Regulatory Compliance, Market Consolidation, and the Open Payments Imperative

Chile’s digital commerce market is evolving quickly, and that evolution has real implications for how you design your payments infrastructure. New Open Finance standards under the Comisión para el Mercado Financiero (CMF) Fintech Act are reshaping how financial data is shared, secured, and supervised. At the same time, digital wallets are being folded into regulated banks, fintech companies are securing full banking licenses, and the acquiring landscape is becoming more competitive and more structured. This isn’t just market noise. It changes how your checkout, routing logic, and credential strategy need to be built if you want to stay adaptable and compliant. This white paper gives you a clear framework for navigating Chile’s shifting payments ecosystem and making infrastructure decisions that protect flexibility, preserve negotiating leverage, and hold up as regulation and consolidation continue to reshape the market.