Payment Gateways

Mercado Pago logo

Mercado Pago review

Payments and fintech platform from Mercado Libre with QR codes, card readers, payment links and online checkout.

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Best for
Businesses accepting payments in Latin America
Free plan
Verify
Pricing
Check the provider's website for current pricing in your currency.
Company origin
Argentina

Overview

Mercado Pago is payments and fintech platform from Mercado Libre with QR codes, card readers, payment links and online checkout. It is a strong fit for businesses accepting payments in Latin America. It is used internationally — check that it supports your country's tax rules, currency and payment methods.

Pros

  • Widely used across Latin America
  • QR and card readers
  • Online checkout

Cons

  • Latin America only
  • Fees vary by country

Who should consider Mercado Pago?

Consider it if you are among businesses accepting payments in Latin America. Before you buy, test it with a week of real work, check the price for your number of users, and confirm you can export your data if you switch later.

Mercado Pago alternatives

SoftwareBest forFree planOrigin
Razorpay logoRazorpayOnline businesses and startups wanting a developer-friendly gatewayVerifyINVisit
Cashfree Payments logoCashfree PaymentsBusinesses that need both collections and payoutsVerifyINVisit
PayU India logoPayU IndiaE-commerce and education businesses with mixed payment methodsVerifyNLVisit
Instamojo logoInstamojoMicro businesses and creators selling without a full websiteVerifyINVisit
CCAvenue logoCCAvenueBusinesses needing many payment options and international cardsVerifyINVisit
PhonePe Payment Gateway logoPhonePe Payment GatewayBusinesses whose customers mostly pay by UPIVerifyINVisit

See all Mercado Pago alternatives →

Compare Mercado Pago

Frequently asked questions

Does Mercado Pago have a free plan?
Check the provider's website for current plan options.
What is Mercado Pago best for?
Businesses accepting payments in Latin America.
What are the best alternatives to Mercado Pago?
Razorpay, Cashfree Payments, PayU India, Instamojo, CCAvenue.