Mercado Pago: learn about the platform's main features

In recent years, digital transformation has revolutionized the way we manage money. In this scenario, Mercado Pago has established itself as one of the most comprehensive and accessible platforms in the country, offering a variety of financial services that make life easier for both consumers and entrepreneurs. Integrated into the Mercado Livre ecosystem, Mercado Pago goes far beyond a digital wallet—it's a robust and secure financial solution for those seeking convenience, control, and autonomy.

In this article, we'll introduce the platform's main features and show how it can be a useful ally in your daily life, whether for making payments, receiving sales, managing money, or even running a business.

What is Mercado Pago?

Mercado Pago is the fintech of the Mercado Livre group. Initially created as a payment method for purchases within the marketplace, the service quickly evolved into a full-fledged digital account. Today, anyone can open an account on the app and access a variety of financial services, including payments, transfers, receipts via POS terminals, prepaid or credit cards, QR Codes, Pix, and more.

Furthermore, the platform serves everyone from individual users to small entrepreneurs and large retailers, offering simple and effective solutions for all profiles.

Main features of Mercado Pago

1. Free digital account

The Mercado Pago account is free and can be opened in just a few minutes via the app. It allows users to move their money with complete control, without the need for a traditional bank. The account's main features include:

• Payment of bills and utility bills (water, electricity, telephone, etc.);
  
• Free transfers to any bank via Pix;
  
• Cell phone and transport card top-up;
  
• Check and control balance and statement in real time;
  
• Access to the physical and virtual card linked to the account.
  

The app's ease of use and intuitive interface make financial management simple and practical, even for those unfamiliar with technology.

2. Mercado Pago Card

The platform offers a card linked to the digital account, which can be used for in-person and online purchases. It is available in the following versions:

• Prepaid card: ideal for those who want to control their spending and avoid debt, as it only allows you to use the available balance.
  
• Credit card (subject to approval): offers more flexibility and can be used for installment purchases and recurring payments.
  

Both cards feature contactless payment technology and are integrated with the app, where you can track each transaction in real time, block or unblock the card, and set up usage alerts.

3. Card machine

For those who sell products or provide services, Mercado Pago offers card terminals with competitive rates and no rental fees. Models vary depending on sales volume and business needs, with simpler and more comprehensive options, such as:

• Point Mini Chip: practical, light and ideal for beginners;
  
• Point Pro 2: with receipt printing and larger screen;
  
• Point Smart: with Android system, ideal for those who need more features.
  

Payments received through card machines are deposited directly into the Mercado Pago account, and the seller can choose the payment term: immediately, in 14 days, or in 30 days, with different rates for each method.

4. Payment by QR Code

One of the platform's most popular features is QR Code payment, which works for both paying and receiving. For commercial establishments, it's possible to generate a fixed QR Code and display it at the counter or cashier. The customer scans the code with their phone, confirms the amount, and that's it: payment is made in seconds.

This technology has become increasingly common at fairs, events, small businesses and even among independent service providers, as it is simple, safe and instantaneous.

5. Bill payments and top-ups

Through the app, you can pay bills and invoices with just a few taps. Simply scan the barcode or enter the numbers manually. You can also schedule payments and receive reminders to avoid late payments.

Additionally, the app allows you to top up your cell phone and transportation bills using your account balance, ensuring greater convenience for your daily life.

6. Free and integrated Pix

Mercado Pago was one of the first fintechs to integrate Pix, the Central Bank's instant payment system. With it, users can send and receive money any day and time, free of charge and securely.

You can register Pix keys (CPF, email, phone number, or random key) in your Mercado Pago account, making transactions even easier.

7. Payment link

For those who sell remotely, whether through WhatsApp, social media, or an online store, Mercado Pago offers a payment link option. This tool allows you to create personalized invoices and send them to the customer, who can then choose the best payment method (card, Pix, or boleto).

This feature is very useful for small business owners who need agility in billing and security when receiving payments.

8. Mercado Pontos Program

By using Mercado Pago and Mercado Livre frequently, users accumulate points in the Mercado Pontos program. These points grant access to exclusive benefits, such as:

• Shipping discounts on Mercado Livre;
  
• Offers and promotions on partner services;
  
• Access to discount coupons;
  
• Special conditions in stores and digital services.
  

The more a user uses the platform's services, the more benefits they receive — a way to reward engagement and build customer loyalty.

9. Safety first

The platform invests heavily in digital security. All transactions are encrypted and authenticated by password or biometrics. Furthermore, users receive real-time notifications about account transactions, allowing them to identify any suspicious activity immediately.

The app also offers features such as temporarily blocking your card, changing your password, two-step verification, and 24/XNUMX support in case of questions or emergencies.

Why choose Mercado Pago?

Mercado Pago's biggest differentiator is its versatility. The platform isn't limited to a specific audience: it serves everyone from consumers who want to pay bills conveniently to entrepreneurs who need comprehensive solutions for selling, receiving, and managing money.

The absence of monthly fees and the flexibility of the services offered make Mercado Pago an affordable and efficient alternative. With just a cell phone and the app, you can manage all your finances in one place—no paperwork, no lines, and no hassle.