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Mercado Pago vs Xendit
Only Xendit · 156
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Pick where your business is registered. Add up to two more providers.
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For a business registered in
Onboards businesses in United States
Mercado Pago
Not availableXendit
LimitedAccept payments
Mercado Pago
Online payments through Checkout Pro (hosted by Mercado Pago), Checkout API / Checkout Transparente (on your site), Checkout Bricks (embeddable components), payment links and subscriptions. Methods include cards, local bank transfers, cash vouchers, Mercado Pago account balance and card-free installments, varying by country.Not for businesses in United States.Xendit
Payments API, payment sessions and links, subscriptions, plug-ins and in-person QR payments. Local methods in Indonesia, the Philippines, Malaysia, Thailand and Vietnam (virtual accounts, e-wallets, QR, direct debit, over-the-counter, BNPL, cards), plus cards and PayNow in Singapore and cards in Hong Kong and Mexico.Not for businesses in United States.Pay people abroad
Mercado Pago
Not offeredXendit
Payouts via API or batch to bank accounts and e-wallets in 14 corridors: Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Singapore, Mexico, Hong Kong, China, Australia, SEPA (EUR), South Korea, the UK and the US.Multi-currency account
Mercado Pago
A free Mercado Pago business account holds sales proceeds in local currency. Confirmed on the Brazil and Mexico seller pages only.Not for businesses in United States.Xendit
Multi-currency balances: businesses in Singapore, Hong Kong and the Philippines can add a USD balance alongside their local-currency balance and convert between them. Not a bank account.Not for businesses in United States.Business cards
Mercado Pago
In Mexico, sellers get a free card to spend the money from their sales.Not for businesses in United States.Xendit
Not offeredStablecoins
Mercado Pago
Not offeredXendit
Not offeredYield on idle cash
Mercado Pago
Not offeredXendit
Not offeredYield on idle cash
A return on money you are not using. How safe it is depends on where the return comes from, not on how high the rate is.
Where the return comes from
Mercado Pago
No yield offeredXendit
No yield offeredIs the money protected?
Mercado Pago
–Xendit
–Does the rate change?
Mercado Pago
–Xendit
–Platform & marketplace
Run payments for other businesses: sign them up, take a cut, pay them out.
Sub-accounts for your users
Mercado Pago
PartlyPlatforms connect sellers' own Mercado Pago accounts through OAuth and act on their behalf. Creating accounts for sellers through an API was not found.Xendit
YesxenPlatform sub-accounts for your merchants; KYC is either submitted by the platform or completed by the sub-account's authorised representative through an invite link.Split payments and platform fees
Mercado Pago
YesMarketplace integrations split each payment between seller and marketplace; the platform sets its commission with marketplace_fee. Confirmed on the Brazil docs.Xendit
YesxenPlatform split rules deduct a platform fee or split a payment between parties, in the same currency.Embeddable UI
Mercado Pago
YesCheckout Bricks are pre-built, customisable payment components (Payment, Card Payment, Wallet, Status Screen) that run on the seller's site.Xendit
PartlyXendit Components embed Xendit-managed payment UI in your web or mobile app. No embeddable onboarding or payout components were found (sub-account verification uses an invite link).Pay out to your users
Mercado Pago
Not confirmedNot found in public materials.Xendit
YesPayouts to bank accounts and e-wallets in 14 corridors, including cross-border; payouts to sub-account merchants' bank accounts via xenPlatform.Embedded finance for your users
Give your users financial products under your brand.
Accounts that hold money
Mercado Pago
Not confirmedNot found in public materials. Mercado Pago runs its own consumer and seller accounts, but an API for platforms to open accounts for their users was not found.Xendit
PartlyEach xenPlatform sub-account holds its own isolated balance. These are not bank accounts with account numbers.Cards for your users
Mercado Pago
Not confirmedNot found in public materials.Xendit
Not confirmedNot found in public materials (provider's own pages checked).Financing for your users
Mercado Pago
Not confirmedNot found in public materials. Mercado Pago offers credit to its own sellers, but no lending product for platforms was found.Xendit
Not confirmedNot found in public materials (provider's own pages checked). The website lists a 'Financing' product but its page could not be loaded (HTTP 403).Consumer apps
Build for individuals, not just businesses, the way Bridge allows.
