Mercado Pago
Mercado Pago facilitates secure and versatile online payments in Latin America
Mercado Pago
API
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's known for secure and easy business transactions venturing into the Latin American market.
Countries
Brazil (BR), Chile (CL), Colombia (CO), Mexico (MX)
Currencies Brazilian Real (BRL), Chilean Peso (CLP), Colombian Peso (COP), Mexican Peso (MXN)
Min amount 1 BRL, 10 CLP, 1,300 COP, 5 MXN Recurring Yes
Refund Yes
Partial refunds Yes
Multiple partial refunds Yes
Chargeback No
Currencies Brazilian Real (BRL), Chilean Peso (CLP), Colombian Peso (COP), Mexican Peso (MXN)
Min amount 1 BRL, 10 CLP, 1,300 COP, 5 MXN Recurring Yes
Refund Yes
Partial refunds Yes
Multiple partial refunds Yes
Chargeback No
Principle of operation
- Account types: Choose between a Personal account for standard online wallet functions or a Seller Account offering exclusive tools and benefits.
- Seller account features: Customize payment processes, manage sales, access statistics, withdraw money, and even take out loans.
- User-friendly process: Merchants publish items and select Mercado Pago for payment. Buyers pay through Mercado Pago, and upon item receipt, funds are released to the seller’s account.