Transbank
Transbank is Chile's leading electronic payment solutions operator, processing ~8 million daily transactions for 200,000+ merchants via Webpay (online), Onepay (wallet), Redcompra (debit), and POS terminals. It is bank-consortium owned and CMF-regulated.
- Company typePrivate
- Founded1989
- HeadquartersSantiago, Chile
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
What Transbank does
Transbank S.A. is Chile's leading electronic payment solutions operator, founded in 1989 as a bank consortium entity (Sociedad Interbancaria Administradora de Tarjetas de Crédito) and regulated by the CMF as an Operadora de Tarjeta de Pago and banking support society. It processes approximately 8 million daily transactions across a network of over 200,000 affiliated merchants — spanning SMBs, large enterprises, e-commerce players, and connected Fintechs — and serves as the country's principal acquirer for Visa, Mastercard, and American Express under direct licenses obtained in 2020. The product portfolio spans in-person payment infrastructure (Smart POS, Mobile POS, Pocket POS, POS Fijo, Cobro QR, and self-service terminals), online payment gateway solutions under the Webpay sub-brand (Webpay Plus, Oneclick, PatPass, Link de Pago), the Onepay digital wallet (2M+ users), and the Redcompra debit payment network brand. Two state-of-the-art data centers in Liray, Colina provide business continuity infrastructure supporting these services.
Transbank firmographics
Firmographics- Name
- Transbank
- Legal name
- Transbank S.A.
- Website
- https://publico.transbank.cl
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Transbank is Chile's leading electronic payment solutions operator, processing ~8 million daily transactions for 200,000+ merchants via Webpay (online), Onepay (wallet), Redcompra (debit), and POS terminals. It is bank-consortium owned and CMF-regulated.
- Ownership category
- akta.pro rank
Transbank industry classification
Industry- Product category
- Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Merchant Acquiring Banks & ISO/MSP Acquirers (FSAMABAB)
- akta.pro secondary industries
- Merchant Acquiring & Processing Platforms (BPAMAFAB), Merchant Acquiring & Card Processing (PSPs) (CRAFALAB), Marketplace / Platform Acquiring (PayFac & Sub-Merchant Management) (FSAMABAF)
Keywords
Where Transbank is headquartered
LocationHeadquarters
- HQ city
- Santiago
- HQ country
- Chile
- HQ region
- Latin America
Offices2 records
Markets served
Transbank business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Personnel, Infrastructure, Supply Chain, Marketing or Sales
Revenue model
- Acquirer Commission (Margen Adquirente): Transbank charges a fixed acquiring margin per transaction, implemented since August 2022 following Supreme Court ruling. The margin is objective and equal for all affiliated merchants.
- POS Equipment Rental and Sales: Revenue from renting Smart POS devices and selling Mobile POS equipment to merchants
- Integration Services: Fees charged for web payment integration services, including one-time integration fees for Webpay Plus
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-based commission model |
| Subscription | Monthly | Smart POS rental |
| Unit Pricing | Pay-as-you-go | Mobile POS purchase |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels5 records
Transbank product offering
Product offeringCore offering
Transbank S.A. operates Chile's largest electronic payment acquiring network, providing merchants with point-of-sale terminals, online payment gateways, QR-based acceptance, and a consumer digital wallet. The company processes card transactions (debit, credit, prepaid) for more than 200,000 merchants and serves consumer payments through the Onepay digital wallet with over 2 million users. Revenue is generated primarily through per-transaction acquiring commissions, equipment rental and sales, and integration services.
