16 March 2023

PayPal extends partnership with Mangopay

Written By FinTech Alliance in FinTech

PayPal extends partnership with Mangopay

The partnership provides payment solutions for marketplaces

IN BREIF:

- Since 2016, MANGOPAY and PayPal have cooperated to empower global marketplaces to leverage PayPal payment capabilities and enable fast domestic and cross-border digital payments

- Marketplaces working with MANGOPAY will be able to personalise their payment experience through a single integration, simplifying operations for merchants

- Going forward, MANGOPAY and PayPal’s cooperation aspires to enable marketplaces to maximise their value by fully leveraging PayPal’s streamlined processes

What does this mean?

“PayPal’s historical collaboration with some of the world's largest marketplaces align with MANGOPAY’s mission to unleash platform growth by reducing complexity in today’s borderless world,” explains Romain Mazeries, CEO of MANGOPAY. “Payment choice and flexibility have always been a critical part of a successful marketplace experience. Platforms today must address complex payment needs to help drive increased conversion. That is why our expanded strategic cooperation with PayPal is key and will allow us to build the most comprehensive payment environment that platforms need to succeed.”

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