Chile has the highest per capita e-commerce transaction rates in the whole of Latin America, valued at 4.5 billion dollars.
Chile is a highly digital country and internet penetration continues to rise: 85% of the population has access to the internet.
In Chile the biggest service for payments is Webpay. Like the name suggests, it offers an online portal for card payments (credit & debit) as 85% of payment transactions in Chile are initiated by cards.
Access to banking
Chile has a high level of banking services use: 74%. The country has more than 14 million e-banking customers.