Mercado Pago marketplace vs non-marketplace payment volume 2016-2023
online payment platform Mercado Pago processed about 135.6 billion U.S. dollars in payments to businesses other than those featured on its online marketplace, mostly small and medium-sized enterprises. That year, Mercado Pago processed more than 47 billion dollars in payments to Mercado Libre's online marketplace, excluding shipping and financing fees. As of 2023, Mercado Pago was available in Argentina, Brazil, Chile, Colombia, Mexico, Peru, Uruguay, and Venezuela.
In 2023, MercadoLibre, Inc.'s