MANGOPAYplatform-specific payment infrastructure provider, and PayPalworld leader in online payment solutions, have announced the reinforcement of their long-term strategic agreement to provide the marketplaces Quick access to PayPal’s global payment methods and capabilities. This collaboration will allow marketplaces to easily create a dynamic checkout experience and offer additional options to your end users by making PayPal available to them.
As reported MANGOPAY In a statement, this extension of the alliance is the result of a long-term agreement between both companies. Since 2016, the two companies have cooperated to enable global marketplaces to take advantage of PayPal’s payment capabilities and quickly approve domestic and cross-border digital payments. As the marketplace industry continues to grow, the checkout experience remains a key differentiator for these players. improve capabilities pay in and pay out by MANGOPAY with a method as popular as PayPal is an important step to fuel the global growth of marketplaces.
The advantages for platforms are obvious. The marketplaces that work with MANGOPAY will be able to personalize their payment experience through a single integration, simplifying operations for sellers. In the future, cooperation between MANGOPAY and PayPal aspires to ensure that marketplaces maximize their value by taking full advantage of PayPal’s agile processes.
“PayPal’s historic collaboration with some of the world’s largest marketplaces aligns with MANGOPAY’s mission to unlock platform growth by reducing complexity in today’s borderless world,” Explain Romain Mazeries, MANGOPAY CEO. “The possibility of choosing and flexibility in payments have always been fundamental elements for the success of the marketplace experience. Today, marketplaces must address complex payments to help increase conversion. For this reason, the extension of our strategic agreement with PayPal is key and will allow us to build a more complete payment environment, which is key to the success of the platforms.”underlines Mazeries.
For his part, in the words of David Bruce, PayPal Global Head Channel Partnerships, “Marketplaces are growing fast and need strong support when it comes to payments. MANGOPAY enables marketplaces to offer amazing payment experiences to buyers and sellers. Our digital payment method is already used by many marketplaces and we are delighted to embark on this new journey with MANGOPAY”.