mangopayEurope’s leading platform-specific payment infrastructure provider, and milanuncios, the app with the most experience in the second-hand market, announce an agreement to process all payment flows on the platform. Mangopay, known for its secure, seamless and efficient payment infrastructure, will extend its advanced technology to the Milanuncios user base. With this association it is expected to significantly transform the way in which transactions are processed in Milanuncios, providing an optimal user experience. The announcement was made public in the V edition of Marketplace Summit.
Through Mangopay’s innovative technology, Milanuncios will reinforce the security measures of its platform, which will ensure that every transaction that takes place is not only secure, but also fast and smooth. This is especially relevant for a second-hand marketplace platform where the volume of transactions is high and the need for user trust is paramount. Eighteen years after its launch, Milanuncios has positioned itself as one of the key marketplaces in Spain; Currently, with almost 15 million users with 86,000 new ads published every day.
Milanuncios wanted to offer a secure checkout experience to its users, for which it needed a reliable payment provider to manage its multiple C2C payment streams. Mangopay has a long history working for large C2C marketplaces in Spain. Its infrastructure provides the Milanuncios ecosystem with a reliable and secure payment solution. Mangopay’s modular e-wallet technology also offers flexible and scalable payment capabilities, a key factor for Milanuncios. Likewise, it makes it easier for the marketplace to offer promotions and special operations very easily to its users.
«We are proud to celebrate our 18 years of presence in the Spanish market and we continue to innovate to offer the best experience in our app. Payments have always been a crucial area for our business and our users. For Milanuncios, this association will undoubtedly continue to work on our reputation and the trust of users, which are fundamental aspects for us. Through a secure and smooth checkout experience, we are likely to attract more users who want to shop on our revamped app, thereby increasing our market share in the highly competitive second-hand market sector in Spain.“, Explain Magali Rey, Marketing Director of Milanuncios.
The association of Mangopay and Milanuncios also marks a milestone for the company, as it consolidates its position in the C2C marketplace sector. Mangopay’s collaboration with other C2C marketplaces demonstrates its ability to provide efficient, user-friendly and secure payment solutions in a context where users increasingly rely on online payments for their purchases.
This alliance further strengthens Mangopay’s position in the payment infrastructure industry and shows its dedication to providing a robust checkout experience for users of online marketplaces. In the long term, these partnerships will not only help expand Mangopay’s reach, but will also significantly contribute to its growth and development.
Nicholas Fournié, Country Manager for Spain and Portugal at Mangopay, declares: «The second-hand market is growing rapidly in Spain. Our agreement with Milanuncios reinforces Mangopay’s strategic position in this sector and we are proud to work with a platform of these characteristics. We look forward to working with Milanuncios and continuing to innovate and unlock payment capabilities to fuel its growth.«.