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Key Players in the Payment Industry in Chile

Key Players Table

| Player Name and Short Description | Detailed Profile | Relevant Context Information | Estimates of Volumes | Estimates of Revenue | | :--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | 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| VISA | Global payment technology company. Operates a card network facilitating electronic fund transfers throughout the world. Provides transaction processing services. | | 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| | Transbank | Transbank S.A. is a major player in the Chilean payment industry, primarily operating as a merchant acquirer and payment processor. It has historically been the dominant force in enabling businesses to accept card payments. Transbank facilitates transactions across various channels, including physical POS and online (Webpay). | Transbank has been the dominant card acquirer in Chile for years. The market has been undergoing changes with the entry of new players following regulatory changes aimed at increasing competition. Transbank's Webpay Plus is a widely used online payment gateway in Chile. | | Santander Chile | A major commercial bank in Chile, offering a range of financial products and services, including payment solutions. It is a key player in card issuing and has entered the merchant acquiring space with its Getnet brand. | Santander Chile is a major financial institution involved in various aspects of the payment ecosystem. Their launch of Getnet indicates a strategic focus on expanding their presence in merchant acquiring. Total customers grew by 6.4% YoY to 4.3 million in 2024. Digital customers grew by 5.9% to 2.2 million in 2024.

| Mastercard | Global payment technology company. Provides processing and network services for card payments. this work, along with the total number of pages including front matter (abstract, acknowledgements, contents, etc.).

Note: The table is ordered based on the highest available revenue figures (either total company revenue for banks or global revenue for card networks). It is important to note that this is not a direct comparison of revenue generated specifically from payment activities within Chile for all entities due to data limitations. Players are included based on their significant presence and influence in the Chilean payment market.

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