Latin America · GDP rank #42
Chile
CL · CLP @ 0.0010/USD
A high-banked, card-mature OECD economy where the long-running Transbank acquiring monopoly has been pulled into a four-party model by Ley 21.365 and successive TDLC resolutions. Interchange caps set by the statutory Comité para la Fijación de Límites are now binding (debit 0.30%, credit 0.80%, prepaid 0.50%); the Comisión para el Mercado Financiero (CMF) is licensing the first wave of fintechs under the 2023 Ley Fintec. Cuenta RUT (BancoEstado) gives Chile near-universal account coverage; MACH (BCI) and Mercado Pago lead the wallet race. There is no domestic instant rail at Pix or UPI scale.
Tab 02
Consumer payments
How consumers actually pay: the share of cash, the stock and flow of cards, the scheme split at checkout, which mobile wallets matter, and how broadly POS acceptance reaches.
Every figure is authored against a named publisher — click the ⓘ anywhere to open the source panel with the underlying URL and access date.
Cash share of POS volume
% · 2024
Debit card share
% · 2024
Credit card share
% · 2024
Mobile wallet share
% · 2024
Payment mix
At the point of sale
The shares below are POS volume (count of transactions), which reads differently from POS value. For the value-share read, see the card-economy grid underneath.
Share of POS
- Cash31%
- Credit card19%
- Debit card41%
- Instant / A2A5%
- Mobile wallet22%
- BNPL3%
- Other1%
Cash behaviour
- ATM network
- 8,420
- Avg. ATM withdrawal
- CLP 71,300
- Cash share · value
- 14%
- Cash share · volume
- 31%
Source · Redbanc
Scheme share
Which networks clear the card volume
Scheme share is the split of general-purpose card purchase volume — not issuance, not count of cards. A high domestic share (e.g. UnionPay, RuPay, ELO) means a large share of card flow never touches a global scheme.
Redcompra is a closed-loop debit mark historically operated by Redbanc; most Chilean debit cards now co-badge with Visa/Mastercard.
Share of card volume
- Visa58%
- Mastercard33%
- Amex5%
- Other1%
- Domestic Scheme3%
Debit card transactions
transactions/year · 2024
Debit card spend
CLP annual · 2024
Credit card transactions
transactions/year · 2024
Credit card spend
CLP annual · 2024
Average debit ticket size
CLP · 2024
Average credit ticket size
CLP · 2024
Mobile wallets
Where wallets actually land
User counts are the best single scalar for wallet reach, but they understate usage intensity in markets where one super-app carries multi-digit trillions of renminbi or rupees. For flow, see the rails tab.
Active users
- MACH (BCI)5.1M
Q1 2026
- Mercado Pago Chile4.3M
Q4 2025
- Tenpo3.0M
Q4 2025
- Apple Pay2.4M
2024
- Google Pay3.1M
2024
Notable wallets
MACH (BCI)
BCI converted MACH from prepaid wallet to full Compañía de Pagos y Servicios Financieros (MACHBANK) in 2023; debit card and credit lines layered on top of the…
BCI / MACH
Mercado Pago Chile
MercadoLibre
Tenpo
Credicorp-backed (Banco de Crédito del Perú parent); prepaid + Mastercard-issued debit; targeting full IFPE-equivalent licensing under Ley Fintec.
Tenpo / Credicorp
Apple Pay
Counterpoint Research
Google Pay
Counterpoint Research
Full reference