Mirakl and Mangopay have announced a groundbreaking strategic partnership designed to elevate the growth of European marketplaces through the integration of advanced payment solutions. Mirakl, a leader in eCommerce software, will incorporate Mangopay’s sophisticated e-wallet technology into its Mirakl Payout system. This collaboration intends to streamline financial operations by providing automated and transparent solutions for the most complex payment flows, including seller onboarding, Know Your Customer (KYC) processes, and payouts. This development promises to simplify and accelerate seller payments, ensuring compliance with stringent regulatory requirements.
Established in 2012, Mirakl is renowned for its secure and scalable eCommerce solutions, which facilitate business expansion through both marketplace and dropshipping models. Mangopay, on the other hand, excels in modular payment infrastructure and has managed to process over €100 billion in transactions, serving more than 250 million users worldwide. By integrating Mangopay’s advanced technology, the partnership will enhance marketplace fund management, making financial operations smoother and more efficient. The integration is expected to not only improve cooperation between operators and sellers but also accelerate growth and open new revenue opportunities across the board.
Simplifying Financial Operations and Ensuring Compliance
One of the critical elements of this partnership is the focus on enhancing the management of marketplace funds. Transparency and automation in financial operations are vital for sustaining growth in the increasingly complex digital commerce landscape. The inclusion of Mangopay’s e-wallet technology will significantly reduce the time and resources required for seller onboarding and KYC procedures, allowing marketplaces to scale rapidly without compromising security and compliance. Mirakl’s integration of these capabilities will streamline the payout processes, ensuring that sellers receive their payments promptly and accurately.
Sophie Zellmeyer, Director of Mirakl Payout and Global Payment Partnerships, highlighted the significance of this collaboration by emphasizing Mangopay’s reputation for trust and innovative solutions. Zellmeyer pointed out that Mangopay’s expertise makes it possible to handle higher volumes on Mirakl’s platforms more efficiently. Furthermore, the automated solutions provided by Mangopay ensure that all operations adhere to the latest regulatory standards, thus minimizing risks associated with non-compliance. This streamlined operation not only fosters a more trustworthy environment but also encourages more sellers to join and benefit from the marketplace model.
Driving Growth and Innovation in the Platform Economy
Mirakl and Mangopay have unveiled a strategic partnership aimed at boosting the growth of European marketplaces through cutting-edge payment solutions. Mirakl, a leader in eCommerce software, will integrate Mangopay’s advanced e-wallet technology into its Mirakl Payout system. This alliance is set to streamline financial processes by offering automated and transparent solutions for complex payment flows, including seller onboarding, Know Your Customer (KYC) requirements, and payouts. The goal is to simplify and expedite seller payments while ensuring compliance with strict regulatory standards.
Since its inception in 2012, Mirakl has been known for its secure and scalable eCommerce solutions that support business growth through marketplace and dropshipping models. Mangopay specializes in modular payment infrastructure and has processed over €100 billion in transactions, serving more than 250 million users globally. By incorporating Mangopay’s technology, the partnership will improve marketplace fund management, making financial operations smoother and more efficient. This collaboration is expected to not only foster better cooperation between operators and sellers but also fuel growth and unlock new revenue opportunities across the board.