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Maya vs Mercado Pago

Maya and Mercado Pago are both payment receiving platforms. On a $1,000 payment you keep about $1,000 on Maya 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 Maya and $940–$995 on Mercado Pago, before withdrawal or currency-conversion costs.
  • Both pay out via Bank transfer. Only Maya offers ATM via Maya card. Only Mercado Pago offers Debit card.
  • Maya is the older platform — founded in 2000, 3 years before Mercado Pago (2003).
  • Maya is based in Philippines, Mercado Pago in Argentina.

Which should you choose?

Choose Maya if…

  • Keeping more of each payment matters most — its fee is lower.
  • You want to withdraw via ATM via Maya card.

Choose Mercado Pago if…

  • You want to withdraw via Debit card.

Side by side

Maya A Philippine digital wallet and bank where users receive payments and pay merchants. 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 No Yes
Fees Free Maya-to-Maya, ~PHP 15 bank transfer Free P2P, ~0.5-6% merchant receiving fees
Withdraw via Bank transfer (InstaPay), ATM via Maya card Bank transfer, Debit card
Availability Philippines Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay
Local to Philippines Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay
Founded 2000 2003
Headquarters Manila, Philippines Buenos Aires, Argentina
Popularity 40 views · 0 likes 55 views · 0 likes

Frequently asked questions

Which is cheaper, Maya or Mercado Pago?

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

Where are Maya and Mercado Pago available?

Maya: Philippines. Mercado Pago: Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay.

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