Mangopay Revolutionizes Automotive Marketplace Payments with mobile.de Partnership

In a move set to transform the automotive marketplace, Mangopay, a leading payment infrastructure provider, has partnered with Germany’s largest automotive marketplace, mobile.de, as stated in FinTech Magazine. This collaboration aims to enhance the user experience by introducing a tailored payment solution, allowing consumers to buy or sell vehicles securely within the marketplace’s trusted environment.

Mangopay, known for its modular and flexible payment solutions, has been at the forefront of simplifying buying and selling processes. The partnership with mobile.de follows other successful ventures, such as its collaboration with fintech innovator Storfund, which offers sellers immediate payment activation for their sales, eliminating the standard wait time.

Romain Mazeries, CEO at Mangopay, expressed excitement about the collaboration, stating, «Supporting the growth ambitions of the marketplaces we work with is core to our mission.» He added, «We’re delighted to be working with mobile.de to transform its offer and customer journey.»

The partnership allows consumers to pay or receive payments for vehicles directly within the mobile.de platform, streamlining the transaction process. This embedded payment solution is designed to be more user-friendly, ensuring a seamless experience for buyers and sellers alike.

Ajay Bhatia, CEO at mobile.de, emphasized the importance of a safe payment solution in the automotive marketplace. «For many people, buying a car is one of their biggest investments, and there is a great need for a safe payment solution,» he explained. «Therefore, mobile.de has launched ‘Safe Pay’ in close cooperation with Mangopay. We’re convinced Safe Pay will drastically improve the user’s car buying journey.»

Mangopay’s flexible payments infrastructure has been supporting marketplaces since 2013, with over 2,500 platforms benefiting from its services. The company’s modular solution allows marketplaces to create specific payment infrastructures tailored to their needs.

With its innovative approach and commitment to enhancing user experiences, Mangopay continues to lead the way in revolutionizing payment solutions for marketplaces and platforms.