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Sencillito

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Sencillito is a common payment method used in Chile. It was created in 2010 by Transbank, which is the main payment processing company in Chile. Sencillito allows consumers to […]

Certified payment providers 2
Market coverage 1
  • Chile
Currencies 1
  • Chile Peso
Description

Sencillito is a common payment method used in Chile. It was created in 2010 by Transbank, which is the main payment processing company in Chile. Sencillito allows consumers to pay for products and services online or in-store using their credit or debit card.

To use Sencillito, consumers can simply select this payment option when placing an online order or when in a physical store. They will then be redirected to a payment form where they can enter their card information and validate the transaction.

One of the main features of Sencillito is its ease of use and fast processing time. It also allows merchants to accept payments without having to handle cash, which can be more convenient and secure for them.

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Frequently Asked Questions

What are the best practices for managing cross-border payments?2023-04-18T18:56:57+02:00

NORBr is a payment orchestrator that connects you to all cross-border payment services providers that can help you manage your cross-border payments efficiently and securely, while also ensuring compliance with relevant regulations. NORBr offers advanced features like fraud detection, currency conversion, and real-time tracking and reporting, which can help you optimize your payment processing for cost efficiency and speed.

What are the risks associated with cross-border payments?2023-04-18T18:57:21+02:00

Cross-border payments can be associated with several risks for you, including currency fluctuation risk, regulatory risk, and fraud risk. Currency fluctuation risk refers to the potential impact of exchange rate fluctuations on the value of your payments. Regulatory risk relates to the complexity of complying with different regulations in different countries. Fraud risk refers to the potential for fraudulent activity, which can be more difficult to detect and prevent in cross-border transactions.

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