Understanding Khipu: A Payment Method in Chile

What Is Khipu

Khipu is an online payment method in Chile, known for its simplicity and efficiency in facilitating transactions between customers and merchants. It operates as a bank redirect payment system, allowing users to make digital payments directly from their bank accounts in the local currency, Chilean Peso (CLP). Khipu offers a reliable solution for e-commerce transactions within Chile.

How Khipu Works

Khipu operates by redirecting users to their respective bank’s online portal to authorise payments. This method ensures a secure transaction process, as customers must log into their bank accounts to complete the payment. Khipu is widely used in online shopping, bill payments and other digital transactions, providing customers with a trusted alternative to credit card payments.

Features

• Bank Redirect: Easily integrate with major Chilean banks for swift payments.
• Security: Provides secure authentication through the customer’s bank.
• Local Currency Payments: Transactions conducted in Chilean Pesos (CLP).

Benefits

• User Trust: Leveraging the security of bank authentication builds trust with users.
• Reduced Fraud Risk: Direct bank payment reduces the risk of fraudulent transactions.
• Market Reach: Target a broad demographic within Chile by offering a familiar payment method.

Why Accept Khipu?

Accepting Khipu can substantially benefit your online business by tapping into a well-established payment network in Chile. With its secure and seamless transaction process, Khipu can help in increasing conversion rates and customer satisfaction. For businesses aiming to engage with Chilean consumers, offering Khipu at checkout can improve user experience by providing a trusted, localised payment option.

Here’s How to Get Started:

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Key Details for Accepting Khipu with Rapyd:

• Countries: Chile
• Payment Type: Bank Redirect
• Currencies: CLP
• This Payment Method is: Refundable, Disputable

Start Accepting Khipu Payments With Rapyd

Rapyd supports Visa, Mastercard and hundreds of local and alternative payment methods, including Khipu. With Rapyd, your business can accept credit card payments worldwide and offer alternative payment options tailored to local markets.

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