MercadoLibre runs MercadoPago, a safety payment system. When adding MercadoPago in its listings, sellers allow buyers to choose among many payment alternative methods such as cash, bank transfers and credit cards or installments, among others.
Most of these transactions occur for marketplace items sold, but 30% occur outside of it.
Last reported quarter 2017 Q3 it was 62.30 million, up by 69% from 36.80 million the same quarter a year before.
Since 2015 it increased by 73%, from 80.30 million to 138.70 million in 2016.
Source: MerchadoLibre Quarterly Results.