Connect your Mercado Pago account
In this article:
- General Information
- How to connect to Mercado Pago
- FAQ
General Information
Mercado Pago is one of the largest payment platforms in Latin America. You can connect Mercado Pago to your Payhip store to accept card payments for selling digital products online.
Which countries is Mercado Pago available in?
Mercado Pago is available in Argentina, Brazil, Chile, Colombia, Mexico, Peru and Uruguay. Supported currencies include ARS, BRL, CLP, COP, MXN, PEN, and UYU.
Note that the currency used in your Payhip account must match the currency in your Mercado Pago account.
What are the payment methods available on Mercado Pago?
Availability of specific payment methods may vary by country, so certain options might not be offered in all supported locations. Here are the payment methods available for each country:
- Argentina:
- Visa, Visa Debit, Mastercard, Mastercard Debit, American Express, Maestro, Naranja, Cabal, Tarjeta Shopping, Cencosud, Diners, Argencard, Cordobesa, CMR Falabella
- Brazil:
- Pix, Caixa
- Chile:
- Visa, Mastercard, American Express, Diners, Redcompra
- Colombia:
- Visa, Visa Debit, Mastercard, Mastercard Debit, American Express, Diners, Codensa, PSE
- Mexico:
- Visa, Visa Debit, Mastercard, Mastercard Debit, American Express, BBCA Bancomer, Citibanamex, Santander
- Peru:
- Visa, Visa Debit, Mastercard, Mastercard Debit, American Express, Diners, Codensa
- Uruguay:
- Visa, Visa Debit, Mastercard, OCA, Lider, Diners, Creditel
Mercado Pago fees - how much money does Mercado Pago take per transaction?
The standard Mercado Pago fee starts from 3.99% per transaction. Please check Mercado Pago’s website for the latest updates. Note that these fees are collected by Mercado Pago and do not go to Payhip.
How to connect Mercado Pago to your eCommerce store
To start selling online, make sure you’ve signed up for a free Payhip account. In your Payhip dashboard, go to Account → Settings → Payment Details. You’ll see a list of payment gateways available in your region, including Mercado Pago (if it’s available to you).
Note that the default currency that you set on your Payhip account must match the currency on your Mercado Pago account.
Click Connect and you’ll be presented with the screen where you can add your Application ID and Access Token.
To find this information, please take the following steps on your Mercado Pago account:
1) Go to Mercado Pago Developers and click Log In on the upper right corner of the screen
2) Click on the Your integrations button located in the upper right corner
3) Access your application or create one if you have not already done so
4) You will find your credentials under the title Production > Production credentials, in the menu located on the left side of the screen. You can copy the Public Key and the Access Token and paste them into the corresponding fields on your Payhip dashboard.
After you've submitted the above information on your Payhip account you'll be shown that Mercado Pago was successfully connected.
That’s it! You’ve successfully integrated Mercado Pago to your Payhip store.
If you don’t have a Mercado Pago account yet
If you don’t have a Mercado Pago account yet, there is a link to create a new Mercado Pago account for free on your Payhip dashboard. Simply follow the on-screen instructions to set up your new Mercado Pago account.
FAQ
How do I get my payouts from Mercado Pago?
Mercado Pago payments are processed instantly, so you receive funds immediately after each transaction. Mercado Pago payments work a little differently compared to Stripe or PayPal on Payhip. You will get your full payment (without Payhip fees deducted) instantly after each transaction has been processed. At the end of each month, you’ll be billed for your Payhip fees using your preferred credit card.
What will my customers see at checkouts?
Once your Mercado Pago account is connected to Payhip, customers visiting your storefront will see the Buy with card option at checkout. They do not need to have a Mercado Pago account to purchase, they can make payments with their preferred payment methods (debit card, credit cards, etc).