Mercado Crédito
It is the financing option from Mercado Pago that offers the possibility to pay in installments without needing a credit card.
With this line of credit, administered by Mercado Pago, the payment is credited in full to the seller's account, while the customer can choose to pay in up to 12 fixed monthly installments, no card needed. The user just has to enter their Mercado Pago account (or create one), determine their available limit, and choose how many installments they want to pay in.
Mercado Credits is currently offered in our Checkout Pro (Checkout Mercado Pago), and now it is also possible to access directly from the store checkout.
If you want to show Mercado Credits in your store's checkout, follow the steps below.
- Go to your Shopify store.
- In the store's administrative panel, click on Settings.
- Once there, select the Payments option.
- In "Additional payment methods", click on the Add payment methods option.
- Go to the Search by provider tab and look for the new app with the name "Mercado Crédito".
- Once you have found it, select it and click Install and then Connect.
- Select Install App > More actions and then Manage.
- Put your production credentials (
public key
andaccess token
) in the fields that request it and click Save. Remember to keep your credentials handy. - To finish the installation, select Activate.
Ready! The financing method is enabled in your store.