The 8 best alternatives to Mercado Pago in Argentina

In Argentina, Mercado Pago is the most used payment gateway, but it is not always the best option for businesses with recurring payments or other needs. In this article, we tell you about 8 alternatives that offer flexibility and support so you can get paid without complications.

8 reliable alternatives to Mercado Pago for payment in Argentina

Mercado Pago is a digital payment platform created by Mercado Libre to manage online payments through multiple payment methods and tools such as payment links, QR code, Point readers and checkout.

However, it is not the only option available. In the Argentine fintech ecosystem there are other solutions that also allow secure, fast and adapted to different business models.

Here are 11 alternatives to Mercado Pago that are worth considering.

1. Rebill

Rebill is a payment infrastructure designed for companies that want to operate in Argentina or are looking to expand to other Latin American markets without the need to open local entities. 

Soon, it will also be available for local companies in Argentina. If you want to find out before anyone else, secure your priority access now.

It is especially designed for companies in sectors such as SaaS, EdTech, HealthTech and eCommerce. Its payment solution stands out for offering a customizable checkout , powered with intelligent rules that can increase conversion by up to 35%. 

In addition, it improves the payment approval rate by 20% compared to the international average and allows recovering up to 71% of rejected payments thanks to its optimized collection logic. 

Rebill also offers a transparent and fixed exchange rate at the time of the transaction, which facilitates the financial management of international collections.

It operates in the main Latin American markets and with the main payment methods in Argentina, including installment payments, digital wallets, bank transfers, among others.

It is ideal for automatic payments, monthly plans and subscription models.

2. Cloud Payment

This tool developed by Tiendanube facilitates the collection of online sales. Its fee structure is competitive, affordable and eliminates the cost per transaction for stores that already have an active Tiendanube plan.

The benefits of Pago Nube are the transaction bonus, integrated checkout , high security standards and preferential conditions to operate with multiple payment methods: transfers, debit card, credit card, simple installments or installments with and without interest.  

3. PayU

It is a platform that offers payment solutions to both small businesses and large corporations. It allows merchants to accept different payment methods such as debit and credit cards, bank transfers and cash payments through local networks.

4. PayPal

PayPal's presence in Argentina has been limited compared to other countries, but it remains an option for international transactions. 

PayPal allows the company's website or online store to accept linked debit and credit cards (Visa, MasterCard, American Express), linked bank accounts (in countries where the option is available) and PayPal.

5. Mobbex

It is an Argentine fintech specialized in payment solutions for electronic and physical commerce. In 2023, it enabled cryptocurrency payments through an alliance with Binance Pay.

Mobbex also works with credit cards, debit cards, bank transfers and cash payments.

6. Payway

It is a gateway of Prisma Medios de Pago, which absorbed Todo Pago in June 2022. It is for companies with high sales volume that seek to operate with their own establishment number in gateway mode. 

Payway offers online payment management, custom integrations and automated financial reconciliation. It accepts debit and credit cards, QR payments, bank transfer and automatic debit.

7. Ualá Bis

Ualá's payment gateway is designed to facilitate online payments. Originally intended for small businesses and entrepreneurs, it now also offers solutions for companies looking for fast integration, simplicity and a clear cost structure. 

8. Openpay

This service developed by BBVA allows sales to be charged with credit, debit and prepaid cards. It also receives transfers from virtual accounts (CVU) and bank accounts (CBU) and offers installment payments.

For online sales, the payment link is used by WhatsApp, email or social networks. If it is a physical location, you can charge by QR code and Openpay Mini card reader.

Why look for alternatives to Mercado Pago in Argentina?

Although Mercado Pago is the most widely used payment gateway in Argentina, many companies begin to look for other options when faced with certain needs, especially when they handle recurring payments or need to operate in several Latin American countries.

Among the main challenges that arise when scaling with this platform are:

• Limited scalability: selling in different countries requires opening local accounts, which complicates regional expansion and revenue reconciliation.
• Lack of agile and personalized support: automated support makes it difficult to solve specific or urgent problems.
• Costs and commissions: the highest in the market.
• Lack of advanced tools: especially in subscription models, where more robust automations are required.

What about subscriptions in Mercado Pago?

The management of subscriptions is usually one of the most critical points. In this type of operations, Mercado Pago usually presents limitations such as:

• Technical complexity: setting up subscriptions involves working with keys, endpoints and custom logic, which can be a barrier for SMBs or businesses without a technical team.
• Generic support: without personalized follow-up, scaling a membership model becomes risky and costly.

Keep in mind that expanding your alternatives with another payment processor can help you:

• Reduce the risk of payment rejections
• Improve customer experience
• Optimize your foreign exchange margins
• Diversify against potential crashes or lockouts of a single platform

Solutions like Rebill offer agile support, personalized onboarding and tools designed for businesses that need more than a standard solution. If your company is growing or has more complex needs, considering alternatives like this can make a big difference.

What to consider when choosing a collection alternative in Argentina?

If you are evaluating new payment infrastructures for your business in Argentina, it is important to consider more than just price. Here are some key variables that will help you make a better decision:

• Transaction fees and interest rates
• Time of accreditation (in real time or in business days)
• Ease of integration. Choose platforms that offer a robust API, SDKs or low-code solutions to implement quickly without overloading the technical team.
• Support for multiple payment methods such as credit cards, debit cards, wire transfers, virtual wallets and cash payments.
• Security and compliance: the gateway must have certifications such as PCI DSS, data encryption and anti-fraud tools to generate user confidence.
• Adaptation to the local market. If the platform understands the particularities of the Argentinean market and the dynamics of the countries in the region, you will have advantages for your business.

Keep in mind that the most popular option is not always the best for your business. Avoid relying on a single option to grow more safely and efficiently.

Evaluate alternatives with flexibility and specialized support. Try Rebill today and start optimizing your collections in Argentina.