The Latin American payment gateway Mercado Pago

Based in Argentina, Mercado Pago is the payment processing gateway developed by Mercado Libre for Latin America. Launched in 2003, the company controlled all money transactions on its platform, Mercadolibre, making it safer for its users by preventing scams. Today, this payment gateway is used by millions of users in Latin America.

Why use Mercado Pago?

Mercado Pago allows customers to use Latin American countries' own currencies as part of the payment, without the need to convert to dollars or euros, known from multiple global processes. Within this system, the customer can make payments by credit card, bank transfer, account balance, and even within the Mercado Pago portal itself.

Mercado Pago is designed so that your customers can move money with the security and confidence that the company offers. Mercado Pago even allows integration with various online platforms on the web, such as your TuriTop booking software.

Benefits of using Mercado Pago

  • You can use or transfer the money at any time you want. It's automatic, you only need to activate it once and never take any further action.
  • The use of QR codes allows your customers to select this payment method at checkout in most businesses.
  • In addition, a mobile app is available for iOS and Android operating systems, enabling state-of-the-art contactless technology.
  • Pay up to 12 instalments without a credit card
  • Use Mercado Crédito for your QR payments, top-ups, service payments and purchases in Mercado Libre.
  • Integrated directly into the TuriTop booking system widget, it allows your customers to pay instantly at the time of booking.

Security

It is a secure payment system compatible with Visa, MasterCard, Alimentar, Diners Club International, Ahora12 and American Express. In addition, when the buyer pays, Mercado Pago credits the money to the seller's account, who can see the money reflected but does not have it available until the buyer confirms that the purchase conditions have been met, that is, until the transaction has been successfully completed. If something goes wrong or a dispute is initiated, the money will be returned to the buyer's payment method without any inconvenience.

Easy configuration

In your TuriTop booking system you can set up two different integrations with Mercado Pago. The first one will take your customers to the Mercado Pago payment website; learn more about how to achieve this integration in your TuriTop booking software. here. The second will be integrated into the booking widget of your software, which you can learn how to set up. here