Redefine Your Fintech Transactions: Exploring Mangopay- The Innovative Online Payment Solution for the Collaborative Economy

Mangopay is a secure online payment platform that allows businesses to accept financial transactions via different means such as bank cards, bank transfer or even PayPal. This solution is particularly suitable for companies operating in various sectors such as fintech (financial technology) and the collaborative economy (crowdfunding platforms, marketplaces, etc.).

In this detailed article on Mangopay, we will explore its main characteristics, its use as well as its prices in order to help those who are wondering “What is Mangopay?” to better understand this innovative solution.

The main features of Mangopay

• Security : Transaction security is a crucial element for any business offering financial services. To ensure this, Mangopay uses secure SSL/TLS protocols and complies with PCI-DSS (Payment Card Industry Data Security Standard), ensuring a high level of protection for all sensitive data.
• Flexibility: Mangopay offers great flexibility by allowing businesses to choose from different payment methods, such as bank cards (Visa, Mastercard, Maestro), bank transfer and PayPal. Additionally, the platform supports multiple currencies to facilitate international transactions.
• E-wallets: Electronic wallets (e-wallets) are secure virtual accounts that allow you to carry out financial transactions online without having to share your banking information for each transaction. Mangopay offers an integrated e-wallet system that simplifies fund management for users and reduces the risk of fraud.
• KYC/AML: To comply with international regulations on the fight against money laundering and the financing of terrorism (KYC/AML), Mangopay implements automated identity verification processes for all its customers in order to avoid any fraudulent activity or illegal.

Using Mangopay

To use Mangopay, simply create a business account on their website then integrate the API (Application Programming Interface) provided by the platform into your own site or application. This API is available in several common computer languages ​​such as PHP, Python or Ruby, which greatly facilitates its integration.

Once the API is integrated and configured, company users can start transacting through Mangopay. The platform offers an online dashboard that allows businesses to easily manage their transactions, access detailed reports and track the progress of their business.

Additionally, Mangopay offers responsive technical support to help its customers when needed or to answer their questions regarding the solution.

Mangopay prices

Mangopay offers a transparent pricing structure with no hidden fees. The main cost components are:

• Registration fees : Opening a business account on Mangopay is free and without obligation.
• Fees per transaction: For each transaction carried out via the platform, Mangopay charges a fixed commission as well as a percentage of the total amount. These fees vary based on monthly trading volume and can be negotiated for businesses with high volume.
• Additional fees: Certain specific operations (such as withdrawing money to a bank account) may incur additional fees. However, these costs are clearly indicated on the Mangopay website so that businesses can anticipate their expenses.

Concrete example:

It is important to note that these prices are subject to change and you should therefore regularly consult the Mangopay website for up-to-date prices.

Conclusion: a solution adapted to innovative companies

Mangopay is a secure online payment platform that meets the needs of businesses operating in various sectors such as fintech and the sharing economy. Thanks to its key features such as enhanced security, flexibility of payment methods and easy integration via API, this solution constitutes an interesting option for companies wishing to simplify their financial transactions while respecting international regulations.

To learn more about Mangopay or to create a free business account, visit their official website: https://www.mangopay.com/fr/.