MercadoLibre to start integrating Bitcoin payments

The region has been tipped as a hotbed for Bitcoin as users seek alternatives to their local currency, and easier ways to pay online. However, startups still have various hurdles to overcome.

It is not yet clear when the roll out will occur, nor which of MercadoLibres 13 countries will be supported.

According to the company, the integration will be subtle and merchants will only know they have been paid in the digital currency via a note in their transaction history.

Like any other transaction, they will be able to cash out from MercadoPago in the payment method of their choice.

the paypers logo

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

 

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

 



No part of this site can be reproduced without explicit permission of The Paypers (v2.7).

Privacy Policy / Cookie Statement

Copyright