Mercado Pago is a renowned online payment platform in Latin America, offering diverse payment methods such as credit/debit cards, cash payments, and bank transfers.
Since its launch by Mercado Libre in 2004, it has been known for secure and easy business transactions venturing into the Latin American market.
Payment type Wallet
Payment flow Redirect
Integration type API Reference
Countries Argentina (AR), Brazil (BR), Chile (CL), Colombia (CO), Mexico (MX), Peru (PE), Uruguay (UY)
Currencies Argentine Peso (ARS), Brazilian Real (BRL), Chilean Peso (CLP), Colombian Peso (COP), Mexican Peso (MXN), Peruvian Nuevo Sol (PEN), Uruguayan Peso (UYU)
Min amount 1 ARS, 1 BRL, 10 CLP, 1,300 COP, 5 MXN, 5 PEN, 5 UYU
Recurring Yes
Refund Yes
Partial refunds Yes
Multiple partial refunds Yes
Chargeback No
Principle of operation
- Selection at checkout
Customer selects a Mercado Pago account type and chooses between a personal account for standard online wallet functions or a seller account offering exclusive tools and benefits. - Payment initiation
Merchant can manage sales, access statistics, withdraw money, and even take out loans through Mercado Pago. Payments are initiated via the wallet, and funds are released to the seller’s account once the buyer receives the item. - Payment confirmation
Payment is completed after the item is received. - Merchant notification
Merchant receives confirmation after a successful transaction.
Handle Mercado Pago errors
Specific errors may occur when a Mercado Pago payment attempt fails.
- Guide
This error indicates an issue with the provided data format. 2.01 Invalid data
The decline may be related to an invalid or incorrectly formatted payer identification document such as CPF, CURP, or DNI. Retry the transaction and verify that the Guide
Improve your approval ratio across countries by collecting and providing additional data. document number is correct and matches the required format for the customer’s country.