While 63% of Chileans believe that cash is a more reliable payment method, digital wallets and bank transfers are being used more widely in now than in previous years. This is in large part due to high smartphone usage by over 25 million members of the population.
Population
Banked Population:
Main industries
Agriculture, Mining, Service, Finance, and Tourism
Main imports
Refined & Crude Petroleum, Broadcasting Equipment, Cars, and Delivery Trucks
Main exports
Copper Ore, Refined Copper, Fish Fillets, Sulfate Chemical Woodpulp, and Pitted Fruits
$16,265.1
Per capita (USD)
11.7%
Growth annually
41
World ranking
Total volume of digital payments projected to reach
$14.8B (USD)
Online
Online
Online
eWallet
eWallet
Online
Online
Online
Online
Online
Online
Online
Online
Online
Online
Online
Cash
Cash
Cash
Cash
Cash
Cash
Cash
