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AlipayHK vs Mercado Pago

AlipayHK and Mercado Pago are both payment receiving platforms. On a $1,000 payment you keep about $1,000 on AlipayHK and $940–$995 on Mercado Pago, before withdrawal or currency-conversion costs.

Updated · from each platform’s published fees and payout terms · how we verify

Key differences

  • On a $1,000 payment you keep about $1,000 on AlipayHK and $940–$995 on Mercado Pago, before withdrawal or currency-conversion costs.
  • Both pay out via Bank transfer. Only Mercado Pago offers Debit card.
  • Mercado Pago is the older platform — founded in 2003, 14 years before AlipayHK (2017).
  • AlipayHK is based in Hong Kong, Mercado Pago in Argentina.

Which should you choose?

Choose AlipayHK if…

  • Keeping more of each payment matters most — its fee is lower.

Choose Mercado Pago if…

  • You want to withdraw via Debit card.
  • You prefer a long track record (since 2003).

Side by side

AlipayHK Hong Kong top digital wallet, used to collect payments. Visit Mercado Pago Latin America biggest payments app - anyone can receive via QR codes, payment links, and card readers, with or… Visit
Type Payment receiving like Payoneer Payment receiving like Payoneer
Category Payments Payments
Vetted No No
Work from home Yes Yes
Fees Free P2P and top-up Free P2P, ~0.5-6% merchant receiving fees
Withdraw via Bank account withdrawal via app Bank transfer, Debit card
Availability Hong Kong Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay
Local to Hong Kong Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay
Founded 2017 2003
Headquarters Hong Kong Buenos Aires, Argentina
Popularity 45 views · 0 likes 55 views · 0 likes

Frequently asked questions

Which is cheaper, AlipayHK or Mercado Pago?

On a $1,000 payment you keep about $1,000 on AlipayHK and $940–$995 on Mercado Pago, before withdrawal or currency-conversion costs.

Where are AlipayHK and Mercado Pago available?

AlipayHK: Hong Kong. Mercado Pago: Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay.

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