End users can be individuals
Mercado Pago
Not confirmedNot found in public materials.Xendit
Not confirmedNot found in public materials (provider's own pages checked). Payout coverage lists C2C and C2B use cases in Indonesia, the Philippines, Thailand and Vietnam, but consumer KYC on sub-accounts is not documented.Consumer wallets or accounts
Mercado Pago
Not confirmedNot found in public materials.Xendit
Not confirmedNot found in public materials (provider's own pages checked). The website lists 'E Money As A Service' but its page could not be loaded (HTTP 403).Consumer cards
Mercado Pago
Not confirmedNot found in public materials.Xendit
Not confirmedNot found in public materials (provider's own pages checked).Stablecoins
Dollar-backed tokens as a payment and treasury rail.
Accept stablecoins
Mercado Pago
Not confirmedNot found in public materials.Xendit
Not confirmedNot found in public materials (provider's own pages checked).Hold stablecoin balances
Mercado Pago
Not confirmedNot found in public materials.Xendit
Not confirmedNot found in public materials (provider's own pages checked).Pay out in stablecoins
Mercado Pago
Not confirmedNot found in public materials.Xendit
Not confirmedNot found in public materials (provider's own pages checked).Issue your own stablecoin
Mercado Pago
Not confirmedNot found in public materials.Xendit
Not confirmedNot found in public materials (provider's own pages checked).Regulatory risk in United States
Mercado Pago
No stablecoin productsXendit
No stablecoin productsAI agents
Build with AI tools, and let AI agents shop and pay.
Official MCP server
Mercado Pago
YesOfficial remote MCP server. Tools cover searching the docs, managing applications (OAuth only), configuring webhooks, creating test users and measuring integration quality. It is integration tooling, not payment execution.Xendit
Not confirmedNo MCP server is published in Xendit's docs (its docs index, llms.txt, lists none). Community servers on GitHub are not official.Checkout for AI agents
Mercado Pago
PartlyCommerce Agents Checkout (open-source Python library, beta 0.1.0; post dated 24 Sep 2026) hands an AI agent's flow off to Checkout Pro without giving the model control of prices, credentials or payment creation. The buyer still pays in Checkout Pro; it is not an ACP/AP2 implementation.Xendit
Not confirmedNot found in public materials (provider's own pages checked).Cards for AI agents
Mercado Pago
Not confirmedNot found in public materials.Xendit
Not confirmedNot found in public materials (provider's own pages checked).Working with them
How easy it is to get started.
Self-serve signup
Mercado Pago
Not confirmedNot researched yet.Xendit
Not confirmedNot researched yet.Published pricing
Mercado Pago
Not confirmedNot researched yet.Xendit
Not confirmedNot researched yet.Public API and sandbox
Mercado Pago
Not confirmedNot researched yet.Xendit
Not confirmedNot researched yet.In short
Countries onboarded
Mercado Pago
7 of 170Xendit
7 of 170Designed for
Mercado Pago
Sellers in one of its seven Latin American countries who sell to local customers and want Pix, OXXO, cash vouchers, card-free installments and Mercado Pago wallet payments.Xendit
Businesses that need local payment methods and payouts across Indonesia, the Philippines, Malaysia, Thailand and Vietnam from one account.Limitations
Mercado Pago
Each account works in one country and currency. Businesses outside the seven countries cannot sign up themselves; Cross Border (USD withdrawal abroad) has to be set up by Mercado Pago's team.Xendit
Local payment methods cover only Xendit's own markets, businesses incorporated elsewhere cannot activate cards in Indonesia, the Philippines or Thailand, and a USD 50 monthly minimum fee applies.| Mercado Pago Regional processor | Xendit Regional processor | |
|---|---|---|
| Onboards businesses in United States | Not available | Limited |
| Accept payments | Online payments through Checkout Pro (hosted by Mercado Pago), Checkout API / Checkout Transparente (on your site), Checkout Bricks (embeddable components), payment links and subscriptions. Methods include cards, local bank transfers, cash vouchers, Mercado Pago account balance and card-free installments, varying by country.Not for businesses in United States. | Payments API, payment sessions and links, subscriptions, plug-ins and in-person QR payments. Local methods in Indonesia, the Philippines, Malaysia, Thailand and Vietnam (virtual accounts, e-wallets, QR, direct debit, over-the-counter, BNPL, cards), plus cards and PayNow in Singapore and cards in Hong Kong and Mexico.Not for businesses in United States. |
