Argentina - Mercado Pago, Modo & Other Banks and Wallets Decrease in Conversion Rates

Incident Report for PayRetailers

Resolved

This incident has been resolved.
Posted May 12, 2026 - 15:27 UTC

Monitoring

A fix has been implemented and we are monitoring the results.
Posted May 12, 2026 - 13:21 UTC

Identified

We have identified the cause of the decreased conversion rates. The issue is linked to external network conditions or partner-side processing behavior affecting a portion of transactions.

Our systems continue to operate normally, and we are actively coordinating with the affected provider to mitigate the impact and restore optimal conversion levels.

Further updates will be shared as remediation progresses.
Posted May 12, 2026 - 10:22 UTC

Investigating

We have detected a decline in conversion rates for deposits via the specified payment methods.
Our system continues to operate normally, and we are working closely with our partner to restore optimal conversion performance.
We’ll keep you updated on developments of our investigation and will confirm once conversion metrics have returned to expected levels.
Posted May 11, 2026 - 11:52 UTC
This incident affected: Payins.