MANGOPAY

End-to-end technology for marketplaces and crowdfunding

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Discussion

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Aziz MorslyHunter@azizmorsly · Founder Nibduck
I can't believe @mangopay hasn't been hunted yet by the community. Would love to see your thoughts versus stripe.
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Yann@troblous · Product Enthusiast
Full disclosure: I work for MANGOPAY \o/ Feel free to ask any question, we’re here to answer :)
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Aziz MorslyHunter@azizmorsly · Founder Nibduck
@troblous good to see you here Yann. What would be the point of different with Strip Connect for example? And what are the plans to grow Mangopay over the next year?
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Yann@troblous · Product Enthusiast
@azizmorsly Hi Aziz, Some key differentiators: - we operate according with DSP2 EU regulation as an E-Money Issuer - we are completely white-labelled meaning vendors don't have to get a specific Stripe account - simple pricing with a % whereas Stripe charges 2$ per account + a PayOut fee 😉
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Jeremy Sh@jeremy_sh · co-founder repped.io
@troblous Stripe Connect charges 2.9% + 0.30 cents. Where does the $2 per account come from?
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Yann@troblous · Product Enthusiast
@azizmorsly As of today our solution is used by more than 2000 platforms across Europe and we are on track to process around 1B€ for 2017 👍🏻
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Yann@troblous · Product Enthusiast
@jeremy_sh Any active seller is billed monthly on Stripe Connect 😉 Not the case with MANGOPAY 👌🏻
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Nicolas GreniéHiring@picsoung · Developer Advocate, Typeform
I have added Mongopay to my Made in 🇫🇷 collection https://www.producthunt.com/@pic...
Naseem Raad@naseem_raad
@troblous Now, if this is a Stripe competitor, how can I use this instead of Stripe when the whole currency rate is in Euros. Also when I want to transfer the money to my bank it will also end up in Euros?
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Yann@troblous · Product Enthusiast
@naseem_raad We do support more than 10 currencies (EUR, GBP, CAD, SEK, NOK, DKK, CHF, ZAR, PLN, USD, AUD). To answer your question, the money transferred to your bank account will be sent in the currency used for the PayIn transaction. But just for you to know we are working on an awesome feature that will allow you to actually do foreign exchange when transferring the money to a vendor or your bank account.
Naseem Raad@naseem_raad
@troblous Ahhh I see! Now regarding disputes, what are your stance on it? Stripe says “Disputed payments, such as chargebacks, incur a fee. If the customers bank resolves the dispute in your favor, the fee is fully refunded.” and the fee is $15. So, what about you guys?
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Yann@troblous · Product Enthusiast
@naseem_raad MANGOPAY does not charge clients/merchants a fee to process a chargeback whether the chargeback is won or lost! 👍🏼