Argentina: SMEs on Mercado Pago before and during the COVID-19 pandemic 2020

Published by
Stephanie Chevalier,
Feb 22, 2022
Just before the COVID-19 outbreak, there were fewer than 30 thousand small and medium-sized enterprises (SMEs) from Argentina on Mercado Pago, a fintech owned by Mercado Libre. During the pandemic, as of May 2020, Mercado Pago's solutions were used by over 64.3 thousand SMEs in Argentina, an increase of 115 percent.

Number of small and medium-sized enterprises (SMEs) on Mercado Pago before and during the COVID-19 outbreak in Argentina as of May 2020 (in 1,000s)

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Release date

June 2020

Region

Argentina, Central and South America

Survey time period

March 20 to May 20, 2020

Special properties

only SMEs with more than 50 transactions per month

Supplementary notes

Figures calculated by Statista based on data provided by the source.
Numbers have been rounded.

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