Payment gateway Paybyrd chooses Mangopay to optimise payment experiences for merchants

Paris, October 1 2024: - Omnichannel payment gateway Paybyrd has chosen Mangopay, a modular and flexible payment infrastructure provider for platforms, to provide a bespoke solution that will optimise the management of funds for the merchants it supports, including TAP Air Portugal, Decathlon and Vila Galé Hotels, among others.

Paybyrd provides online and in-store payment orchestration for more than 2,200 clients in the retail, travel, hospitality and technology sectors. Mangopay’s fully customisable embedded e-wallet and payout technology, combined with its industry-leading virtual IBAN and FX capabilities, will allow Paybyrd to streamline reconciliations and provide transparency and effectiveness throughout the payment process.

Through this partnership with Mangopay, Paybyrd will be able to offer multi-currency settlement and bulk payouts, fuelled by Mangopay’s flexible virtual IBAN, global payouts and FX solution.

Mangopay specialises in providing modular, embeddable payment and fintech infrastructure that powers leading platforms worldwide. Its award-winning payment solutions enable platforms to build customised payment infrastructures which facilitate local and global business growth, enhance user experiences, and safeguard against fraud.

Arjan Molenkamp, Paybyrd’s General Manager, said: “By partnering with Mangopay, we have elevated the Paybyrd offering through optimised multi-currency payments and seamless FX integration. This collaboration improves efficiency, reduces costs, and provides better experiences for our clients.”

Alexis Ammar, Director of Strategic Sales at Mangopay, said: “We are delighted to be working with Paybyrd to provide an improved experience for their merchants. Our partnership is a great example of how our flexible payments infrastructure can solve complex challenges, improve efficiency and support growth.”

About Mangopay

Created in 2013, Mangopay empowers the platform economy with its modular payment infrastructure. Built around its programmable e-wallet solution, Mangopay’s end-to-end infrastructure covers platform payment needs, from pay-in and payout to comprehensive fraud prevention and FX, for many business models and workflows. The company has over 250 million end users of its services and has processed over €100bn in transactions since its inception. Mangopay was named among CNBC’s World’s Top Fintechs in July 2024 and its Fraud Prevention solution won a Fintech Breakthrough Award in March 2024.

About Paybyrd

Founded in 2018, at Paybyrd, we take pride in developing an innovative Omnichannel solution for payment management. Our service simplifies transactions both online and at Automatic Payment Terminals (APT), streamlining the entire process through a single contract and easy integration. Our cutting-edge Fintech platform simplifies the complexities of payment processing, offering an unparalleled flexibility.