E-commerce software solution Mirakl has selected Mangopay to power its payment solution across Europe to boost its compliance and speed of transaction capabilities.
Mirakl will integrate Mangopay’s e-wallet technology and KYC capabilities to enhance its marketplace payouts via Mirakl Payout.
Mirakl Payout streamlines payment operations for its customers, providing an automated, transparent solution for managing complex payment flows, including seller onboarding, KYC, payouts, refunds, transaction matching, and handling multiple pay-in sources.
Mirakl’s payment solution also looks to ensure a seamless customer experience, enabling marketplace operators control and visibility over every transaction.
Sophie Zellmeyer, Director of Mirakl Payout and Global Payment Partnerships, said: “Mangopay is a trusted partner of Mirakl, already supporting several of our leading marketplaces across Europe.
“With its innovative e-wallet infrastructure and strong compliance capabilities, Mangopay is an ideal partner for Mirakl Payout in Europe. Together, we streamline payouts, enabling platforms to increase volume and scale more efficiently.”
By leveraging Mangopay’s technology, Mirakl Payout can help simplify seller onboarding and KYB, accelerating seller payments,and adhering to regulatory requirements.
This streamlined approach enables operators and sellers to collaborate more easily and efficiently, driving accelerated growth and unlocking new revenue opportunities, key in a growing e-commerce market, especially with the holiday season around the corner.
Mark Fleming, Chief Commercial Officer at Mangopay, said: “Mangopay and Mirakl have enjoyed a successful partnership for over a decade, and we are thrilled to enhance our collaboration. Together, we support the growth of the marketplace sector through innovation and dedicated solutions for platforms and their users.
“As the sector prospers, more digital commerce brands aim to unlock the potential of the marketplace model. We are excited to partner with Mirakl to provide a seamless experience for sellers and fuel the platform economy’s growth.”
