Chile-country-report-PPRO
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Payment methods in Chile

Here are the top takeaways you need to know about the Chilean e-commerce market:

  • Chilean consumers buy 10% of all retail purchases, worth US$8 billion, from online merchants — up from just 6% in 2020.
  • The Chilean e-commerce market is growing rapidly. Valued at US$8 billion today, by 2027 it will be worth US$14 billion.
  • According to the most recent figures, online shoppers in Chile complete almost 40% of online purchases using a mobile device.
  • Chileans use alternative payment methods, something other than a card, in more than 40% of all online purchases.
  • Online shoppers in Chile buy almost a fifth of the goods and services they purchase online, worth US$1.6 billon, from merchants in other countries.
Population
Online Population
B2C E-commerce
Banked Population
Credit Card Population
E-commerce of Total Retail

Payment Method Breakdown

  • Card 59%
  • Cash 2%
  • Bank Transfer 15%
  • E-Wallet 18%
  • Other 6%
[{"label":"Card","value":"59"},{"label":"Cash","value":"2"},{"label":"Bank Transfer","value":"15"},{"label":"E-Wallet","value":"18"},{"label":"Other","value":"6"}]

Popular payment methods

MasterCard LOCAL Local payment card Consumer countries:

Card Scheme Breakdown

  • Visa 10%
  • Mastercard 19%
  • American Express 0%
  • Local schemes 70%
  • Other 0%
[{"label":"Visa","value":"10"},{"label":"Mastercard","value":"19"},{"label":"American Express","value":"0"},{"label":"Local schemes","value":"70"},{"label":"Other","value":"0"}]

Cross-Border E-Commerce

N/A

Online shoppers who have shopped cross-border

19

Cross-border proportion of total e-commerce

1.6 bn $US

Value of cross-border e-commerce

Top cross-border shopping origin markets