| Pay people abroad | Not offered | Payouts via API or batch to bank accounts and e-wallets in 14 corridors: Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Singapore, Mexico, Hong Kong, China, Australia, SEPA (EUR), South Korea, the UK and the US. |
| Multi-currency account | A free Mercado Pago business account holds sales proceeds in local currency. Confirmed on the Brazil and Mexico seller pages only.Not for businesses in United States. | Multi-currency balances: businesses in Singapore, Hong Kong and the Philippines can add a USD balance alongside their local-currency balance and convert between them. Not a bank account.Not for businesses in United States. |
| Business cards | In Mexico, sellers get a free card to spend the money from their sales.Not for businesses in United States. | Not offered |
| Stablecoins | Not offered | Not offered |
| Yield on idle cash | Not offered | Not offered |
| Yield on idle cashA return on money you are not using. How safe it is depends on where the return comes from, not on how high the rate is. | ||
| Where the return comes from | No yield offered | No yield offered |
| Is the money protected? | – | – |
| Does the rate change? | – | – |
| Platform & marketplaceRun payments for other businesses: sign them up, take a cut, pay them out. | ||
| Sub-accounts for your users | PartlyPlatforms connect sellers' own Mercado Pago accounts through OAuth and act on their behalf. Creating accounts for sellers through an API was not found. | YesxenPlatform sub-accounts for your merchants; KYC is either submitted by the platform or completed by the sub-account's authorised representative through an invite link. |
| Split payments and platform fees | YesMarketplace integrations split each payment between seller and marketplace; the platform sets its commission with marketplace_fee. Confirmed on the Brazil docs. | YesxenPlatform split rules deduct a platform fee or split a payment between parties, in the same currency. |
| Embeddable UI | YesCheckout Bricks are pre-built, customisable payment components (Payment, Card Payment, Wallet, Status Screen) that run on the seller's site. | PartlyXendit Components embed Xendit-managed payment UI in your web or mobile app. No embeddable onboarding or payout components were found (sub-account verification uses an invite link). |
| Pay out to your users | Not confirmedNot found in public materials. | YesPayouts to bank accounts and e-wallets in 14 corridors, including cross-border; payouts to sub-account merchants' bank accounts via xenPlatform. |
| Embedded finance for your usersGive your users financial products under your brand. | ||
| Accounts that hold money | Not confirmedNot found in public materials. Mercado Pago runs its own consumer and seller accounts, but an API for platforms to open accounts for their users was not found. | PartlyEach xenPlatform sub-account holds its own isolated balance. These are not bank accounts with account numbers. |
| Cards for your users | Not confirmedNot found in public materials. | Not confirmedNot found in public materials (provider's own pages checked). |
| Financing for your users | Not confirmedNot found in public materials. Mercado Pago offers credit to its own sellers, but no lending product for platforms was found. | Not confirmedNot found in public materials (provider's own pages checked). The website lists a 'Financing' product but its page could not be loaded (HTTP 403). |
| Consumer appsBuild for individuals, not just businesses, the way Bridge allows. | ||
| End users can be individuals | Not confirmedNot found in public materials. | Not confirmedNot found in public materials (provider's own pages checked). Payout coverage lists C2C and C2B use cases in Indonesia, the Philippines, Thailand and Vietnam, but consumer KYC on sub-accounts is not documented. |
| Consumer wallets or accounts | Not confirmedNot found in public materials. | Not confirmedNot found in public materials (provider's own pages checked). The website lists 'E Money As A Service' but its page could not be loaded (HTTP 403). |
| Consumer cards | Not confirmedNot found in public materials. | Not confirmedNot found in public materials (provider's own pages checked). |
| StablecoinsDollar-backed tokens as a payment and treasury rail. | ||
| Accept stablecoins | Not confirmedNot found in public materials. | Not confirmedNot found in public materials (provider's own pages checked). |
| Hold stablecoin balances | Not confirmedNot found in public materials. | Not confirmedNot found in public materials (provider's own pages checked). |
