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Mercado Pago vs PayPay

PayPay logo

PayPay

7.7#17 in money transfer appsFrom $1,980 a month
Free planAndroidiOS
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What both publish

FactMercado PagoPayPay
FoundedMercado Pago was launched in 2003 as part of Mercado Libre's expansion.2018
Free planYesYes
Mobile platformsbothboth

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

PayPay plans

  • PayPay appFree
  • PayPay My Store Lite Plan$1,980 a month

Pick Mercado Pago if…

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

Pick PayPay if…

It suits people who want to make smartphone payments at participating stores, pay bills, or transfer PayPay balance to friends and family. Store acceptance and transaction limits may affect whether it fits a particular user.

Charts they share