Mercado Pago

What is Mercado Pago?

Mercado Pago is a payments platform for merchants in Latin America that offers online checkout, in-person card readers and digital wallet accounts. Checkout Pro is offered in Argentina, Brazil, Chile, Colombia, Mexico, Peru and Uruguay.

Key features of Mercado Pago

• Checkout Pro: a hosted checkout for online stores.
• Point: a card reader that connects to iOS or Android devices.
• Local payment methods: Pix and boleto in Brazil, SPEI and OXXO in Mexico, Rapipago and Pago Facil in Argentina.
• Installments: local installment options such as Mexico's MSI.
• Developer tools: APIs and documentation for custom integrations.
• Plugins: modules for platforms such as WooCommerce and Adobe Commerce.

How Mercado Pago works

Merchants open an account, add a checkout through a plugin or the API, or take payments in person with a Point reader. Fees depend on country, payment method and how quickly funds are withdrawn.

Who uses Mercado Pago?

Mercado Pago serves online stores and physical merchants across Latin America, from small sellers to larger platforms.

Mercado Pago pricing

Mercado Pago does not publish a single fee schedule; fees vary by country, payment method and settlement timing, and each country site has a fees page. Check the local site for current rates.

Mercado Pago integrations

Mercado Pago provides plugins for WooCommerce, BigCommerce and Adobe Commerce, along with developer APIs.

Mercado Pago alternatives

Stripe is a global payments platform with growing Latin American coverage. dLocal and EBANX are cross-border payment processors for Latin America. Pagar.me and PagBank (PagSeguro) are Brazilian processors. Mercado Pago stands out for its wallet and local method coverage.