Volume of Mercado Pago payments on Mercado Libre's marketplace 2018-2022

Published by Statista Research Department, Dec 6, 2024
In the fourth quarter of 2022, the volume of payments using Mercado Pago on Mercado Libre's online marketplace amounted to more than ten billion U.S. dollars. This represents an increase of over 23 percent compared with the 8.19 billion dollar volume recorded in the same period of the previous year. Mercado Pago is a digital payment platform operated by MercadoLibre, Inc. From 2021 to 2022, the overall number of payment transactions made through Mercado Pago increased by about 68 percent. Besides Mercado Libre's marketplace, the payment solution has been increasingly used by small and medium-sized enterprises.

Volume of payments using Mercado Pago on Mercado Libre's marketplace from 1st quarter 2018 to 4th quarter 2022 (in billion U.S. dollars)

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Release date

February 2023

Region

LAC

Survey time period

Q1 2018 to Q4 2022

Supplementary notes

Figures other than for Q4 2021 and Q4 2022 were taken from earlier releases.
Values have been rounded.

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