PayPal, which has acquired a stake in MercadoLibre, will become a payment option on the Mercado Pago online checkout for customers in Brazil and Mexico, allowing PayPal's customers to gain access to thousands of merchants on the site.
PayPal will also be accepted on the MercadoLibre marketplace in Brazil and Mexico for cross-border purchases. Lastly, MercadoPago will be available as a payment option at PayPal merchants around the world.
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