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Mercado Pago vs Zelle

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Zelle

7.5#28 in money transfer appsFree plan
Free planAndroidiOSWeb
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What both publish

FactMercado PagoZelle
Customer supportMercado Pago provides a Help Center with searchable help topics and a shortcut to report a security problem.For issues using or enrolling in Zelle through a financial institution’s app or online banking, users should contact that bank or credit union.
FoundedMercado Pago was launched in 2003 as part of Mercado Libre's expansion.2017
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

Zelle plans

  • Consumer ZelleFree
  • Small business ZellePriced on request

Pick Mercado Pago if…

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

Pick Zelle if…

Zelle suits people with eligible U.S. bank accounts who want to send or receive money through a participating institution’s banking service. Eligible small businesses can also use it for customer payments and transfers to vendors or employees.

Charts they share