MANGOPAY is a payment solution dedicated to marketplaces and available worldwide.
MANGOPAY accepts credit/debit card payments worldwide by credit card, Visa and Mastercard, as well as Maestro, Diners, iDeal, Bancontact / Mister Cash, PayLib, and Masterpass. It supports the following currencies: EUR, GBP, USD, CHF, NOK, PLN, SEK, DKK, CAD, ZAR.
Here are some of the features of MANGOPAY supported by Kreezalid:
Once your Mangopay account is created and activated by the Mangopay teams, you just need to enter the following information in your Kreezalid dashboard:
Then enter your fixed or variable commission amount or both:
Mangopay accounts and wallets are created automatically, and in a completely transparent way for your users, sellers, and buyers.
Transaction flows work as follows:
KYC ("Know Your Customer") is the legal obligation of the bank to verify the identity of sellers and buyers in your marketplace. KYC is needed in the fight against fraud, money laundering or the financing of terrorism.
Depending on the country of residence and the nature of your sellers, individuals or professionals, the information to validate the KYC (Identity Verification) will be different.
Mangopay has 3 levels of KYC:
Some of this information (names, first names, address, etc.) is directly retrieved from your marketplace on the profile of the user.
The collection of documents will be done outside your marketplace. Kreezalid does not allow the collection of KYC documents. You will have to collect them out of the platform (by requiring them by email to your users for example) and then upload them into your Mangopay dashboard. This collection is necessary only once.