Mercado Pago is a digital payments and financial services brand operating in Chile, helping individuals and businesses manage money and make payments in one place. Through its app and digital account, customers can send and receive transfers, pay bills, receive their salary, top up public transport through bip! QR or a bip! card, and shop online. The account also offers money-on-balance earnings of up to 5% annually, with funds available for use; the service is provided through Banco BICE. Customers can access a free prepaid card accepted worldwide, installment purchases without a credit card at Mercado Libre and participating merchants, and payment and top-up services.

For businesses, Mercado Pago provides card payment terminals under Point, payment links, QR codes, website checkout, subscription plans, and credit offers intended to support business growth. It also offers tools for day-to-day business management, reseller opportunities, and developer resources. The brand provides a help center and security guidance, with customer support available around the clock.