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PicPay logo

PicPay

Brazilian Social Payments

A popular Brazilian digital wallet and neobank known for social payment features and cashback rewards. PicPay offers a free digital account, payment cards, PIX integration, and peer-to-peer transfers within its large user base. A growing payment option for merchants targeting young, mobile-first Brazilian consumers.

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MercadoPago logo

MercadoPago

Latin American E-commerce

The dominant payment platform in Latin America, part of the MercadoLibre ecosystem. MercadoPago supports the full range of regional payment methods including cards, bank transfers, cash payments, and PIX in Brazil. Essential for any business expanding into Latin American markets where local payment methods are crucial for conversion.

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Detailed Comparison

Side-by-side feature breakdown

Fees
PicPay

~2-4%

MercadoPago

2-4% (varies by country)

Category
PicPayregional
MercadoPagoregional
Available Regions
PicPay
Latin America
MercadoPago
Latin America
Key Features
PicPay
✓
Instant Payments
✓
Startup Friendly
MercadoPago
✓
Instant Payments
✓
Startup Friendly
SDKs & Libraries
PicPay

1 Available

MercadoPago

7 Available

Payment Methods
PicPay

5 Supported

MercadoPago

17 Supported

Common Ground

Shared Regions

Latin America

Shared Features

Instant PaymentsStartup Friendly

View PicPay Details

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View MercadoPago Details

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