Mangopay logo

Mangopay

European marketplace payments specialist with a wallet-based model, native split payments, KYC and escrow.

Best for

Platforms with European sellers needing EU-compliant wallet-based payments

Transaction rate
Custom quote
Platform fee
Custom platform pricing
Monthly fee
Custom
Split payments
Native multi-party split payments

Pricing breakdown

Every fee we track, grouped by where it applies.

Contract terms

Contract length
Contact provider

How Mangopay compares

All prices in AUDPrices checked

Side-by-side with the closest alternatives by estimated cost.

Based on $50,000/mo card volume at a $75 average transaction.

Mangopay logo

Mangopay

Transaction rate
Custom quote
Per-transaction fee
Custom quote
Platform fee
Custom platform pricing
Payout scheduling
Flexible payouts from wallets
Countries supported
16+ countries (EU focus)
Est. monthly cost
—
Stripe logo

Stripe

$1,050/mo est.

Transaction rate
1.7%
Per-transaction fee
$0.30
Platform fee
0.25% + $0.25 per payout (if you set pricing), $2 per active account
Payout scheduling
Daily, weekly, monthly or manual payouts
Countries supported
46+ countries
Est. monthly cost
$1,050/mo
PayPal logo

PayPal

Transaction rate
2.9%
Per-transaction fee
$0.30
Platform fee
Partner can set fees via API
Payout scheduling
Scheduled and on-demand payouts (PayPal Payouts)
Countries supported
200+ markets
Est. monthly cost
—
Adyen logo

Adyen

Transaction rate
IC++ (approx 0.6% + $0.11 processing)
Per-transaction fee
13c processing + interchange
Platform fee
Custom platform pricing
Payout scheduling
Configurable payout schedules
Countries supported
40+ countries
Est. monthly cost
—

Common questions about Mangopay for marketplace payments

The same questions Australian merchants ask before signing up.

  • Mangopay is purpose-built for multi-party payments. Rather than processing a single transaction to one recipient, Mangopay assigns every participant (buyer, seller, platform) a wallet on its ledger. Funds flow between wallets under rules the platform defines, making split payments, escrow, and delayed release native features rather than workarounds.

  • When a buyer pays, the funds land in a buyer wallet. The platform then instructs Mangopay to transfer a seller share to the seller wallet and a platform fee share to the platform wallet. Payouts from seller wallets to bank accounts can be triggered immediately or on a deferred schedule. There is no limit on the number of parties a single payment can be split across.

  • Yes. Mangopay offers flexible wallet-based escrow: funds can be held in a buyer or platform wallet for any duration before being released to the seller. This is useful for dispute resolution windows, milestone-based payments, or any scenario where the platform needs to withhold funds until a condition is verified.

  • Mangopay operates on a custom quote model. There are no publicly listed rates for transaction fees, monthly fees, or platform fees. Pricing is negotiated based on volume, vertical, and feature set. Contact Mangopay directly for a commercial proposal.

  • Mangopay enforces KYC before sellers can receive payouts. The verification process collects identity documents, proof of address, and business registration details. Mangopay operates under an EU e-money institution licence and applies the applicable AML and counter-terrorism financing standards. For Australian platforms, note that Mangopay does not hold an Australian AFSL; platforms should seek legal advice on their local compliance obligations.

  • Mangopay is strongest in European markets and holds an EU e-money institution licence rather than an Australian AFSL. It supports some operations in Australia but does not provide access to Australian payment rails such as NPP, PayTo, or BPAY. Australian platforms with a European seller or buyer base may find Mangopay a natural fit; platforms focused on domestic Australian transactions would typically be better served by Zai or Airwallex.

  • Mangopay is widely used across product marketplaces, service platforms, rental and sharing economy platforms, and B2B trade platforms. Its wallet model suits any scenario where funds need to be held, split, or released conditionally. Platforms that require sophisticated ledger-level control over every fund movement will find Mangopay well matched to those needs.

Strengths and trade-offs

Pros

  • Wallet-based model built for multi-party payments
  • Native split payments and escrow
  • EU-licensed e-money institution
  • Strong KYC and fraud tooling

Cons

  • Less Australian focus (EU-centric)
  • Quote-based pricing
  • Local AU rails (NPP, BPAY) not supported

Accepted payment methods

Cards, wallets, and other methods supported by Mangopay for Australian merchants.

Cards

  • Visa
  • Mastercard
  • AMEX

Digital wallets

  • Apple Pay
  • Google Pay

Buy now, pay later

  • Klarna

Other

  • Direct Debit

About Mangopay

Mangopay provides wallet-based payment infrastructure built natively for multi-party transactions. Platforms can create wallets per user, split payments across multiple sellers, hold funds and run KYC, with virtual IBANs for local settlement and FX for cross-border flows. As an EU-licensed and regulated e-money institution, Mangopay is best suited to platforms with European sellers. It has processed tens of billions of euros for clients including Vinted and ManoMano.

Mangopay was founded in 2013 and is headquartered in Luxembourg.

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