The virtual wallet has a tool for users to deposit money in Mercado Pago.
Market Payment It is a virtual wallet that has various functions, such as making transfers, depositing money and requesting credits, as well as paying bills and services. It also allows load the SUBE card and Pay via QR codeswithout the need to use physical money, prepaid card.
The virtual wallet app also has a feature called Market Fund, a mutual fund which is composed of different types of financial assets, such as Fixed-term deposits, stock guarantees and remunerated accounts.
Market payment transfers.jpg
Depositing money into the virtual wallet can be a good way to make your own income work, since it is an accessible alternative, with little risk and very simple to handle.
How much does $1,000,000 deposited in Mercado Pago yield?
First, it is necessary to know that the percentage of the annual interest rate (AER) to invest is currently 37.6%However, this number can fluctuate daily.
In case of investing $500,000, it would generate $1,030 per day. This in the long term would mean $31,370 in a monththat is, $1,031,370 within a period of 30 days. Also, after a period of year profits could be made from $456,165which would culminate with $1,456,165 in 12 months.
Source: Ambito
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