Product / Service Description:
MANGOPAY is an end-to-end payment solution for marketplaces, crowdfunding and sharing economy platforms. Unlike traditional payment solutions, MANGOPAY provides its customers with a developer-friendly API that can be fully customised. It enables the platforms to accept multiple currencies and multiple payment methods online, hold the funds in segregated accounts and automate the pay-outs.
Product / service innovations in the last 12 months
A couple of our updates:
1. Live chat on the documentation
To help platforms integrate the different API endpoints, we added live chat on our documentation.
2. AVS for the US and UK
AVS -Address Verification System- is an anti-fraud tool available in the UK, US and Australia. It compares the billing address for an order and the address of the credit card owner. As a result of this check a score is set by the bank. MANGOPAY is now providing you this score as an important anti-fraud tool.
What is the difference between competitive solutions?
The history of MANGOPAY sets itself apart from our competitors. The adventure started when Celine Lazorthes started a crowdfunding platform for group gifting called Leetchi in France. As a result of this platform the team created their own payment solution to facilitate the payments flows. MANGOPAY was born from here and in 2013 obtained an E-money license in Luxembourg which allows it to passport the solution to the 31 countries in the Economic European Union. Having this experience in the crowdfunding sector is a huge advantage, apart from the features offered such as a white-label solution, unlimited escrow possibilities and tailoring of workflows in a compliant and secure environment.
MANGOPAY is actively supported since 2016 in Germany and is gaining more and more traction in the payment landscape. We are very happy to participate in these awards.