Banxa Integrates Khipu to Support Local Payments in Chile

31 March 2023

In South America, several historical Incan cultures used recording devices fashioned from knotted strings – called khipu – to document numerical and narrative information. Fast forward to the 21st century, and it’s a highly fitting moniker for Khipu, a popular payment method in Chile that allows users to make online payments without needing to use a credit card. Banxa is excited to share that we’ve integrated with Khipu to support crypto purchases in-country. 

Since launching in 2010, Khipu has provided payment services for merchants across Chile,  processing over 60 million transactions to date. More than 2,500 businesses and 2 million users process payments on Khipu on a monthly basis.

Key features of Khipu include:

  • Security: Khipu uses advanced encryption and security measures to ensure that all transactions are safe and secure
  • Convenience: Khipu allows users to make payments quickly and easily from their mobile devices or computers
  • Speed: Khipu processes payments in real-time so funds are immediately transferred to the recipient’s account

Chilean Khipu users can purchase crypto now – just head to Banxa Checkout or one of our trusted partners to get started. 

Want to learn more about integrating Banxa’s network of payment options into your own platform or project? Reach out to our Growth team here