Mercado Pago Overview
Mercado Pago is the leading online payment platform in Latin America, enabling users to conveniently send and receive money through various payment methods. It operates in seven countries: Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Uruguay, and supports the local currency of each country.
How to Set Up Mercado Pago Payment Gateway
Log in to Your Ivonto Admin Panel: Navigate to Settings → Payments in your admin panel.
Add Payment Method: Click on the "Add payment method" link.
Select Mercado Pago: If available with your store currency, select "Mercado Pago" as your payment provider. If not, follow the steps below to change your store currency.
Enable Payment Method: In the "Enable payment method" section, toggle the switch to enable Mercado Pago.
Enter Credentials: Enter the "Public Key" and "Access Token" from your Mercado Pago account. These can be found in your Mercado Pago account under Your Business → Settings → Management and Administration → Credentials.
Submit Credentials: Click on the Submit button.
Enable Sandbox Mode for Testing
Access More Options: On the same page, click on "More options."
Enable Sandbox Mode: Toggle the switch to enable Sandbox mode.
Enter Test Keys: Enter the same keys in the "test Secret key" input box to test the Mercado Pago payment method at checkout.
Mercado Pago Supported Currencies
Mercado Pago supports payments only in local currencies. Each country can only receive payments in its local currency. Here are the supported currencies:
Currency Name | Currency Code |
Argentine Peso | ARS |
Brazilian Real | BRL |
Chilean Peso | CLP |
Colombian Peso | COP |
Mexican Peso | MXN |
Peruvian Sol | PEN |
Uruguayan Peso | UYU |
Mercado Pago Isn't Available with Your Store Currency
If Mercado Pago isn't available due to your store currency, you need to change your store's currency.
How to Change Your Store's Currency
Navigate to General Settings: Go to Settings → General in your Ivonto admin panel.
Access Standards and Formats: Click on the "Standards and formats" settings.
Select Supported Currency: From the Currency dropdown menu, select a currency that Mercado Pago supports.
Additional Resources
Learn more about setting up a currency for your online store.
Read more about what to do if a payment gateway doesn't support your currency.