Product overview
Transbank operates as Chile's leading electronic payment solutions provider with a comprehensive ecosystem of payment products organized across two main sub-brands: Redcompra (debit payments) and Webpay (online payments specialist). The product portfolio spans physical point-of-sale terminals including Smart POS (rental), Mobile POS (sale), Pocket POS, POS Fijo, and Cobro QR for in-person payments; and online payment solutions including Webpay Plus, Webpay Oneclick, Webpay PatPass, and Link de Pago Webpay.cl for e-commerce. The ecosystem also includes Onepay digital wallet with over 2 million users, bundled packages (Pack Emprende, Pack Smart POS + Link de Pago) for small businesses, and self-service solutions (Autoservicio Estandar, Vending, Pulso). The company processes approximately 8 million daily transactions across a network of more than 200,000 merchants, supported by near 700 employees. Integration with external platforms includes Shopify, VTEX e-commerce platforms, Pluxee promotional app, and developer tools via Transbank Developers portal.
Differentiator
Problem solved
Functional benefit
Brands
- Webpay: Online payment solutions specialist for web transactions with cards and digital wallets, containing various payment methods including Webpay Plus, Webpay OneClick, Webpay.cl, Webpay PatPass, and Webpay Transacción Completa.
- Onepay
- Redcompra
Products and services
- Smart POS Wireless touchscreen POS terminal with 4G chip (2 included) and WiFi connectivity, accepting debit, credit, and prepaid cards. Offered to merchants under an equipment rental model with monthly fee.
- Mobile POS Compact mobile payment device sold to merchants, connecting via Bluetooth to cellular devices without a physical voucher. Designed for businesses needing to operate anywhere.
- Pocket POS Compact, portable POS device for small merchants requiring mobility in their sales operations.
- POS Fijo Fixed POS terminal connected via cellular or ethernet cable to central checkout. Requires continuous power supply, positioned within 2 meters of cash register.
- Cobro QR QR code-based payment solution allowing merchants to receive payments via mobile phone. Available for iOS and Android with WiFi or cellular connectivity.
- Link de Pago Webpay.cl Payment link solution enabling merchants to receive card payments via email or social networks without requiring a website. Accepts credit, debit, and prepaid cards.
- Webpay Plus Electronic payment solution for websites enabling purchases with credit cards (including installments), Redcompra debit, and prepaid cards with full security authentication through bank keys.
- Webpay Oneclick Fast transaction solution for registered customers, entering card data once on the merchant site without re-completing information for each subsequent transaction.
- Webpay PatPass Automatic recurring payment solution using cards for subscription-based services and regular bill payments.
- Onepay Digital wallet application by Transbank allowing payments via smartphone for Webpay transactions. Stores multiple cards, eliminates the need for coordinate cards, uses 5-digit PIN authentication. Supports over 2 million users.
- POS Virtual Virtual POS solution for travel agencies enabling online payment processing for bookings and reservations.
- Autoservicio Estandar Self-service payment terminal solution for unattended retail environments such as stores and service areas.
- Autoservicio Vending Self-service payment solution designed for vending machines and automated retail kiosks.
- Autoservicio Pulso Self-service payment solution for pulse-based or metered service environments.
- Transbank Developers Developer portal providing API documentation, SDKs in multiple programming languages, plugins, and technical support for integrating Transbank payment solutions (Webpay Plus, Oneclick, PatPass, Transaccion Completa) into merchant websites and applications.
Quantifiable outcome
- Fast deposits: 24 hours for debit/prepaid, 48 hours for credit
- +1 more outcomes
Companies that use Transbank
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
Transbank technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability5 records
Feature6 records
Transbank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- EverteccoreStrategic agreement with Evertec to operate Transbank's transactional scope along with selected platforms and services. This partnership provides access to state-of-the-art technology and represents a key milestone in Transbank's digital transformation roadmap.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
Transbank competitors and assessment
Company assessmentDirect peers
- Cielo: One of Brazil's largest acquirers, processing card payments for millions of merchants with POS, e-commerce, and digital wallet offerings. Closely comparable to Transbank in scale, product ecosystem (POS, online, QR), and Latin American acquiring model.
- Rede (Brasil): Brazil's largest merchant acquirer and card processor, operating as an independent network with Visa/Mastercard/Elo affiliations. Directly comparable to Transbank as a national champion acquirer in a large Latin American market with similar product breadth across POS, e-commerce, and QR.
