Market coverage 1
- Chile Peso
- United States Dollar
Transbank is a payment and transaction services company based in Chile. Founded in 1989, Transbank is the leading electronic payment processing company in Chile and plays a crucial role in the country’s financial system.
The Transbank payment method is widely used in Chile for electronic transactions, whether online or in-person. Transbank offers various payment services, including credit card payments, debit card payments, and electronic transfers.
To make a payment using Transbank, merchants need to have a payment terminal provided by Transbank. These terminals can be connected to computers, point-of-sale systems, or cash registers to facilitate transactions.
When you make a purchase using Transbank, you can use your credit or debit card. You will need to insert or swipe your card in the payment terminal and then follow the on-screen instructions to complete the transaction. The Transbank system will verify the card’s validity and request authorization from the card’s issuing bank. Once authorization is granted, the transaction is finalized, and a receipt is typically printed for the customer.
Transbank also offers online payment solutions for e-commerce businesses. These solutions enable businesses to securely receive online payments by integrating the Transbank platform into their website.