Mercado Pago in Argentina: key figures during the COVID-19 pandemic 2020

Published by
Stephanie Chevalier,
Sep 23, 2021
As of May 2020, the number of transactions made through Mercado Pago – a fintech owned by Mercado Libre – in Argentina increased by 29 percent compared to prior to the COVID-19 outbreak. Meanwhile, Mercado Pago's revenue increased by 79 percent. Overall, 838 million payment transactions were made through Mercado Pago in 2019.

Change in Mercado Pago's transactions and revenue during the COVID-19 pandemic in Argentina as of May 2020

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Release date

June 2020

Region

Argentina, Central and South America

Survey time period

March 20 to May 20, 2020

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