News from the Wire
Klap launches Visa, MC acquiring on BPC’s cloud
Wednesday, April 16, 2025 — 16:29:25 (UTC)
Santiago, Chile, April 2025 – Klap, one of Chile’s fastest-growing acquiring networks, has achieved a significant milestone by launching Visa and Mastercard acquiring services in partnership with BPC, a global leader in payment solutions. Leveraging BPC’s next-generation SmartVista platform in the cloud, Klap has completed a comprehensive modernisation of its processing infrastructure. Now operating fully under a SaaS model, Klap can process and manage large transaction volumes with total operational flexibility and security. The platform went live supporting both Visa and Mastercard, and is designed to scale to other international schemes such as Amex, UPI, and Maestro.
Rafael Osorio, Klap’s Chief Technology and Operations Officer, noted that “This go-live represents a major step in our platform strategy. Visa and Mastercard acquiring is now fully integrated into a modern, flexible architecture of BPC’s, which allows us to operate at scale and respond quickly to our merchants’ needs. It’s not just about volume; it’s about laying the groundwork for long-term innovation.”
Meanwhile, Santiago Egas, Senior Vice President, Managing Director and Board Member at BPC, stated that “The Klap team approached this transformation with precision and intent. They have evolved to adopt a future-oriented SaaS platform optimized for scalability, speed, and control. Through this transition, Klap is now one of the few players in the region fully equipped to lead in modern acquiring.”
By adopting BPC’s SmartVista cloud platform, Klap benefits from a scalable, high-performance solution designed to securely handle high transaction volumes and process any international schemes in its network. The platform’s flexibility allows Klap to configure products, launch new services more rapidly, and adapt its acquiring flows with greater agility. Likewise, the addition of SmartVista Merchant Management and Acquiring modules enables centralised product configuration, security, and reconciliation, giving Klap and its merchants enhanced visibility and operational efficiency.
This transformation arrives at a key moment, as Chile accelerates the implementation of Chile Digital 2035, a government initiative focused on reducing the digital divide, strengthening national digital infrastructure, and fostering inclusion through secure and accessible public and private services. Klap’s technological upgrade directly contributes to that mission, creating a more accessible transactional environment for merchants and consumers across the country. With Visa and Mastercard processing already in operation, the company is beginning to migrate merchants to the new, future-focused SmartVista platform, introducing real-time data analytics for merchants, configuring fees, enabling settlement cycles, deploying API-based services, and further optimizing its processes. This offers enhanced payment options and better user experiences for businesses throughout Chile.
About Klap
Klap is a leading acquiring company in Chile, specializing in connecting merchants with financial institutions and service providers to offer efficient and rapid payment solutions. Authorized by the Central Bank and overseen by the Financial Market Commission (CMF), Klap is a sector benchmark thanks to its secure infrastructure, cutting-edge technology, and innovative solutions. It currently processes more than 90 million transactions per month and is present in over 30,000 merchants nationwide.
The company provides payment solutions for both in-person and online sales. Its ecosystem allows businesses to accept debit, credit, and prepaid cards from the leading brands, in addition to digital wallets such as Google Pay, Apple Pay, and Click to Pay. Klap also offers value-added services related to acquiring, supporting merchant development, financial inclusion, and digitalization. For more information, visit www.klap.cl.
About BPC
BPC is a proven industry leader that is shaping the world of transactions with quick, safe and easy payment processing. With a focus on exceptional technology development and customer service, BPC helps financial institutions and businesses to deliver innovative and best-in-class proven solutions that fit with today’s consumer lifestyle when banking, shopping, or moving in both urban and rural areas. With more than 500 customers across 140 countries, BPC collaborates with all ecosystem players to deliver services for the digital world. Its core product SmartVista suite comprises cutting-edge banking, commerce, and mobility platforms that enable innovative solutions for digital banking, ATM and switching, payments processing, card, and fraud management, financial inclusion, merchant portals, transport, and smart cities. To find out more about how BPC can help businesses deliver a seamless payments processing experience to consumers, please visit www.bpcbt.com
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Source: Company press release. 
Categories: Partnership
