Tranzify

Wallets · Latin America · On request

Mercado Pago in Brazil

Mercado Pago is one of the payment methods in Brazil. Payments are made in BRL; the method supports pay-in, recurring, refund; settlement: instant; chargebacks: under the provider's rules. The payments regulator in Brazil is Banco Central do Brasil (BCB). Providers for Mercado Pago in Brazil in the Tranzify catalogue: dLocal, EBANX, Mercado Pago.

Key facts

Currency
BRL (Brazilian real)
Operations
Pay-in · Recurring · Refund
Settlement
instant
Chargebacks
under the provider's rules
Payments regulator
Banco Central do Brasil (BCB)

Providers for Mercado Pago in Brazil

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

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 Brazil

TypePayment methodsshare of e-commerce payments
Bank transfers & instant paymentsPIX42 %
Cash & vouchersBoleto Bancário10 %
CardsVisa—
CardsMastercard—
CryptoUSDT (Tether)—
WalletsApple Pay—
WalletsGoogle Pay—
WalletsPayPal—

Mercado Pago in other countries

Frequently asked questions

Which providers offer Mercado Pago in Brazil?+
In the Tranzify catalogue Mercado Pago in Brazil is offered by dLocal, EBANX, Mercado Pago. 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 Brazil?+
The catalogue has no published market share for Mercado Pago in Brazil; the method is listed among the country's payment methods.
Which operations does Mercado Pago support in Brazil?+
Mercado Pago supports pay-in, recurring, refund. Settlement is instant and chargebacks are under the provider's rules; the amounts are in BRL.
Who holds the licence for Mercado Pago in Brazil?+
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 Brazil is Banco Central do Brasil (BCB).

Articles about Brazil

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