For many Brazilians, the ease of buying and selling using the Mercado Pago app or website is already well known. After all, there are almost 200,000 transactions per second in Latin America, according to the company’s own data in 2022. And Brazil handles a large part of the more than US$ 120 billion in volume of payments made last year.
Mercado Pago, close to completing 20 years in the country, offers the opportunities of a complete digital bank and has been contributing to financial inclusion and the promotion of entrepreneurship in Brazil. With its tools and catalog of services, it enables micro and small businesses to access financing and services that help them grow in a fairer and more competitive way.
Thus, it is not surprising that the digital bank is considered one of the best partners to help sellers conduct their day-to-day business and leverage their sales.
Small and medium entrepreneurs expect to grow 30%
A recent Mercado Pago survey of 9,879 small and medium-sized entrepreneurs from both the digital bank and Mercado Livre showed that most estimate growth above double digits this year, with the expectation, for 35% of them, of 30%.
With the greater adhesion of millions of users to the broad portfolio of means of payment, financial services and the exclusive advantages to sell on the Free Market, the impact on small businesses is guaranteed.
Tools for everyday life: more time to strategize
In addition to the well-known machines, entrepreneurs also use credit, investment, insurance and benefits management solutions. With these instruments in hand, Iuri Maia, head of branding at Mercado Pago, believes that the solutions offered by the company “are instruments to facilitate the day-to-day business”.
“We visited small and medium-sized entrepreneurs and in conversations with them, we heard a lot that they do many things at the same time in the business”, says Iuri. Thus, better orchestrating the different faces of the company, they can adjust the focus to create growth strategies.
Opportunities to orchestrate your business
The Mercado Pago survey revealed that there is a lot of room for growth on new fronts, new niches and audiences. Of the nearly 10,000 entrepreneurs, 51% operate only in physical retail, with a point of sale, while 43% have a physical point and also sell online.
“To support them in achieving this growth goal, we have all the solutions to help them enter e-commerce, one of the main ways to expand sales”, reinforces Iuri Maia, mentioning integrated financial services.
Far beyond the machine: credit and investment
Card machines, which accept different forms of payment and make transactions simple and secure, are used by almost all of Mercado Pago’s millions of customers. At fixed points or going to consumers, companies receive payments from their customers in a practical and fast way, without complications.
But the instruments available to businessmen go far beyond machines. The company offers tailor-made credit, an impetus for entrepreneurs to invest in business growth. With flexible options and competitive rates, the company offers financial resources that drive new ideas and projects.
Complementing the integrated financial services, the Mercado Pago ecosystem brings accessible investment options, a portfolio that exceeds 21 million customers.
Digital Account and Free Market Resources
Mercado Pago is Grupo Mercado Livre’s digital bank, one of the largest fintechs in Latin America. With more than 64 million unique users in the region, it offers a free digital account for Legal Entities, specially designed to meet the needs of Brazilian entrepreneurs.
Entrepreneurs can centralize their financial operations, control their receipts and payments, check their investments and have a clear view of their business performance.
And as an integral part of the ecosystem, Mercado Pago also brings exclusive advantages to take advantage of Mercado Livre’s resources. With the integration of these two platforms, small businesses can boost sales, reach new customers and expand their horizons in the e-commerce universe.
It’s time to grow your business in 2023
It’s time to focus on your company’s growth strategy. Access the opportunities and power of Mercado Pago to become the true master of your business, conducting each stage in perfect harmony.
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