Pago balance) and cross-border payment solutions. Ensure that your payment platform can support a variety of payment solutions applicable to the target market you are trying to reach.
2. Local and International Reach
A suitable payment provider should be able to handle cross-border payments and handle conversion charges. Most regional platforms also integrate worldwide payment solutions, allowing you to sell digital as well as physical goods and services abroad and receive money in Chilean pesos.
3. Transaction Costs and Pricing Models
Check the percentage of the transaction value charged as transaction charges. Pricing can be different for online sales, transfers from clients overseas, or large online purchases. Compare the fee structures to see which is the most relevant payment and what setup suits your business model best.
4. Security and Fraud Prevention
Security is vital. Seek providers that have fraud prevention tools and strong security standards such as encryption, tokenization and PCI DSS compliance. This provides security when making transactions and establishes trust with local clients.
5. Integration and User Experience
A good gateway works well with your site or app, providing a fast payment process and ensuring the payment experience is seamless for the customers. Tools may include hosted payment pages, APIs, and plug-ins for e-commerce platforms to ensure easy onboarding even without technical skills.
6. Industry Fit
Specific sectors, such as e-commerce, B2B, digital payment for mobile devices or niche markets like gaming may necessitate custom features. A comprehensive payment provider should meet the expectations of different industries while offering diverse types of payment flows.
Rebill
Rebill is a payment platform for regional and Latin American companies in SaaS, EdTech, HealthTech and online commerce. It offers smart transaction process which helps in boosting conversion by 35% and higher approval rates, up to 20% above the global average. The platform also recovers about 71% of declined payments automatically using its smart collections logic. PCI DSS Level 1 compliance guarantees the highest global security standards for all transactions.
| Feature | Description |
|---|---|
| Requirements | Business registration, merchant account |
| Available Payments | Cards, bank transactions, cash, installments |
| Available in | Argentina, Argentina, Mexico, Colombia, Peru |
| Supported Currencies | USD, CLP, ARS, MXN, COP, PEN |
| RequirementsBusiness registration, merchant account | |
| Available PaymentsCards, bank transactions, cash, installments | |
| Available inArgentina, Argentina, Mexico, Colombia, Peru | |
| Supported CurrenciesUSD, CLP, ARS, MXN, COP, PEN |
Pros
- Proven conversion rate uplift
- High payment recovery percentage
- Enterprise-grade security
Cons
- May be excessive for small merchants
- Requires setup for advanced rules
Webpay Plus
Transbank’s Webpay is the most popular payment service in the region. It enables merchants to receive payments both online and in-store with strong coverage around the country. The platform supports cards and digital payment means, becoming an essential service for e-commerce and physical retailers.
| Feature | Description |
|---|---|
| Requirements | Business registration in Chile |
| Available Payments | Cards (Visa, Mastercard), prepaid, Onepay, digital wallets |
| Available in | Chile |
| Supported Currencies | CLP |
| RequirementsBusiness registration in Chile | |
| Available PaymentsCards (Visa, Mastercard), prepaid, Onepay, digital wallets | |
| Available inChile | |
| Supported CurrenciesCLP |
Pros
- Broadest adoption among providers in the region
- Strong brand trust with local shoppers
- Robust security standards
Cons
- Less flexible for international expansion compared to global providers
Mercado Pago
This service, part of MercadoLibre, is one of the most used payment gateway providers across LATAM. This is a powerful solution for online businesses that sell on marketplaces, social media and independent e-commerce stores. It is known for its mobile payment capabilities, simple onboarding, support for different payment scenarios, and flexible installment plans.
| Feature | Description |
|---|---|
| Requirements | M-Pago account linked to an account in the bank |
| Available Payments | Cards, bank transactions, Mercado Pago balance |
| Available in | Most of Latin America, including services in the region |
| Supported Currencies | CLP, multiple Latin American money units |
| RequirementsM-Pago account linked to an account in the bank | |
| Available PaymentsCards, bank transactions, Mercado Pago balance | |
| Available inMost of Latin America, including services in the region | |
| Supported CurrenciesCLP, multiple Latin American money units |
Pros
- Well-known brand with high trust across Latin America
- Flexible checkout and several methods of payment
- Easy to use for small and large merchants
Cons
- Transaction charges can be higher for low-volume merchants
Payku
Payku is a Chile-based payment fintech which provides merchants with a modern payment processing platform to get payments online or in physical stores. It focuses mainly on regional payment methods and offers secure online collection tools across numerous sales channels.
