Mercado Pago
Leading payment platform in Latin America
★ 4.0
Latin America payment leader. Fees vary by country: Argentina ~3.5%, Brazil ~3.99%, Mexico ~2.89%. 7 LATAM countries.
Features
✓ Argentina: 3.5% + IVA credit, 2.35% debit
✓ Brazil: 3.99% credit, 1.99% Pix
✓ Mexico: 2.89% credit, 1.79% debit
✓ Installment payments (up to 12 months)
✓ QR code and Pix payments
✓ Local payment methods (Boleto, OXXO, etc.)
Pros
- + Dominant in Latin America
- + Local payment methods (Pix, Boleto, OXXO)
- + Strong fraud protection
- + Part of MercadoLibre ecosystem
Cons
- − Limited to Latin America only
- − Country-specific pricing/rules
- − Documentation mostly Spanish/Portuguese