diff --git a/addons/payment_mercado_pago/const.py b/addons/payment_mercado_pago/const.py
index 0fa7765d4a4..606a17036a1 100644
--- a/addons/payment_mercado_pago/const.py
+++ b/addons/payment_mercado_pago/const.py
@@ -65,7 +65,7 @@ TRANSACTION_STATUS_MAPPING = {
     'pending': ('pending', 'in_process', 'in_mediation', 'authorized'),
     'done': ('approved', 'refunded'),
     'canceled': ('cancelled', 'null'),
-    'error': ('rejected'),
+    'error': ('rejected',),
 }
 
 # Mapping of error states to Mercado Pago error messages.
diff --git a/addons/payment_mercado_pago/tests/common.py b/addons/payment_mercado_pago/tests/common.py
index f9e675aa29e..323db231810 100644
--- a/addons/payment_mercado_pago/tests/common.py
+++ b/addons/payment_mercado_pago/tests/common.py
@@ -26,3 +26,6 @@ class MercadoPagoCommon(PaymentCommon):
         cls.verification_data = {
             'status': 'approved',
         }
+        cls.verification_data_for_error_state = {
+            'status': 404,
+        }
diff --git a/addons/payment_mercado_pago/tests/test_payment_transaction.py b/addons/payment_mercado_pago/tests/test_payment_transaction.py
index a92649d4443..513bcdc4acb 100644
--- a/addons/payment_mercado_pago/tests/test_payment_transaction.py
+++ b/addons/payment_mercado_pago/tests/test_payment_transaction.py
@@ -69,3 +69,15 @@ class TestPaymentTransaction(MercadoPagoCommon, PaymentHttpCommon):
         ):
             tx._process_notification_data(self.redirect_notification_data)
         self.assertEqual(tx.state, 'done')
+
+    @mute_logger('odoo.addons.payment_mercado_pago.models.payment_transaction')
+    def test_processing_notification_data_rejects_transaction(self):
+        """ Test that the transaction state is set to 'error' when the notification data indicate a status of
+        404 error payment. """
+        tx = self._create_transaction(flow='redirect')
+        with patch(
+            'odoo.addons.payment_mercado_pago.models.payment_provider.PaymentProvider'
+            '._mercado_pago_make_request', return_value=self.verification_data_for_error_state
+        ):
+            tx._process_notification_data(self.redirect_notification_data)
+        self.assertEqual(tx.state, 'error')