Mangopay

Modular payment infrastructure for marketplaces and platforms, offering customizable payment flows, e-wallets, and AI-powered fraud prevention for optimized revenue.
Payment Processing Marketplace Solutions Fraud Detection

Description

Mangopay is a modular payment infrastructure designed for marketplaces and platforms. It offers a range of products that can be chosen and connected to meet specific payment requirements, allowing users to create dynamic payment flows that grow with their business.

Mangopay offers a range of features to manage the full payment journey:

  • E-wallet: A flexible infrastructure for managing user funds, including collection, transfer, splitting and reconciliation.
  • Payments: A powerful payment processing engine with control over card, bank and alternative payment flows to optimize conversion and revenue.
  • Payout: Fast and low-cost payouts anywhere in the world, with support for local currencies and settlement methods.
  • Identity: KYC and KYB verifications for freelancers, individuals and businesses in over 170 countries.
  • Fraud: AI-powered fraud prevention to identify transaction and account takeover fraud.
  • FX: Seamless cross-border money movement, acceptance, holding, conversion and payout in multiple currencies.

Mangopay's modular design means that businesses can pick and choose the products they need to succeed, with integration that is flexible and efficient. The platform supports a wide range of use cases, including C2C marketplaces, B2C marketplaces, B2B platforms, product marketplaces and on-demand services.

The platform comes with prebuilt integrations and APIs to get developers to market faster. With Mangopay, businesses can create their own payment flows and manage all aspects of payments, from user creation to checkout and beyond.

Mangopay services are designed for businesses with a global presence, with support for over 170 settlement countries and €45 billion in payouts. The company has 500+ employees across nine offices in Europe and is a licensed and regulated financial institution in the UK.

Customers have praised the platform for its reliability, efficiency and customizability. They've reported better payment management and compliance, as well as better user experiences for their customers.

Published on July 12, 2024

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