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Founded in 2013 and based in Luxembourg, Mangopay is regulated by the Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg.
Mangopay provides a secure and flexible payment infrastructure designed to meet the specific needs of collaborative businesses, online marketplaces, crowdfunding platforms, and fintech companies. The platform enables businesses to manage the financial flows of their users, accept online payments, and handle fund transfers.
Here are some key features and functionalities of Mangopay:
– Fund collection: Mangopay facilitates online fund collection by offering payment solutions through credit/debit cards, bank transfers, and e-wallets.
– Fund management: The platform allows businesses to securely manage their users’ funds, in compliance with financial regulations.
– Fund transfers: Mangopay makes it easy to transfer funds between users. This can be useful for online marketplaces that require transactions between sellers and buyers.
– Regulatory compliance: Mangopay is regulated by the CSSF and adheres to anti-money laundering (AML) and know-your-customer (KYC) requirements to ensure the security of financial transactions.
– Customization: Mangopay offers customization options to allow businesses to integrate the payment platform with their brand and website.