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Mercado Pago vs TrueMoney

Mercado Pago and TrueMoney are both payment receiving platforms. On a $1,000 payment you keep about $940–$995 on Mercado Pago and $1,000 on TrueMoney, 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 $1,000 on TrueMoney, before withdrawal or currency-conversion costs.
  • Both pay out via Bank transfer. Only Mercado Pago offers Debit card. Only TrueMoney offers ATM/7-Eleven cash-out.
  • Mercado Pago is based in Argentina, TrueMoney in Thailand.

Which should you choose?

Choose Mercado Pago if…

  • You want to withdraw via Debit card.

Choose TrueMoney if…

  • Keeping more of each payment matters most — its fee is lower.
  • You want to withdraw via ATM/7-Eleven cash-out.

Side by side

Mercado Pago Latin America biggest payments app - anyone can receive via QR codes, payment links, and card readers, with or… Visit TrueMoney A Southeast Asian e-wallet for receiving payments, transfers, and bill pay. Visit
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 Free top-up/payments, ~20 THB bank transfer
Withdraw via Bank transfer, Debit card Bank transfer, ATM/7-Eleven cash-out
Availability Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay Thailand + SEA markets
Local to Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay Thailand, Cambodia, Myanmar, Vietnam
Founded 2003 2003
Headquarters Buenos Aires, Argentina Bangkok, Thailand
Popularity 55 views · 0 likes 45 views · 0 likes

Frequently asked questions

Which is cheaper, Mercado Pago or TrueMoney?

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

Where are Mercado Pago and TrueMoney available?

Mercado Pago: Argentina, Brazil, Mexico, Chile, Colombia, Peru, Uruguay. TrueMoney: Thailand + SEA markets.

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