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Khipu

Country: Chile (CL)  |  Payment Rail: bank_network

OnlineBanking Market Adoption: 60%

Khipu is a leading instant online bank transfer payment processor in Chile, facilitating real-time interbank checkout transfers across all Chilean banks.

🔄 User Payment Flow

  1. Customer selects Khipu at checkout and chooses their Chilean bank (e.g. Banco de Chile, Santander, BCI)
  2. Checkout opens Khipu bank transfer interface
  3. Customer logs in with online banking credentials and confirms transfer
  4. Khipu validates instant transfer and redirects customer back to merchant

⚙️ Characteristics & Settlement

Instant PaymentYES
Supports QRNO
Supports RecurringNO
Supports RefundYES

🛠️ Merchant Integration Steps

  • Merchant API calls acquiring gateway for Khipu checkout session
  • PSP issues payment token and Khipu redirect URL
  • PSP receives Khipu bank clearing callback and updates merchant order status