Resumen
Mercado Pago is a payment system operating since 2003 in seven Latin American countries. It accepts Visa and Mastercard cards and bank transfers, and runs a partner programme for agencies and developers.
Geography
Argentina, Brazil, Mexico, Colombia, Chile, Peru and Uruguay.
Top-up fees
- Bank transfer — 0%.
- Rapipago, Pago Fácil, Cobro Express — 1.5% up to 100,000 USD and 3% above that amount.
Withdrawal fees
- Bank transfer — 0%.
- Withdrawal through the service itself — 7.99%.
- ATM withdrawals and Rapipago or Pago Fácil cash-outs carry a fixed fee; check the amount for your country before the transaction.
Partner programme
The programme targets agencies and certified developers who integrate the payment system for clients. Partners get commercial support, special rates for their clients and financial incentives, with a tiered structure.
Legal entity
The operator is MercadoLibre S.R.L., Argentina.
The service suits businesses entering several markets in the region at once that want to work with one system.
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