Transbank

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.

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

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

• Payment processing
• Merchant acquiring
• POS terminals
• Online payment gateway
• Digital wallet services

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Operations, Personnel, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. 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.
2. POS Equipment Rental and Sales: Revenue from renting Smart POS devices and selling Mobile POS equipment to merchants
3. Integration Services: Fees charged for web payment integration services, including one-time integration fees for Webpay Plus

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core 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

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability5 records

Feature6 records

Partnerships

One partnership is on record.

• EverteccoreTechnology or Integration · 18 May 2026Strategic 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

Direct 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

• Facebookfacebook.com/Onepay.transbankcl
• Instagraminstagram.com/onepay.transbankcl
• Xx.com/Transbank

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Transbank