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Mercado Pago vs Nagad
Mercado Pago and Nagad are both payment receiving platforms. On a $1,000 payment you keep about $940–$995 on Mercado Pago and $988.50 on Nagad, 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 $940–$995 on Mercado Pago and $988.50 on Nagad, before withdrawal or currency-conversion costs.
- Both pay out via Bank transfer. Only Mercado Pago offers Debit card. Only Nagad offers Agent cash-out.
- Mercado Pago is the older platform — founded in 2003, 15 years before Nagad (2018).
- Mercado Pago is based in Argentina, Nagad in Bangladesh.
Which should you choose?
Choose Mercado Pago if…
- You want to withdraw via Debit card.
- You prefer a long track record (since 2003).
Choose Nagad if…
- Keeping more of each payment matters most — its fee is lower.
- You want to withdraw via Agent cash-out.
Side by side
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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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Nagad
A major Bangladeshi mobile financial service for receiving payments and cash-out.
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|---|---|---|
| Type | Payment receiving like Payoneer | Payment receiving like Payoneer |
| Category | Payments | Payments |
| Vetted | No | No |
| Work from home | Yes | No |
| Fees | Free P2P, ~0.5-6% merchant receiving fees | Cash-out ~1.15% via app |
| Minimum payout | No minimum for Brazil person-to-person Pix, other methods unconfirmed | — |
| Payout speed | Brazil Pix transfers in real time, including outside banking hours | At a Nagad agent, after you enter the amount and your PIN in the app or by dialing *167# |
| Withdraw via | Bank transfer, Debit card | Agent cash-out, bank transfer |
| Availability | Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay | Bangladesh |
| Local to | Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay | Bangladesh |
| Founded | 2003 | 2018 |
| Headquarters | Buenos Aires, Argentina | Dhaka, Bangladesh |
| Popularity | 56 views · 0 likes | 45 views · 0 likes |
Frequently asked questions
Which is cheaper, Mercado Pago or Nagad?
On a $1,000 payment you keep about $940–$995 on Mercado Pago and $988.50 on Nagad, before withdrawal or currency-conversion costs.
How fast do Mercado Pago and Nagad pay out?
Mercado Pago: Brazil Pix transfers in real time, including outside banking hours. Nagad: At a Nagad agent, after you enter the amount and your PIN in the app or by dialing *167#.
Where are Mercado Pago and Nagad available?
Mercado Pago: Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay. Nagad: Bangladesh.