Mercado Pago
Fintech arm of Mercado Libre using AI for credit scoring, lending, and fraud detection
About Mercado Pago
Mercado Pago is a Latin American financial technology platform offering digital payments, online checkout, merchant tools, and financial services. Consumers can use a Mercado Pago account and wallet to pay online, manage payment methods, send or receive money, and access locally available account and credit features through its app. For merchants, Mercado Pago provides online payment processing, checkout integrations, payment links, point-of-sale devices, QR payments, and developer APIs. Businesses can accept a range of payment methods that varies by country, monitor transactions, and connect digital checkout with in-person sales and commerce platforms. Wallet and payment tools also support marketplace and recurring-payment use cases. Mercado Pago serves consumers, ecommerce businesses, marketplaces, and small and midsize merchants across Latin America. Its products cover digital wallet payments, payment processing, merchant acquiring, point-of-sale payments, and country-specific financial services, helping businesses collect payments and customers transact through familiar local payment options.
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