Tranzify

Wallets · Latin America · On request

Mercado Pago in Argentina

Mercado Pago is one of the payment methods in Argentina. Payments are made in ARS; the method supports pay-in, recurring, refund; settlement: instant; chargebacks: under the provider's rules. The payments regulator in Argentina is Banco Central de la República Argentina (BCRA). Providers for Mercado Pago in Argentina in the Tranzify catalogue: dLocal, EBANX, Mercado Pago, PlatCore.

Key facts

Currency
ARS (Argentine peso)
Operations
Pay-in · Recurring · Refund
Settlement
instant
Chargebacks
under the provider's rules
Payments regulator
Banco Central de la República Argentina (BCRA)

Providers for Mercado Pago in Argentina

ProviderProvider typeSupported operationsStatus at Tranzify
dLocalLocal methods providerPay-in, Payout, RefundOn request
EBANXLocal methods providerPay-in, Payout, RefundOn request
Mercado PagoWalletPay-in, RefundOn request
PlatCoreLocal methods providerPay-in, PayoutAvailable

How a payment goes through

  1. 1The checkout opens the wallet app or shows its button
  2. 2The payer confirms in the app with a PIN or biometrics
  3. 3The wallet confirms the payment to the provider within seconds
  4. 4Webhook to the merchant; a refund goes back the same way

Other payment methods in Argentina

TypePayment methodsshare of e-commerce payments
CardsVisa—
CardsMastercard—
CryptoUSDT (Tether)—
WalletsApple Pay—
WalletsGoogle Pay—
WalletsPayPal—
Cash & vouchersRapipago—
Cash & vouchersPago Fácil—

Mercado Pago in other countries

Frequently asked questions

Which providers offer Mercado Pago in Argentina?+
In the Tranzify catalogue Mercado Pago in Argentina is offered by dLocal, EBANX, Mercado Pago, PlatCore. A client connects its own account with the provider as a terminal; routing and cascading between several providers are set up in the back office.
How widely is Mercado Pago used in Argentina?+
The catalogue has no published market share for Mercado Pago in Argentina; the method is listed among the country's payment methods.
Which operations does Mercado Pago support in Argentina?+
Mercado Pago supports pay-in, recurring, refund. Settlement is instant and chargebacks are under the provider's rules; the amounts are in ARS.
Who holds the licence for Mercado Pago in Argentina?+
Tranzify is software. The licensed client, a payment institution, an acquirer or its partner, contracts with the providers and the merchants; the platform routes the payments, records them in the journal and reports them. The payments regulator in Argentina is Banco Central de la República Argentina (BCRA).

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