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Mercado Pago vs Remitly

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Remitly

8.2#5 in money transfer apps$2.99 one-time
Free planAndroidiOS
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What both publish

FactMercado PagoRemitly
FoundedMercado Pago was launched in 2003 as part of Mercado Libre's expansion.2011
Mobile platformsbothThe app is available on iOS through the App Store and on Android through Google Play.

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

Remitly plans

  • Bank depositFree
  • Cash pickup$2.99, paid once
  • New customer promotional rate—

Pick Mercado Pago if…

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

Pick Remitly if…

Remitly suits people sending money internationally who want to see the exchange rate, fees, and total cost before sending. It also fits recipients who prefer to collect funds without creating an account or downloading an app.

Charts they share