Digital wallet and payments platform from Mercado Libre for consumers and merchants.
Mercado Pago operates as a fintech arm that lets users hold balances, transfer money, pay through QR codes, and shop online from a single digital account.
The platform also issues debit and credit cards and provides payment processing for merchants across its Latin American markets.
| Attribute | Mercado Pago | Nequi | Parrot Pay | |
|---|---|---|---|---|
| Provider |  MercadoLibremercadolibre.com$4.1B disclosed funding · Public |  |  | |
| Founded | 1999 | 1875 | 2020 | |
| Sells To | Consumers, Small Business | B2B, B2C, Consumer, Enterprise, SMB | B2B | |
| Pricing Model | Advertising, Transactional | Fees, Interest Income, Investment Returns, Transaction Fees | Recurring, Software, Transactional | |
| Ownership | Public | Public | Private, Venture-backed |
Provider MercadoLibremercadolibre.com$4.1B disclosed funding · Public
Founded 1999
Sells To Consumers, Small Business
Pricing Model Advertising, Transactional
Ownership Public
Provider
Founded 1875
Sells To B2B, B2C, Consumer, Enterprise, SMB
Pricing Model Fees, Interest Income, Investment Returns, Transaction Fees
Ownership Public
Provider
Founded 2020
Sells To B2B
Pricing Model Recurring, Software, Transactional
Ownership Private, Venture-backed
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