Mercado Pago
8.4#3 in money transfer apps$1.49 one-timeFree planAndroidiOSWebAPI
VisitMercado Pago vs Wise
What both publish
| Fact | Mercado Pago | Wise |
|---|---|---|
| Account security | Mercado Pago recommends biometric phone authentication, facial recognition and QR verification, and security alerts delivered by email, WhatsApp, SMS, or notification. | Two-factor authentication protects accounts and transactions. |
| Founded | Mercado Pago was launched in 2003 as part of Mercado Libre's expansion. | 2011 |
| Free plan | Yes | Yes |
| Mobile platforms | both | The Wise app is available for iOS through the Apple App Store and for Android through Google Play. |
| Payment methods | The payment link page says buyers can pay by credit card in installments, debit, cash, Mercado Pago balance, or Mercado Crédito where available. | The app says users can fund transfers with Apple Pay, Google Pay, a debit or credit card, or a bank transfer. |
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
Wise plans
- Wise personal account and transfersFree
Pick Mercado Pago if…
You want what its maker publishes above — check its page for the details.
Pick Wise if…
Wise suits people sending money to overseas bank accounts or receiving payments from abroad. It may also suit users who want to track or schedule transfers and receive exchange-rate alerts.