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Mach

Mach is a digital payment platforms offering users in Chile electronic financial services, including online transactions, local and international money transfers, and multicurrency support, catering to both individual and business needs.

Method
Mach
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
E-wallet
Local Card Scheme
Users
700K
Disbursements
No
No
Chargebacks
$25.00
Authorization currency
CLP
Authorization
speed
Instant
Recurring
No
No

Reasons for Popularity

Mach with 2.6M users offers accounts with zero maintenance fee and exclusive Bciplus benefits program

Multi-Currency Support: Mach e-wallet allows users to manage multiple currencies seamlessly, making it ideal for international transactions

Decentralized Identity (DID): Implementing DID technology allows users to control their personal information without relying on centralized data storage