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bKash vs Mercado Pago
bKash and Mercado Pago are both payment receiving platforms. On a $1,000 payment you keep about $981.50–$985.10 on bKash 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 $981.50–$985.10 on bKash and $940–$995 on Mercado Pago, before withdrawal or currency-conversion costs.
- Both pay out via Bank transfer. Only bKash offers Agent cash-out and ATM. Only Mercado Pago offers Debit card.
- Mercado Pago is the older platform — founded in 2003, 8 years before bKash (2011).
- bKash is based in Bangladesh, Mercado Pago in Argentina.
Which should you choose?
Choose bKash if…
- Keeping more of each payment matters most — its fee is lower.
- You want to withdraw via Agent cash-out and ATM.
Choose Mercado Pago if…
- You want to withdraw via Debit card.
- You prefer a long track record (since 2003).
Side by side
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bKash
Bangladesh dominant mobile money service where anyone receives and cashes out payments.
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Mercado Pago
Latin America biggest payments app - anyone can receive via QR codes, payment links, and card readers, with or…
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|---|---|---|
| Type | Payment receiving like Payoneer | Payment receiving like Payoneer |
| Category | Payments | Payments |
| Vetted | No | No |
| Work from home | No | Yes |
| Fees | Free P2P within limits, agent cash-out 1.49-1.85% | Free P2P, ~0.5-6% merchant receiving fees |
| Withdraw via | Agent cash-out, ATM, bank transfer | Bank transfer, Debit card |
| Availability | Bangladesh | Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay |
| Local to | Bangladesh | Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay |
| Founded | 2011 | 2003 |
| Headquarters | Dhaka, Bangladesh | Buenos Aires, Argentina |
| Popularity | 59 views · 1 likes | 56 views · 0 likes |
Frequently asked questions
Which is cheaper, bKash or Mercado Pago?
On a $1,000 payment you keep about $981.50–$985.10 on bKash and $940–$995 on Mercado Pago, before withdrawal or currency-conversion costs.
Where are bKash and Mercado Pago available?
bKash: Bangladesh. Mercado Pago: Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay.