Overview
- Argentine users will be able to pay Brazilian merchants in reais using their Mercado Pago peso balance, with the conversion shown in the app before confirmation.
- Payments can be made by scanning a merchant’s QR code or entering a chave Pix, and the amount is debited instantly from the available balance.
- Mercado Pago says the feature will be enabled progressively over the coming weeks to reach users ahead of the 2025/26 travel season.
- PIX, created by Brazil’s central bank, is widely accepted nationwide, and Embratur reports over 2.9 million Argentine visitors from January to October with flights projected to rise 31.6% for summer.
- The launch intensifies competition with PIX-capable apps such as Belo, Astropay, Lemon, Cocos Capital and Dolar App, and follows Mercado Pago’s cross-border QR in Uruguay and PIX acceptance via Point Smart in Argentina.