Mercado Pago vs Xe Money Transfer
Mercado Pago
mercadopago.com.ar
Xe Money Transfer
xe.comSide by side
| Figure | Mercado Pago | Xe Money Transfer |
|---|---|---|
| Price from | Free | Free |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | — |
| Plans published | 8 | 1 |
| Spec score · Money Transfer Apps | 8.9 (#8) | 8.6 (#13) |
| Founded | Mercado Pago was launched in 2003 as part of Mercado Libre's expansion. | 1993 |
| Free plan | Yes | Yes |
| Mobile platforms | both | both |
| Transfer speed | instant | Transfer timing depends on currency, destination, and payment method; Xe says recipients typically receive transfers within 1 to 3 business days after Xe receives payment. |
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.
Xe Money Transfer
Xe Money Transfer sends international payments for individuals and businesses to over 190 countries in more than 130 currencies. Transfers are described as instant, and the exchange rate includes a markup. Fees vary by currency, destination and payment method; applicable charges are shown before confirmation. Depending on availability, customers can pay by direct debit (ACH), wire transfer, or debit or credit card. Recipients may receive funds by bank deposit, cash pickup or mobile wallet where available. Xe is available on the web and in iOS and Android apps, which support transfers, currency conversion, live exchange rates and transfer tracking. Users can set rate alerts and schedule transfers. Online limits vary by region, and payment methods may impose additional limits. Xe may request identity documents, with requirements varying by country. Xe says it uses encryption, multi-factor authentication, identity verification and fraud monitoring, and that it is globally regulated and complies with privacy regulations including GDPR and CCPA. Support is available through the app; Xe says its support team is available 24/5.