| Pay out in stablecoins | Not confirmedNot found in public materials. | Not confirmedNot found in public materials (provider's own pages checked). |
| Issue your own stablecoin | Not confirmedNot found in public materials. | Not confirmedNot found in public materials (provider's own pages checked). |
| Regulatory risk in United States | No stablecoin products | No stablecoin products |
| AI agentsBuild with AI tools, and let AI agents shop and pay. | ||
| Official MCP server | YesOfficial remote MCP server. Tools cover searching the docs, managing applications (OAuth only), configuring webhooks, creating test users and measuring integration quality. It is integration tooling, not payment execution. | Not confirmedNo MCP server is published in Xendit's docs (its docs index, llms.txt, lists none). Community servers on GitHub are not official. |
| Checkout for AI agents | PartlyCommerce Agents Checkout (open-source Python library, beta 0.1.0; post dated 24 Sep 2026) hands an AI agent's flow off to Checkout Pro without giving the model control of prices, credentials or payment creation. The buyer still pays in Checkout Pro; it is not an ACP/AP2 implementation. | Not confirmedNot found in public materials (provider's own pages checked). |
| Cards for AI agents | Not confirmedNot found in public materials. | Not confirmedNot found in public materials (provider's own pages checked). |
| Working with themHow easy it is to get started. | ||
| Self-serve signup | Not confirmedNot researched yet. | Not confirmedNot researched yet. |
| Published pricing | Not confirmedNot researched yet. | Not confirmedNot researched yet. |
| Public API and sandbox | Not confirmedNot researched yet. | Not confirmedNot researched yet. |
| In short | ||
| Countries onboarded | 7 of 170 | 7 of 170 |
| Designed for | Sellers in one of its seven Latin American countries who sell to local customers and want Pix, OXXO, cash vouchers, card-free installments and Mercado Pago wallet payments. | Businesses that need local payment methods and payouts across Indonesia, the Philippines, Malaysia, Thailand and Vietnam from one account. |
| Limitations | Each account works in one country and currency. Businesses outside the seven countries cannot sign up themselves; Cross Border (USD withdrawal abroad) has to be set up by Mercado Pago's team. | Local payment methods cover only Xendit's own markets, businesses incorporated elsewhere cannot activate cards in Indonesia, the Philippines or Thailand, and a USD 50 monthly minimum fee applies. |
Common questions
Is Mercado Pago or Xendit available in more countries?
Xendit. Of the 170 countries we track, Mercado Pago onboards businesses in 7 and Xendit in 7 (and 156 more with limits). Both serve businesses in 7. Only Xendit: United States, Canada, United Kingdom, Ireland, Germany, France, Netherlands, Belgium, Luxembourg, Austria, Spain, Portugal and 144 more.
What do Mercado Pago and Xendit offer?
Accept payments: Mercado Pago yes, Xendit yes. Pay people abroad: Mercado Pago no, Xendit yes. Multi-currency account: Mercado Pago yes, Xendit yes. Business cards: Mercado Pago yes, Xendit no. Stablecoins: Mercado Pago no, Xendit no. Yield on idle cash: Mercado Pago no, Xendit no.
How do Mercado Pago and Xendit differ for platforms and embedded finance?
Sub-accounts for your users: Mercado Pago partly, Xendit yes. Embeddable UI: Mercado Pago yes, Xendit partly. Pay out to your users: Mercado Pago not confirmed, Xendit yes. Accounts that hold money: Mercado Pago not confirmed, Xendit partly. Official MCP server: Mercado Pago yes, Xendit not confirmed. Checkout for AI agents: Mercado Pago partly, Xendit not confirmed.
Who is Mercado Pago designed for?
Sellers in one of its seven Latin American countries who sell to local customers and want Pix, OXXO, cash vouchers, card-free installments and Mercado Pago wallet payments. Limitations: Each account works in one country and currency. Businesses outside the seven countries cannot sign up themselves; Cross Border (USD withdrawal abroad) has to be set up by Mercado Pago's team.
Who is Xendit designed for?
Businesses that need local payment methods and payouts across Indonesia, the Philippines, Malaysia, Thailand and Vietnam from one account. Limitations: Local payment methods cover only Xendit's own markets, businesses incorporated elsewhere cannot activate cards in Indonesia, the Philippines or Thailand, and a USD 50 monthly minimum fee applies.
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