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MangoPay: Payment for Marketplaces – Accept online payments and manage e-money

27 points by florian95 13y ago

thedeepself 13y ago
1.8% is a very good rate. It's not clear how in-store purchases would be handled through this.
deweller 13y ago
Anyone know the pricing for this within the US? 1.8% + €0.18 (23 cents) sounds too good to be true...
- lazyjones 13y ago
  Sounds too good to be true for Europe also since credit card fees are included apparently.
  - xanadohnt 13y ago
    Where did you see that CC fees are included? I really cannot see how they'd be viable if so. But if, man, that's a deal.
    - Etienne92 13y ago
      Hello, i'm developer in the IT Team of mangopay, and the Credit card fees are included in 1.8%.
      - xanadohnt 13y ago
        Wow!
knes 13y ago
Nice idea. Can I use MangoPay for a betting platform?
Cieplak 13y ago
If I were running an online marketplace in the United States and cared about protecting the sellers in my marketplace from fraud: https://www.balancedpayments.com/ https://www.balancedpayments.com/
- meritt 13y ago
  Love how YC backed companies get free reign for spamming around here. Balanced has been particularly notorious in both submissions and shill comments.
  - Cieplak 13y ago
    I apologize if my comment came off as spammy; I don't work for or represent Balanced. When someone launches a product that is similar to an existing product, particularly a YC startup's product, the existing product is relevant to the discussion. There are so many payments startups right now, each with its own niche. I think MangoPay and Balanced share a niche (online marketplaces), but Balanced targets the US while MangoPay seems to be targeting Europe.
samwillis 13y ago
Has anyone here used them? It looks very good for a few ideas I have up my sleave that I was waiting for balanced to launch in the UK for. I'm quite astonished at there rates, its very good! There must be a catch.
- mooktakim 13y ago
  I got in contact with them for one of my projects. They don't have £ support yet, which they say will be available in June. I'm looking to use this service if its as good as they say it is.
mamcx 13y ago
This could work if the seller is located outside europa (like latin america)? I'm looking for a solution that work for startups outside USA/UK...
GigabyteCoin 13y ago
Have you guys looked into Bitcoin at all? Any plans on integrating it in the future?
ryanmerket 13y ago
How's this different from Balanced Payments? Other than the supported countries. Do they do ACH? What's the holding period?
- xanadohnt 13y ago
  Well they have some method to facilitate the "marketplace" usecase - payouts to members of a defined group. So if it's not ACH, it's something very similar.

27 points by florian95 13y ago

thedeepself 13y ago

1.8% is a very good rate. It's not clear how in-store purchases would be handled through this.

deweller 13y ago

Anyone know the pricing for this within the US? 1.8% + €0.18 (23 cents) sounds too good to be true...

lazyjones 13y ago
Sounds too good to be true for Europe also since credit card fees are included apparently.
- xanadohnt 13y ago
  Where did you see that CC fees are included? I really cannot see how they'd be viable if so. But if, man, that's a deal.
  - Etienne92 13y ago
    Hello, i'm developer in the IT Team of mangopay, and the Credit card fees are included in 1.8%.
    - xanadohnt 13y ago
      Wow!

knes 13y ago

Nice idea. Can I use MangoPay for a betting platform?

Cieplak 13y ago

If I were running an online marketplace in the United States and cared about protecting the sellers in my marketplace from fraud: https://www.balancedpayments.com/ https://www.balancedpayments.com/

meritt 13y ago
Love how YC backed companies get free reign for spamming around here. Balanced has been particularly notorious in both submissions and shill comments.
- Cieplak 13y ago
  I apologize if my comment came off as spammy; I don't work for or represent Balanced. When someone launches a product that is similar to an existing product, particularly a YC startup's product, the existing product is relevant to the discussion. There are so many payments startups right now, each with its own niche. I think MangoPay and Balanced share a niche (online marketplaces), but Balanced targets the US while MangoPay seems to be targeting Europe.

samwillis 13y ago

Has anyone here used them? It looks very good for a few ideas I have up my sleave that I was waiting for balanced to launch in the UK for. I'm quite astonished at there rates, its very good! There must be a catch.

mooktakim 13y ago
I got in contact with them for one of my projects. They don't have £ support yet, which they say will be available in June. I'm looking to use this service if its as good as they say it is.

mamcx 13y ago

This could work if the seller is located outside europa (like latin america)? I'm looking for a solution that work for startups outside USA/UK...

GigabyteCoin 13y ago

Have you guys looked into Bitcoin at all? Any plans on integrating it in the future?

ryanmerket 13y ago

How's this different from Balanced Payments? Other than the supported countries. Do they do ACH? What's the holding period?

xanadohnt 13y ago
Well they have some method to facilitate the "marketplace" usecase - payouts to members of a defined group. So if it's not ACH, it's something very similar.