The competition was contested in two-legged home-and-away format between Brazilian team Flamengo, the 2019 Copa Libertadores champions, and Ecuadorian team Independiente del Valle, the 2019 Copa Sudamericana champions.

The first leg was hosted by Independiente del Valle at the Estadio Olímpico Atahualpa in Quito, Ecuador on 19 February 2020, while the second leg was hosted by Flamengo on 26 February 2020 at the Maracanã in Rio de Janeiro, Brazil.

[4] Bold indicates winning years The Recopa Sudamericana was played on a home-and-away two-legged basis, with the Copa Libertadores champions hosting the second leg.

If tied on aggregate, the away goals rule would not be used, and 30 minutes of extra time would be played.

If still tied after extra time, the penalty shoot-out would be used to determine the winner (Regulations Article 17).