- PagSeguro/PagBank: Brazilian payment processor offering POS, online gateway, and digital wallet services to SMBs. Directly comparable to Transbank's product set (POS terminals, online gateway, mobile wallet) and SMB-focused merchant acquisition.
- Niubiz: Peru's leading acquirer (formerly Visanet Peru), owned by the major Peruvian banks consortium. Very close structural analog to Transbank — bank-owned national acquirer operating a card network under local banking regulation.
- StoneCo: Brazilian acquirer and banking platform serving SMBs with POS terminals, online payments, and banking-as-a-service. Comparable to Transbank's SMB-focused strategy, POS-rental model, and end-to-end merchant stack in a Latin American market.
Broad incumbents
- Worldline: European-headquartered global payment processor with merchant acquiring, POS, and digital services. Comparable to Transbank's full-stack acquiring and POS business; relevant peer for the Evertec-style transformation trajectory.
- Global Payments: Large global payment processor and merchant acquirer with operations across the Americas. Comparable to Transbank at the acquiring/processing infrastructure level, particularly for large enterprise and cross-border merchants in Latin America.
- MercadoPago: Latin America's largest digital wallet and online/offline payment processor, embedded within Mercado Libre's commerce ecosystem. Comparable to Transbank's Onepay wallet and Webpay online gateway, with much broader geographic reach and consumer-side origination.
Emerging players
- Kushki: Latin American payment processor focused on online checkout, alternative payment methods, and cross-border payments across multiple Andean and Central American markets. Comparable to Transbank's Webpay online gateway but with a stronger cross-border orientation.
Others
- Evertec: Puerto Rico-based payment processing and technology provider with broad Latin American footprint. Transbank's strategic partner (May 2026) and the most directly comparable technology/processing platform in the region — useful peer for benchmarking the future-state of Transbank's stack.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Transbank social profiles
Digital presenceTransbank compliance and trust
Trust signalCompliance5 records
Transbank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Transbank leadership team
Management profileNumber of profiles
Profiles18 records
Transbank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Transbank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Transbank
What does Transbank do?
Transbank S.A. operates Chile's largest electronic payment acquiring network, providing merchants with point-of-sale terminals, online payment gateways, QR-based acceptance, and a consumer digital wallet. The company processes card transactions (debit, credit, prepaid) for more than 200,000 merchants and serves consumer payments through the Onepay digital wallet with over 2 million users. Revenue is generated primarily through per-transaction acquiring commissions, equipment rental and sales, and integration services.
Is Transbank a public or private company?
Transbank is a private company. It is classified as corporate owned and is currently operating.
When was Transbank founded?
Transbank was founded in 1989. It employs 501 to 1,000 people.
Where is Transbank based?
Transbank is headquartered in Santiago, Chile, in the Latin America region.
How does Transbank make money?
Three revenue lines are on record. Acquirer Commission (Margen Adquirente) is the primary driver. The others are POS Equipment Rental and Sales and integration Services.
Who are Transbank's main competitors?
Direct peers on record are Cielo, Rede (Brasil), PagSeguro/PagBank, Niubiz and StoneCo. Broad incumbents are Worldline, Global Payments and MercadoPago. Kushki is listed as an emerging player. Evertec is listed as an others.
Does Transbank have an API?
Yes. Transbank Developers portal provides APIs for payment integration including Webpay Plus, Oneclick, PatPass, Transaccion Completa, and other payment solutions. The portal offers SDKs in multiple languages, documentation, plugins, and developer support through Slack community. Developer documentation is at www.transbankdevelopers.cl.
What industry is Transbank in?
Transbank's product category is Payment Processing. Its primary akta.pro industry code is FSAMABAB, Merchant Acquiring Banks & ISO/MSP Acquirers, with a secondary code of BPAMAFAB, Merchant Acquiring & Processing Platforms. Its NAICS code is 52232 and its SIC code is 6199.