Mangopay chosen by Perfume's Club to manage marketplace seller funds

The firm specialising in wellness and beauty has chosen Mangopay as the payment infrastructure provider for its marketplace, launched in 2022

Madrid, April 11th 2023 - Beauty retailer, Perfume's Club, has selected Mangopay, platform-specific payment infrastructure provider, to manage seller funds for its marketplace, which has been live since 2022. The partnership between the two has facilitated the launch and rapid expansion of the Perfume's Club marketplace, which today, less than a year after its creation, has more than 60,000 products on offer in addition to the 40,000 in its own catalog.

In 2022, the Perfume's Club marketplace exceeded 50 million visits and has managed to extend its presence to more than 14 countries, reaffirming itself as one of the most important references in online perfumery. Perfume's Club was, in fact, one of the ecommerce best valued by users in 2022, according to a study by the OCU. In the longer term, the beauty firm estimates that its marketplace will maintain its rapid growth, with its offer reaching one million products in two years.

The Mallorcan company has placed its trust in Mangopay for its optimised solution, focused on the go-to-market strategy. The collaboration between the two has materialised through the Mirakl connector.

In addition, Mangopay offers Perfume's Club the possibility to integrate Paypal with a flexible end-to-end solution, specific for marketplaces, which allows them to choose the optimal payment methods and partners for their Marketplace. The complete solution provided by Mangopay boosts compliance and cybersecurity, meeting PSD2 requirements and facilitating the fight against fraud, money laundering and terrorist financing. All of this, together with the dedication and professionalism of the Mangopay team, were key to having the payment infrastructure in place for the launch and growth of the marketplace.

Marc Torrecilla, Marketplace Manager, Perfume's Club, underlines:"We are delighted to work with Mangopay to optimize our marketplace. It is key to the development of Perfume's Club. We needed a trusted payment partner to support our growth. Mangopay's advanced technology allows us to manage multiple payment flows and easily add new products and merchants to our marketplace."

For Mangopay, Perfume's Club is a relevant customer, not only because of the company's projection, but also because it is its first customer through Mirakl in Spain. Nicolas Fournié, Mangopay's Country Manager for Spain and Portugal, comments: "We are proud to be able to accompany Perfume's Club on its path to leadership in online perfumery, supporting our client in the development and growth of its marketplace. Spain is a key market for Mangopay, and having national partners as relevant as Perfume's Club is fundamental for our growth and expansion in this country. In addition, the platform for marketplaces Mirakl, is our first partner in Spain, and we are very happy to bring to Spain this partnership which, as we have already seen in other markets, is key to the rapid development of marketplaces".

The year 2022 was key for the consolidation of the scale-up business globally and in the Spanish market, where it already has more than 100 customers.

ABOUT Mangopay
Mangopay empowers the platform economy with its unique and comprehensive payment infrastructure. Created in 2013, Mangopay serves 2,500 + leading platforms and marketplaces. Built around its programmable e-wallet solution, Mangopay's end-to-end infrastructure covers all platform payment needs with total integration flexibility and workflows for every business model.
www.mangopay.com