Regional processor · Asia-Pacific
Does Mercado Pago work in South Korea?
Mercado Pago does not onboard businesses registered in South Korea.
What a business in South Korea can use
Mercado Pago’s products, for a company incorporated in South Korea.
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.
Mercado Pago does not offer this.
A free Mercado Pago business account holds sales proceeds in local currency. Confirmed on the Brazil and Mexico seller pages only.
In Mexico, sellers get a free card to spend the money from their sales.
Mercado Pago does not offer this.
Mercado Pago does not offer this.
Mercado Pago's checkout products are available in Argentina, Brazil, Chile, Colombia, Mexico, Peru and Uruguay, through a seller account on that country's site. Outside these seven countries, its sales team can set up a Cross Border account that collects in local currency and pays out in USD to a bank abroad, but Mercado Pago publishes no list of eligible seller countries.
Onboarding confidence: medium. Source: Mercado Pago Developers: Checkout Pro (Availability by country). Everything about Mercado Pago
Alternatives in South Korea
Other providers that serve businesses registered there.
Accept payments
Pay people abroad
Multi-currency account
Yield on idle cash
Selling to South Korea
How people there prefer to pay online.
- 1Local cards
- 2KakaoPay
- 3Naver Pay
- 4Toss Pay
Stablecoin rules in South Korea
Stablecoin rules are being written and may change.
Common questions
Does Mercado Pago work in South Korea?
No. Mercado Pago does not onboard businesses registered in South Korea.
What are the alternatives to Mercado Pago in South Korea?
Providers that onboard businesses registered in South Korea: PayPal, Airwallex, Wise Business, Payoneer, Paddle, Polar, Gumroad, FastSpring and 3 more. With limits: BVNK, Rain, Flutterwave, Razorpay and Xendit.
Mercado Pago elsewhere in Asia-Pacific