Payments infrastructure provider Mangopay has expanded its cross border capabilities with an end-to-end FX solution.
In brief:
-Serving more than 2,500 platforms globally, including Vinted, Ticketmaster, La Redoute and Wallapop, the solution is designed to support platforms and marketplaces as they expand internationally.
-The new solution will enable platforms to implement FX at any point in the payment flow
-According to the company, the new product aims to “reshape” how platforms approach currency conversions by increasing transparency and control in cross-border payments.
What does this mean?
“We consistently hear from the platforms and marketplaces we work with about the importance of taking control of their cross-border money movement so they can create delightful user experiences, optimise operations and drive business growth,” Mangopay chief product officer Kirk Donohoe said.
