secondary source
Ranked 12 of 105
SoftPOS + hardware
Latin America
Mercado Pago (Mercado Libre) reviewed — 2026
Largest LATAM player; Point Tap launched in Mexico in 2026, where it competes head-on with Clip and BBVA.
Note on the data: These terms come from secondary sources, not directly from the provider's own pricing page.
SoftPOS24 overall score
3.5/5
71 out of 100 points · Rating 2.2 (good)
Price transparency
30/30
Market coverage
13/25
Platform coverage
15/15
Security certification
3/15
Card acceptance
13/15
The score measures transparency, reach and certification of the offer — not how well the app works. See the formula
In short
Mercado Pago (Mercado Libre) offers Point Tap / Tap to Pay for iOS + Android. Transaction fee: from 2.99%; monthly fee: none. Security certification: n/a. Available in: Brazil, Mexico, Argentina, Chile, Colombia, Peru, Uruguay.
Mercado Pago (Mercado Libre) terms in full
| Product name | Point Tap / Tap to Pay |
|---|---|
| Provider type | SoftPOS + hardware |
| Headquarters | Argentina/Uruguay |
| Founded | 2003 |
| Platforms | both |
| Certification | not stated |
| Transaction fee | Brazil: 2.99% promotional rate for the first 3 months (Point Tap, debit); standard rate thereafter |
| Monthly fee | 0 (no rental) |
| Setup cost | 0 |
| Contract term | n/a |
| Cards accepted | Visa, Mastercard, American Express, Apple Pay, Google Pay |
| PIN entry on screen | yes (when the contactless limit is exceeded) |
| Transaction limit | country-dependent, set by issuers |
| Target customers | Micro-merchants, street vendors, SMEs in LATAM |
| Available markets | Brazil, Mexico, Argentina, Chile, Colombia, Peru, Uruguay |
| Website | mercadopago.com |
| Data source | Open primary source ↗ |
Alternatives to Mercado Pago (Mercado Libre)
Comparable providers in Latin America:
- InfinitePay (CloudWalk) — from 0.75%, Rating 2.7
- PagBank (PagSeguro) — from 0.88%, Rating 2.7
- Ton (Stone Co.) — from 0.57%, Rating 2.7
- Clip (Payclip) — from 2.99%, Rating 2.8
- Bold — from 1.50%, Rating 3.4