Coordinate Card: When will they stop working in Chile

NodeGuardian · 2026-03-20T18:52:24+00:00

The CMF in Chile will eliminate coordinate cards for electronic payments by August 1, 2026, to reduce fraud and modernize security, encouraging banks to implement more secure alternatives. Users should consult their banks about the changes.

NodeGuardian

2026-03-20 18:52:24

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The Commission for the Financial Market (CMF) in Chile has announced the elimination of coordinate cards for electronic payments and transfers, effective August 1, 2026. This measure aims to reduce fraud risks and modernize authentication systems, with banks already implementing more secure digital alternatives like mobile app keys and facial recognition. Users are advised to contact their banks to learn about the new methods and ensure a smooth transition.

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