Paybyrd Chooses Mangopay to Optimize its Merchants’ Payment Experience

Paybyrd provides online and in-store payment management services to over 2,200 clients in the retail, travel, hospitality, and tech (Fintech, medtech, etc.) sectors.

Mangopay’s integrated and fully modular e-wallet solution, combined with its foreign exchange (FX) conversion capabilities, will enable Paybyrd to automate its operations, facilitate fund reconciliation, and provide increased efficiency and transparency throughout the payment process.

With Mangopay and its FX solution, Paybyrd will be able to offer a local experience to its customers, by having the ability to convert funds within the wallet environment and thus send funds to merchants in the local currency and banking format.

Mangopay’s advanced payment solutions enable platforms to create tailor-made payment journeys and processes, thus promoting their growth both locally and internationally, while improving their user experience and protecting them against fraud.

Arjan Molenkamp, ​​Managing Director of Paybyrd said: “By partnering with Mangopay, we have enhanced Paybyrd’s offering with optimized multi-currency payments and seamless integration of FX services. This collaboration results in increased efficiency, reduced costs and a better experience for our customers.”

Alexis Ammar, Director of Strategic Sales at Mangopay: “We are proud to work with Paybyrd and enable them to optimize their merchant experience. Our partnership is a great example of how our modular payment infrastructure can solve complex challenges, optimize performance and ultimately drive business growth.”

Paybyrd

Founded in 2018, at Paybyrd we pride ourselves on developing an innovative omnichannel solution for managing payments. The service simplifies transactions both online and at ATMs, streamlining the entire process through a single contract and easy integration.

Paybyrd cutting-edge fintech platform simplifies the complexities of payment processing, offering unmatched flexibility.

Mangopay has more than 250 million end users of its services

Founded in 2013, Mangopay is an essential ally of the platform economy thanks to its modular payment solution. Designed around a programmable e-wallet solution, Mangopay’s end-to-end infrastructure meets the payment needs of platforms, from pay-in to payout, by adapting the workflow to the business model but also to the experience that its customers wish to offer.

The company has more than 250 million end users of its services and has processed more than €100 billion in transactions since its creation. Mangopay was named to CNBC World’s Top Fintechs in July 2024, and its fraud prevention solution won a Fintech Breakthrough Award in March 2024.

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(Featured image by Clay Banks via Unsplash)

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First published in Finyear. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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