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Cash App vs Mercado Pago
Cash App and Mercado Pago are both payment receiving platforms. On a $1,000 payment you keep about $982.50–$995 on Cash App 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 $982.50–$995 on Cash App and $940–$995 on Mercado Pago, before withdrawal or currency-conversion costs.
- Both pay out via Bank transfer and Debit card.
- Mercado Pago is the older platform — founded in 2003, 10 years before Cash App (2013).
- Cash App is based in United States, Mercado Pago in Argentina.
Which should you choose?
Choose Cash App if…
- Keeping more of each payment matters most — its fee is lower.
Choose Mercado Pago if…
- You prefer a long track record (since 2003).
Side by side
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Cash App
The US peer-to-peer money app by Block - receive payments instantly to your cashtag, with a free debit card an…
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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 P2P, 0.5-1.75% instant deposit | Free P2P, ~0.5-6% merchant receiving fees |
| Withdraw via | Bank transfer, Debit card | Bank transfer, Debit card |
| Availability | United States | Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay |
| Local to | United States | Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay |
| Founded | 2013 | 2003 |
| Headquarters | Oakland, United States | Buenos Aires, Argentina |
| Stock ticker | NYSE: XYZ (Block) | — |
| Popularity | 40 views · 0 likes | 55 views · 0 likes |
Frequently asked questions
Which is cheaper, Cash App or Mercado Pago?
On a $1,000 payment you keep about $982.50–$995 on Cash App and $940–$995 on Mercado Pago, before withdrawal or currency-conversion costs.
Where are Cash App and Mercado Pago available?
Cash App: United States. Mercado Pago: Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay.