Mercado Pago

Type: Digital Payment Platform

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About Mercado Pago

Founded	2004
Headquarters	Buenos Aires, Argentina
Market share	Mercado Pago is one of the largest digital payment platforms in Latin America, competing with local and international players.
Major competitors	PayPal Stripe PagSeguro PicPay
Notable partnerships	E-commerce platforms like Mercado Libre. Financial institutions for enhanced payment processing. Retailers to expand payment acceptance.
Recent developments	Expansion into new Latin American markets. Introduction of cryptocurrency trading features. Partnerships with local businesses to enhance payment solutions.
Regulations	Operates under local financial regulations and collaborates with banks to offer payment solutions.
Security	Unknown
Official website	https://www.mercadopago.com