BHIM
6.8#59 in money transfer appsFree planFree planAndroidiOS
VisitBHIM vs Mercado Pago
Mercado Pago
8.4#3 in money transfer apps$1.49 one-timeFree planAndroidiOSWebAPI
VisitWhat both publish
| Fact | BHIM | Mercado Pago |
|---|---|---|
| Founded | 2016 | Mercado Pago was launched in 2003 as part of Mercado Libre's expansion. |
| Free plan | Yes | Yes |
| Notable limitation | BHIM says a successfully completed transaction cannot be reversed unless the beneficiary refunds it. | The Mercado Pago Tiendanube plugin does not provide a test environment, so its page says validation must be performed in production with real payments. |
| Payment methods | Users can send money using a UPI ID, a UPI registered mobile number, or an account number and IFSC code. | The payment link page says buyers can pay by credit card in installments, debit, cash, Mercado Pago balance, or Mercado Crédito where available. |
BHIM plans
- BHIMFree
Mercado Pago plans
- Cuenta digitalFree
- Cuenta gratisFree
- Link de pago — money available in 35 days$1.49, paid once
- Link de pago — money available in 18 days$3.39, paid once
- Link de pago — money available in 10 days$4.39, paid once
- Link de pago — money available instantly$6.29, paid once
Pick BHIM if…
BHIM suits people with a bank account, a mobile number registered with the bank, and a linked debit card. It also supports users who need bill payments or merchant collections using agent-specific QR codes.
Pick Mercado Pago if…
You want what its maker publishes above — check its page for the details.