GrabPay vs Mercado Pago
GrabPay
grab.com
Mercado Pago
mercadopago.com.arSide by side
| Figure | GrabPay | Mercado Pago |
|---|---|---|
| Price from | Free | Free |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 2 | 8 |
| Spec score · Digital Wallet Apps | 8.7 (#7) | 9.0 (#2) |
| Spec score · Money Transfer Apps | 8.1 (#41) | 8.9 (#8) |
| Founded | 2012 | Mercado Pago was launched in 2003 as part of Mercado Libre's expansion. |
| Free plan | Yes | Yes |
| Payment methods | Users can top up wallet balance with PayNow, credit or debit cards, online banking and automatic top-up. | The payment link page says buyers can pay by credit card in installments, debit, cash, Mercado Pago balance, or Mercado Crédito where available. |
| Rating on G2 | 4.8 out of 5 from 7 reviews | 0 out of 5 from 0 reviews. |
| Rating on Google Play | 4.8 out of 5 from 16.6M reviews | 4.8 out of 5 from 14.3M reviews. |
| Rating on Trustpilot | 1.5 out of 5 from 907 reviews | 1.5 out of 5 from 382 reviews. |
| What it does | GrabPay combines wallet balance, linked cards and other payment methods for rides, food, shopping, bills and transfers. | Mercado Pago offers tools for receiving online and in-person payments, including payment links, QR codes, card readers, and e-commerce checkout integrations. |
Plans
Mercado Pago
- Cuenta digitalFree
- Cuenta gratisFree
- Link de pago — money available in 35 days$1.49, paid once
- Link de pago — money available in 18 days$3.39, paid once
- Link de pago — money available in 10 days$4.39, paid once
- Link de pago — money available instantly$6.29, paid once
- Cobro con QRPriced on request
- Link de pagoPriced on request
In their own words
Mercado Pago
Mercado Pago has no write-up on Specifiction yet; its figures are above.