How It Works & Better Alternatives

Mercado Pago

 Crypto Card

Mercado Pago lets users spend crypto through a Mastercard-branded card and offers built-in cashback on everyday purchases. It also periodically runs promotional campaigns with higher cashback rates on specific assets, though these are temporary and vary by promotion.

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What is 

Mercado Pago

?

Mercado Pago is a crypto platform that offers a Mastercard-branded card tied to its digital account, letting users spend their account balance in reais for everyday purchases. Unlike straight crypto-spend cards, it doesn't convert crypto to fiat at checkout, instead it rewards spending with built-in cashback, plus occasional promotional campaigns offering higher rates on specific assets.

Mercado Pago

 Limitations

Low Base Rate

Standard cashback is just 1% on everyday spending; higher rates are tied to limited-time promotions.

Investment Account Required

Requires an existing MB investment account before you can even access the digital account and card.

Traditional Cashback vs Oobit Cashback

Traditional cashback programs are often limited in value and speed.
The Oobit crypto card delivers a next-generation experience, instant, global, and crypto-native.

Mercado Pago

Cashback

Up to 10%

1% base

Earning

Every payment

Timing

Instant

Daily

Setup

Pay from wallet

Pre-funded card

Self-Custody

Card activation fee

Free

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How Oobit Compares to 

Mercado Pago

Oobit is built for users who want clear, predictable cashback on everyday crypto payments. Instead of relying on temporary promotions, Oobit rewards spending with a consistent cashback structure designed for frequent use. This makes it a practical alternative to platforms like Mercado, offering a modern crypto payment solution that prioritizes long-term reward value.

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Bitcoin.com

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VeChain foundation

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Oobit Technologies 2026. © All rights reserved.

Oobit provides technology that enables users to spend digital assets through existing payment networks. Services are subject to regional availability and regulatory requirements. Oobit operates through multiple entities globally. Certain features may be provided by licensed partners depending on your location.

US Cryptocurrency services are provided in partnership with Bakkt Financial Solutions I, LLC. Bakkt is registered with FinCEN as a Money Services Business (MSB) and holds state money transmitter licenses.