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M-PESA vs Mercado Pago

What both publish

FactM-PESAMercado Pago
Founded2007Mercado Pago was launched in 2003 as part of Mercado Libre's expansion.
Mobile platformsbothboth

M-PESA plans

  • M-PESAPriced on request

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 M-PESA if…

It suits Safaricom customers who need mobile deposits, transfers, withdrawals, merchant payments, bank movement, or international money services.

Pick Mercado Pago if…

You want what its maker publishes above — check its page for the details.

Charts they share