Headquartered in Argentina, Mercado Pago is the payment processing platform developed by Mercado Libre for Latin America. Launched in 2003, the company managed all financial transactions on its platform, Mercado Libre, making it safer for its users by preventing fraud. Today, this payment gateway is used by millions of users in Latin America.

Why Use Mercado Pago?

Mercado Pago allows customers to use the local currencies of Latin American countries as part of the payment, without having to convert to dollars or euros—a process common in many global transactions. Within this system, customers can make payments using credit cards, bank transfers, their account balance, and even directly through the Mercado Pago portal itself.

Mercado Pago is designed so that its customers can transfer money with the security and trust the company provides. Mercado Pago can even be integrated into various online platforms, such as your TuriTop booking software.

Benefits of Using Mercado Pago

  • You can use or transfer money whenever you want. It’s automatic—you only need to activate it once and never have to take any further action.
  • The use of QR codes allows your customers to select this payment method at checkout in most businesses.
  • Additionally, a mobile app is available for iOS and Android, enabling state-of-the-art contactless technology.
  • Pay in up to 12 installments without a credit card
  • Use Mercado Crédito for your QR payments, mobile top-ups, utility bill payments, and purchases on 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. Additionally, when the buyer pays, Mercado Pago credits the funds to the seller’s account. The seller can see the funds reflected in their account but cannot access them 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 refunded to the buyer’s payment method without any issues.

Easy Setup

In your TuriTop booking system, you can configure two different integrations with Mercado Pago. The first will redirect your customers to the Mercado Pago payment website; Learn more about how to set up this integration in your TuriTop booking software here. The second option integrates directly into your software’s booking widget; you can learn how to set it up here

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