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Mercado Pago vs Skrill

Mercado Pago and Skrill are both payment receiving platforms. On a $1,000 payment you keep about $940–$995 on Mercado Pago and $955.10–$972 on Skrill, 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 $955.10–$972 on Skrill, before withdrawal or currency-conversion costs.
  • Both pay out via Bank transfer and Debit card. Only Skrill offers Crypto.
  • Skrill is the older platform — founded in 2001, 2 years before Mercado Pago (2003).
  • Mercado Pago is based in Argentina, Skrill in United Kingdom.
  • Mercado Pago focuses on Argentina, Brazil and Mexico, while Skrill operates internationally.

Which should you choose?

Choose Mercado Pago if…

  • You live in Argentina, Brazil or Mexico.

Choose Skrill if…

  • You want to withdraw via Crypto.

Side by side

Mercado Pago Latin America biggest payments app - anyone can receive via QR codes, payment links, and card readers, with or… Visit Skrill A digital wallet long popular with freelancers and online workers for receiving and sending money internationa… Visit
Type Payment receiving like Payoneer Payment receiving like Payoneer
Category Payments Payments
Vetted No No
Work from home Yes Yes
Fees Free P2P, ~0.5-6% merchant receiving fees Free to receive, 2.99% to send, 2.8% withdrawal (min EUR 3.50), 4.49% FX
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 —
Withdraw via Bank transfer, Debit card Bank transfer, Debit card, Crypto
Availability Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay Worldwide
Local to Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay —
Founded 2003 2001
Headquarters Buenos Aires, Argentina London, United Kingdom
Popularity 56 views · 0 likes 38 views · 0 likes

Frequently asked questions

Which is cheaper, Mercado Pago or Skrill?

On a $1,000 payment you keep about $940–$995 on Mercado Pago and $955.10–$972 on Skrill, before withdrawal or currency-conversion costs.

Where are Mercado Pago and Skrill available?

Mercado Pago: Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay. Skrill: Worldwide.