If you have been using Mercadopago to receive payments online, you may be wondering How to Withdraw Money from Mercadopago. Withdrawing money from your Mercadopago account is a simple and fast process that allows you to transfer your funds to your bank account or debit card. In this article, we will provide you with a step-by-step guide to perform this procedure safely and efficiently, so you can enjoy your profits without complications.
– Step by step ➡️ How to Withdraw Money from Mercadopago
- Access your Mercadopago account: The first thing you should do is log in to your Mercadopago account with your username and password.
- Go to the withdrawals section: Once you are logged into your account, look for the “Withdraw money” or “Withdrawals” option in the main menu.
- Select your withdrawal method: Within the withdrawal section, choose the method through which you want to withdraw your money, whether it be a bank account, a debit card, or a collection point.
- Complete the required information: Depending on the withdrawal method you have selected, you may be required to provide your bank account details, your card number, or the location of the collection point.
- Confirm the transaction: Once you have completed the required information, check that everything is correct and confirm the withdrawal operation.
- Wait for approval and processing: Depending on the withdrawal method chosen, the approval and processing process may take a few business days.
- Receive your money: Once your withdrawal has been approved and processed, you will receive the money in the selected bank account, debit card, or collection point.
Q&A
How to withdraw money from MercadoPago to my bank account?
- Log in to your MercadoPago account.
- Selecciona la opción «Retirar dinero».
- Choose the bank account you want to transfer the money to.
- Confirm the operation and that's it, the money will be transferred to your bank account.
Can I withdraw money from MercadoPago in cash?
- Go to an ATM in the Banelco network.
- Press the “Debit card” option.
- Select “MercadoPago” as the extraction medium.
- Enter the amount you wish to withdraw and complete the operation.
How long does it take for the money withdrawn from MercadoPago to reach my bank account?
- The accreditation time may vary depending on the bank.
- The money is usually credited to the bank account within 1 to 3 business days.
Is it possible to withdraw money from MercadoPago to an account in dollars?
- It is not possible to withdraw directly to a dollar account.
- You must first transfer to a peso account and then convert them to dollars.
- Check with your bank for the best way to carry out this operation.
Can I withdraw money from MercadoPago to a credit card?
- It is not possible to withdraw money from MercadoPago to a credit card.
- The withdrawal option is limited to bank accounts and ATMs.
- Check your card options to use MercadoPago balance as a payment method.
Is there any cost associated with withdrawing money from MercadoPago?
- It depends on the type of account and the receiving bank.
- Some banks may charge fees for transfers or withdrawals.
- Check current rates with your bank before making the withdrawal.
Can I withdraw money from MercadoPago to an account belonging to another account holder?
- It is not possible to make transfers to third-party accounts.
- The bank account holder must match the MercadoPago account holder.
- Avoid problems and verify that the destination account belongs to you.
What are the limits for withdrawing money from MercadoPago?
- Withdrawal limits may vary depending on account type and identity verification.
- Generally, daily withdrawal limits are $20,000 Argentine pesos.
- If you need to make a larger withdrawal, check your account verification options.
Can I withdraw money from MercadoPago at a bank branch?
- Some banks allow MercadoPago withdrawals to be made at their branches.
- You should check with the bank if they offer this service and the necessary requirements.
- Check availability and requirements before heading to the bank branch.
Is there a mobile application to withdraw money from MercadoPago?
- MercadoPago has a mobile app available for download on iOS and Android devices.
- The app allows you to make withdrawals to bank accounts and payment intermediaries.
- Download the app and follow the steps to withdraw money quickly and safely.
I am Sebastián Vidal, a computer engineer passionate about technology and DIY. Furthermore, I am the creator of tecnobits.com, where I share tutorials to make technology more accessible and understandable for everyone.