Market guide · Latin America
Selling in Chile
Chile has high card use, much of it debit through the domestic Redcompra brand. Shoppers are used to splitting purchases into card instalments.
| Currency | Chilean peso (CLP) |
|---|---|
| Languages | Spanish |
| Region | Latin America |
| Local acquiring | Available |
| Settlement | T+2 |
| Payout rail | TEF · Seconds |
| Import consumption tax | VAT (IVA) · 19 % |
Popular payment methods
Share of online payments by method. Illustrative figures.
| Visa, Mastercard, Amex | 62 % (62% of online payments) |
|---|---|
| Mercado Pago | 22 % (22% of online payments) |
| PayPal | 4 % (4% of online payments) |
How to launch in Chile
- 1Open a sandbox accountTest every flow for Chile with test cards and methods before you sign anything.
- 2Turn on local methodsStart with Mercado Pago, PayPal.
- 3Process domesticallyDomestic processing in Chile avoids cross-border fees and lifts approval rates.
- 4Settle in CLPHold CLP and convert when you choose, or pay out locally.
- 5Show duty-inclusive pricesQuote VAT (IVA) and duties at checkout so nothing is due on delivery.
- 6Go liveVerify your business, switch your keys and watch the first orders arrive.
Duties and import tax
VAT (IVA) at 19 % applies to most imported goods.
Thresholds: VAT collected at sale on low-value goods sold by foreign platforms
Regulatory notes
- Foreign sellers of low-value goods to Chilean consumers may need to register and collect VAT.
- Consumer law gives shoppers clear rights on delivery dates and returns.
Placeholder notes for the prototype, not legal advice.
Customer story nearby
Basalt Marketplace
Marketplaces
T+1
seller payouts on local rails · Illustrative
Sellers in Brazil and Mexico get paid in their own currency the next day. Onboarding takes minutes.
Lucas Ferreira, Co-founder & CTO Read the story: Basalt Marketplace
Launch in Chile
Try the Chile flow in the sandbox, or talk to us about your rollout.