Mirakl has strengthened its offering with the launch of its new Payment Service Provider (PSP) certification, which enables its customers to leverage best-of-breed PSPs to accelerate and streamline new marketplace launches.
It seeks to help firms navigate with the challenge of selecting a PSP for a new marketplace launch, something which presents significant complexities, requiring marketplace operators to weigh many different variables.
Romain Mazeries, CEO with MANGOPAY commented: “Mirakl’s PSP certification not only holds our industry to a higher standard when it comes to marketplace compatibility, but it also makes it easier for customers to choose us to manage their client payouts. Becoming Mirakl certified helps reduce friction for our customers, and it positions MANGOPAY as a payment provider of choice, creating new business opportunities for us at a time when the marketplace model is gaining global momentum.”
Businesses must select one that is compatible with their geographic markets and required payment methods, and that integrates smoothly with their eCommerce platform and banking/credit card partners. Legal, fiscal and technological requirements can change rapidly from market to market, and marketplace operators need a PSP that adapts quickly. Payment processing is also a critical component of the customer experience, and any errors or technical glitches can severely impact buyer confidence.
Christophe Bourbier, CEO and Co-founder, Limonetik emphasised: “Payments are one of the most complex and most critical components of any eCommerce solution, and addressing these complexities is a significant challenge for businesses operating online marketplaces. This certification demonstrates Limonetik’s commitment to supporting Mirakl customers through their entire eCommerce journey as they build, launch, and scale their marketplaces.”
Art Boyd, VP Channels and Alliances, Mirakl added: “Partnering with a Mirakl-certified PSP accelerates time-to-market for our customers, thanks to pre-built integrations that ensure a smooth execution. You also get expertise you can trust, as we’ve worked closely with each of these trusted partners to ensure seamless integration with our platform, making the entire process even easier for our customers.”
