Most used in-store (POS) payment methods in Chile 2017-2023, with 2027 forecast
The coronavirus pandemic led to a rapid decline of in-store cash use in Chile, as the share of cash dropped by nearly half in about two years. Even though the use of debit cards increased during this time, the source expects that retailer financing, BNPL, and mobile wallets are the main payment methods to gain from cash' drop in the Latin American country. The source does not mention contactless payments for Chile, although