| Founded | 2015 |
|---|---|
| Closed | 2020 |
| Country | Chile |
| Sector | Fintech |
| Collapse type | Acqui-hire |
PagosWeb
"Chilean payment gateway for SMEs — absorbed by Transbank's digital pivot"
Key Events Timeline
PagosWeb built a merchant payment gateway specifically for Chilean SMEs, offering simpler onboarding and lower transaction fees than Transbank, which had dominated Chilean card payments since 1989 through a quasi-monopoly arrangement.
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