| Feature | Description |
|---|---|
| Requirements | Business registration in Chile and bank accounts with local institutions |
| Available Payments | Debit cards (Redcompra, Visa, MasterCard), credit cards (Mastercard, Visa, American Express, Magna, Diners), bank transactions, cash |
| Available in | Chile |
| Supported Currencies | CLP |
| RequirementsBusiness registration in Chile and bank accounts with local institutions | |
| Available PaymentsDebit cards (Redcompra, Visa, MasterCard), credit cards (Mastercard, Visa, American Express, Magna, Diners), bank transactions, cash | |
| Available inChile | |
| Supported CurrenciesCLP |
Pros
- Strong presence in the industry in Chile
- Offers several payment methods to match local demand
- Competitive transaction fees
Cons
- Primarily focused on the Chilean market, less suitable for process cross-border payments
PayU
PayU operates in many countries through Latina America, including Chile, offering a payment solution for the merchants who need to process worldwide payments. It provides local and global solutions which makes it a flexible payment provider for companies working online.
| Feature | Description |
|---|---|
| Requirements | Valid merchant account and compliance with payment system standards |
| Available Payments | Credit/debit cards, bank transactions, cash payments |
| Available in | Multiple LATAM countries including Chile |
| Supported Currencies | CLP and other major currencies |
| RequirementsValid merchant account and compliance with payment system standards | |
| Available PaymentsCredit/debit cards, bank transactions, cash payments | |
| Available inMultiple LATAM countries including Chile | |
| Supported CurrenciesCLP and other major currencies |
Pros
- Strong regional presence in providers in Chile and other LATAM markets
- Wide variety of payment methods
- Reliable infrastructure for card processing and high transaction volumes
Cons
- Transaction fees can vary by market and method
- Requires merchant onboarding before you can receive payments
PayPal
PayPal is a globally recognized payment platform that works in Chile for merchants needing to accept online and process cross-border payments. It’s widely used by Chilean shoppers making online purchases from foreign stores and is trusted for its robust security features and buyer protection.
| Feature | Description |
|---|---|
| Requirements | PayPal merchant account |
| Accepted Payment Methods | PayPal balance, linked credit, debit cards, bank transactions |
| Available in | Over 200 countries including Chile |
| Supported Currencies | CLP and multiple global currencies |
| RequirementsPayPal merchant account | |
| Accepted Payment MethodsPayPal balance, linked credit, debit cards, bank transactions | |
| Available inOver 200 countries including Chile | |
| Supported CurrenciesCLP and multiple global currencies |
Pros
- Strong brand trust and global payment experience for their customers
- Simple setup and seamless payment experience for buyers
- Effective for digital goods and international transactions
Cons
- Transaction fees higher than some local payment methods
- Payouts to bank accounts in Chile can take several days
FAQ
How does a payment gateway work?
A payment gateways link a merchant website or app to the financial institutions that process payments. Customers make an online payment, the gateway encrypts transaction data and forwards it to the acquiring bank that provides the result of authorization in real time. It offers multiple payment methods in Chile including credit and debit cards, bank transfers, and mobile money.
How long does an international payment from Chile take?
The time to receive payments from Chile to another country will vary depending on the method of payment selected. Card-based payment through an online payment gateway should clear in 1-3 business days, while bank transfers might take between 3-5 business days to clear. Some digital payment providers like Paypal or M-Pago process in nearly real-time but can add currency conversion fees.
Do I need a licence to do business in Chile?
Foreign or local ecommerce or financial services may be required to register with the Chilean tax authorities (SII). Most online companies do not require a banking license, however, payment service providers who handle funds have to comply with de Chile financial regulations and security measures.
What are your industry-specific merchant accounts?
Chilean merchant accounts are customizable to cater for different sectors (e.g. digital goods, goods and services, subscription plans). Payment gateway providers usually offer flexible features including fraud prevention measures, recurring card payments or BNPL options to fit the payment experience for their customers.
What is The Best Payment Gateway in Chile?
The best payment gateway Chile depends upon the business model, payment options, and customer base. To extend regional outreach, a lot of online stores choose Webpay Plus as it works well with several payment methods which include bank cards along with Redcompra. PayPal or PayU are good for global payments. Mercado Pago is also a good solution for local as well as regional markets.
