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Learn moreJan 2021
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September 2020 was the month that Chile’s long-awaited Financial Portability finally came into effect. The Financial Portability Law allows private citizens, microenterprises and small and medium-sized businesses to move their financial products and services between financial institutions any number of times.
Recent years have seen credit card usage in Chile all over the place in terms of cardholders reacting to changes in the wider economic context. While consumers have increasingly preferred to limit their spending on credit, the strong promotional offers of credit card operators and issuing retailers, 2020 saw a new factor thrown into the mix.
The CMR credit card, issued by leading retailer Falabella, became more popular during 2020. Among the attractions to these types of cards is that a CMR credit card account can be opened completely online in just a few minutes and this was a major driver of growth in the number of Falabella co-branded credit cards during the year.
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Discover the latest market trends and uncover sources of future market growth for the Credit Card Transactions industry in Chile with research from Euromonitor's team of in-country analysts.
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If you're in the Credit Card Transactions industry in Chile, our research will save you time and money while empowering you to make informed, profitable decisions.
The Credit Card Transactions in Chile market research report includes:
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Euromonitor’s industry reports, including Credit Card Transactions in Chile, originate from our database within our Consumer Finance market share and market size database
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.