🆚 Mercado Pago vs. PayPal

📈 PayPal is much more popular than Mercado Pago.
🌎 PayPal is more popular in the United States, the United Kingdom, and Germany.
🌍 Mercado Pago is more popular in Argentina, Colombia, and Uruguay.

Statistics based on 3.8M+ analyzed websites. About this data

Mercado Pago

PayPal

Type

Online payment service

About

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.

PayPal is an online payment service that allows users to send funds from a credit card, bank account, or PayPal balance to merchants without sharing their financial details.

It includes a digital wallet that links to bank accounts and cards, supports transactions in more than 200 countries and regions and 25 currencies, offers buyer protection on eligible purchases, and enables guest checkout for non-account holders.

Headquarters

Montevideo, Uruguay

San Jose, California, United States

Website

mercadopago.com.ar #1,856

paypal.com #45

Pricing

Domestic personal transactions From bank accounts $0 (if no currency conversion)
From cards 3.4% + fixed fee based on currency

International personal transactions From U.S. bank accounts $4.99
From U.S. cards $4.99 + 3.4% + fixed fee

Merchant fees For receiving domestic transactions 3.40% + fixed fee
For receiving international transactions 4.40% + fixed fee

Popularity

Determined by the number of sites using each technology.

The PayPal online payment service is 67 times more popular than Mercado Pago.

Total websites

Market share

Online Payments

Popularity by country

Determined by the number of sites detected from each country.

PayPal is more popular in the United States, the United Kingdom, and Germany, while Mercado Pago is more popular in Argentina, Colombia, and Uruguay.

United States

United Kingdom

Germany

Australia

Italy

France

Canada

Netherlands

Spain

Brazil

Awards

🥇 Most popular in Colombia in the Online Payments category.
🥈 Second most popular in Mexico in the Online Payments category.
🥈 Second most popular in Chile in the Online Payments category.
🥈 Second most popular in Peru in the Online Payments category.
⭐ 4th most popular in Argentina in the Online Payments category.

🥇 Most popular in the United States in the Online Payments category.
🥇 Most popular in the United Kingdom in the Online Payments category.
🥇 Most popular in Germany in the Online Payments category.
🥇 Most popular in Australia in the Online Payments category.
🥇 Most popular in Italy in the Online Payments category.

Popularity by domain category

Determined by the number of sites in each category.

PayPal is more popular than Mercado Pago in all market segments.

Online Shopping

Marketing/Merchandising

Fashion/Beauty

Business

Blogs/Wiki

Internet Services

Entertainment

Education/Reference

Sports

Software/Hardware

Top sites

Top-ranked sites that use these technologies.

Name

Rank

#163

#322

#331

#1,638

#1,856

Name

Rank

#15

#18

#35

#45

#49