Send money to Mercado Pago Wallet

Mercado Pago is a digital payments platform launched in 1999 by Mercado Libre, Latin America’s largest e-commerce company. While Mercado Pago is available in 18 countries with over 65 million users, the Mercado Pago Wallet is currently only available in Mexico. In 2023, it had over 38 million active users in Mexico, making it one of the country’s most popular digital financial solutions.

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How to send money to Mercado Pago Wallet

Open the Ria app or website

Log in or create a Ria Money Transfer account online or download the Ria app to get started.

Choose the delivery method

Select "Digital Wallets - Mercado Pago." Then enter the recipient’s details and ensure they have a Mercado Pago Wallet account. 

Select your payment method

Pay using your bank account, credit card, or debit card. 

Confirm the transfer

Review the details and complete your transaction. 

What is Mercado Pago Wallet?

Mercado Pago Wallet is a digital wallet designed to simplify how users send, receive, and manage money. It allows you to use your available balance to make transactions. These include transferring money to a bank or other Mercado Pago Wallet users, withdrawing cash, and accessing credit and investment options.

How does Mercado Pago Wallet work?

Mercado Pago Wallet is a digital account in Mexico that lets users store, send, and manage money easily. You can add funds via bank transfers or cash deposits, send money to bank accounts or other users, pay bills and shop with QR codes, and withdraw cash at ATMs or convenience stores. It also offers investment options with up to 15% returns and access to Mercado Crédito loans.

What currency does Mercado Pago Wallet accept?  

Since Mercado Pago Wallet is only available in Mexico, it exclusively accepts Mexican Pesos (MXN) for all transactions, including deposits, transfers, and withdrawals. However, you can use Ria Money Transfer to send money to Mexico in currencies like USD to your loved one's Mercado Pago Wallet.

Is Mercado Pago Wallet considered safe?

Yes, Mercado Pago Wallet is a secure platform. It is authorized, regulated, and supervised by the CNBV, the Bank of Mexico, and CONDUSEF, in accordance with the Law for the Regulation of Financial Technology Institutions.

How much does it cost to send money to Mercado Pago Wallet?

The cost of sending money to Mercado Pago Wallet with Ria depends on the transfer amount, currency, and the country you're sending from. Use Ria’s online payment calculator to check the fees for your transaction. 

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    Mercado Pago Wallet FAQ

    How can I set up a Mercado Pago Wallet account?  

    Can I use Mercado Pago Wallet for international transfers?

    What are the limits for receiving remittances in Mercado Pago Wallet?

    What details do I need to send money to Mercado Pago Wallet? 

    How long does it take to transfer money to Mercado Pago Wallet? 

    Can I withdraw cash from Mercado Pago Wallet?

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    Send money to Mercado Pago Wallet today

    Enjoy fast, hassle-free money transfers to Mexico with Ria Money Transfer. Send money to Mercado Pago Wallet today and stay connected with your loved ones—no matter the distance!