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  5. MANGOPAY vs TransferWise

MANGOPAY vs TransferWise

OverviewComparisonAlternatives

Overview

MANGOPAY
MANGOPAY
Stacks23
Followers46
Votes0
TransferWise
TransferWise
Stacks20
Followers40
Votes9

MANGOPAY vs TransferWise: What are the differences?

# Introduction
This Markdown code compares the key differences between MANGOPAY and TransferWise.

1. **Service Offered**: MANGOPAY is primarily a payment solution for marketplaces, crowdfunding platforms, and sharing economy businesses, while TransferWise is known for providing international money transfer services to individuals and businesses.
2. **Fees**: MANGOPAY charges a fee per transaction and additional costs for certain services, whereas TransferWise offers transparent and low-cost transfer fees, often with a mid-market exchange rate.
3. **Currencies Supported**: MANGOPAY supports multiple currencies for transactions but may have limitations based on the selected payment method, whereas TransferWise supports a wide range of currencies and allows users to hold money in various currencies.
4. **Regulation and Compliance**: MANGOPAY is regulated as an electronic money institution by the CSSF in Luxembourg and is subject to EU regulations, while TransferWise is authorized as an Electronic Money Institution by the UK Financial Conduct Authority (FCA).
5. **Integration Options**: MANGOPAY offers a customizable API for seamless integration into websites and apps, tailored for specific industries, whereas TransferWise also provides API integration but focuses more on individual users and businesses for money transfers.
6. **Customer Support**: MANGOPAY provides customer support for technical and account-related inquiries primarily through email and tickets, while TransferWise offers comprehensive support through email, chat, and phone, with localized support in multiple languages.

In Summary, MANGOPAY and TransferWise differ in their target markets, fee structures, currency support, regulatory oversight, integration capabilities, and customer support options.

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Detailed Comparison

MANGOPAY
MANGOPAY
TransferWise
TransferWise

Make payments easy for your users by allowing them to pay in multiple currencies and with various payment methods. Automate all payment flows and commissions with one single contract so you can focus on the growth of your platform.

It bypasses pricey international payments entirely by using two local transfers instead of one international transaction. If you want to convert your pounds to euros, you send the money in pounds to its UK-based account.

Fraud Prevention; E-wallets & Ibanisation
Invite friends to TransferWise; Send us verification documents; Set up Amount Lock transfers on available currency routes; Set up new transfers with previously used details and recipients; Pay via Apple Pay (iOS) and Google Pay (Android); Set up app-based 2-step login.
Statistics
Stacks
23
Stacks
20
Followers
46
Followers
40
Votes
0
Votes
9
Pros & Cons
No community feedback yet
Pros
  • 4
    Best exchange rates
  • 3
    Fast
  • 2
    API Support
Integrations
Java
Java
WordPress
WordPress
Ruby
Ruby
PHP
PHP
Zapier
Zapier
Talkable
Talkable
Solidus
Solidus
Shopify
Shopify
Chargebee
Chargebee
Elevio
Elevio
Pendo
Pendo

What are some alternatives to MANGOPAY, TransferWise?

Stripe

Stripe

Stripe makes it easy for developers to accept credit cards on the web.

PayPal

PayPal

PayPal is an online payments and money transfer service that allows you to send money via email, phone, text message or Skype. They offer products to both individuals and businesses alike, including online vendors, auction sites and corporate users. PayPal connects effortlessly to bank accounts and credit cards. PayPal Mobile is one of PayPal’s newest products. It allows you to send payments by text message or by using PayPal’s mobile browser.

Braintree

Braintree

Braintree replaces traditional payment gateways and merchant accounts. From one touch payments, to mobile SDKs and international sales, we provide everything you need to start accepting payments today.

Recurly

Recurly

Recurly is the leading pay-as-you-go recurring billing service because setup is easy, integrations are quick, and our service grows with the needs of your business.

Adyen

Adyen

A payments technology company that provides a single global platform to accept payments anywhere in the world. Businesses can process payments across online, mobile and in-store (POS) with over 250 payment methods and 187 currencies.

Payoneer

Payoneer

It is a financial services company that provides online money transfer and digital payment services and working capital solutions

Amazon FPS

Amazon FPS

With Amazon Flexible Payments Service developers can accept payments on their website for selling goods or services, raise donations, execute recurring payments, and send payments. Amazon customers can pay using the same login credentials, shipping address and payment information they already have on file with Amazon. Amazon FPS supports the processing of payments using credit cards, bank accounts and Amazon Payments account balances to send or receive money.

Zuora

Zuora

Zuora gives you the enterprise-class, cloud-based tools you need to launch and scale any subscription service, quickly and affordably. Design your pricing and packaging, start taking quotes and placing orders, automate your billing and payments, and keep tabs on your financials.

Razorpay

Razorpay

Razorpay is the only payments solution in India that allows businesses to accept, process and disburse payments with its product suite. It gives you access to all payment modes including credit card, debit card, netbanking, UPI and more.

WePay

WePay

WePay helps people sell tickets to events, send invoices, sell items online, and accept donations online. WePay also provides an API that allows developers to access its payments platform.

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