Mangopay

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.