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Vita Wallet

Vita Wallet is a digital payment solution based in Chile that allows users to send and receive international payments to over 50 countries. As of now, Vita Wallet has more than 80,000 registered users, showcasing its growing popularity in the fintech landscape. The platform offers competitive rates, with transactions often completed in less than 24 hours and the potential for users to save up to 70% on fees compared to traditional methods.

Method
Vita Wallet
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

Cost Savings: With the ability to save up to 70% on commissions, Vita Wallet offers a financially attractive option for users needing to send money internationally

Rapid Transactions: The platform's capability for quick transfers—often within 24 hours—addresses the demand for speed in financial transactions, particularly for urgent payments

Wide Accessibility: With services available in over 50 countries, Vita Wallet caters to a diverse user base, allowing individuals and businesses to manage their international payments efficiently