🆚 Klarna vs. Mercado Pago

Compare technologies based on real-world usage data *

📈 Klarna is four times more popular than Mercado Pago.
🌎 Klarna is more popular in Germany, the United Kingdom, and the United States.
🌎 Mercado Pago is more popular in Brazil, Argentina, and Mexico.

Klarna

Mercado Pago

Type

Payment service

About

Klarna is a Swedish payment service provider and licensed bank that specializes in Buy Now, Pay Later options for online and in-store purchases.

It enables users to pay in four interest-free installments every two weeks, pay in full within 30 days, or choose longer-term financing for up to 24 months with interest rates starting at 0%.

Mercado Pago is a Latin American digital payment platform developed by Mercado Libre that provides payment processing, digital wallet services, and checkout infrastructure for online stores, mobile apps, and physical merchants.

It offers multiple checkout models, including hosted Checkout Pro, customizable API-based checkout, and modular Checkout Bricks components. The platform also supports subscriptions and marketplace split payments, and provides developer SDKs and plugins for third-party platforms such as WooCommerce, Shopify, Adobe Commerce, and VTEX.

Headquarters

Stockholm, Sweden

Montevideo, Uruguay

Website

klarna.com #497

mercadopago.com.ar #1,856

Pricing

Transaction fees3.29-5.99% + $0.30

Popularity

Determined by the number of sites using each technology.

The Klarna payment service is 4 times more popular than Mercado Pago.

Total websites

Market share

Payments

Popularity by country

Determined by the number of sites detected from each country.

Klarna is more popular in Germany, the United Kingdom, and the United States, while Mercado Pago is more popular in Brazil, Argentina, and Mexico.

Germany

United Kingdom

United States

Brazil

Sweden

Netherlands

Italy

Argentina

Spain

Norway