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bunq vs Mercado Pago
bunq and Mercado Pago are both payment receiving platforms. On a $1,000 payment you keep about $1,000 on bunq 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 bunq and $940–$995 on Mercado Pago, before withdrawal or currency-conversion costs.
- Both pay out via Bank transfer and debit card. Only bunq offers ATM.
- Mercado Pago is the older platform — founded in 2003, 9 years before bunq (2012).
- bunq is based in Netherlands, Mercado Pago in Argentina.
Which should you choose?
Choose bunq if…
- Keeping more of each payment matters most — its fee is lower.
- You want to withdraw via ATM.
Choose Mercado Pago if…
- You prefer a long track record (since 2003).
Side by side
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bunq
Mobile business account popular with Dutch freelancers for receiving 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 | Yes | Yes |
| Fees | Free plan, paid plans ~EUR 3-19/mo | Free P2P, ~0.5-6% merchant receiving fees |
| Withdraw via | SEPA bank transfer, debit card, ATM | Bank transfer, Debit card |
| Availability | EU/EEA + UK | Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay |
| Local to | Netherlands | Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay |
| Founded | 2012 | 2003 |
| Headquarters | Amsterdam, Netherlands | Buenos Aires, Argentina |
| Popularity | 47 views · 0 likes | 56 views · 0 likes |
Frequently asked questions
Which is cheaper, bunq or Mercado Pago?
On a $1,000 payment you keep about $1,000 on bunq and $940–$995 on Mercado Pago, before withdrawal or currency-conversion costs.
Where are bunq and Mercado Pago available?
bunq: EU/EEA + UK. Mercado Pago: Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay.