E‑Wallet

MANGOPAY’s E‑Wallet is a programmable, multi-currency wallet infrastructure tailored for platforms and marketplaces. It provides embedded financial capabilities—like pay-in, transfers, currency conversion, and payouts—while managing reconciliation, funds flow, and compliance, enabling seamless and scalable money movement.

Features

• Multi-currency wallets to hold funds in currencies required by the business
• Programmable wallets with control over transfers, conversions, disbursements, fees, and reconciliation
• Embeddable wallets for user-specific experiences and monetization on platforms
• Virtual IBAN support for local account operations and streamlined settlements
• Global payouts supporting mass or individual transactions in multiple currencies
• Built-in FX capabilities: guaranteed or real-time exchange rates with competitive pricing
• AI‑driven fraud prevention and identity verification (KYC/KYB) across 170+ countries
• Comprehensive transaction ledgers and audit logs for tracking and compliance

Capabilities

• Create and manage unlimited wallets per user, each tied to a currency and user identity
• Enable pay-ins from various methods—cards, bank transfers, e-wallet top-ups—and channel them into wallets
• Perform fund transfers between wallets within the platform’s environment
• Convert currencies between wallets with on-demand or locked-in FX options
• Support mass or scheduled payouts to external bank accounts worldwide
• Implement fee collection, commission splits, escrow, and virtual account workflows via custom logic
• Scale payment operations with global reach and local settlements through virtual IBANs
• Ensure regulatory compliance with AML, fraud detection, KYC/KYB, and transaction monitoring

Benefits

• Accelerates launch of financial services with embeddable wallet infrastructure
• Enhances user experience with platform-native wallets and fast payouts
• Drives new revenue streams through fees, FX margins, and wallet-based services
• Reduces operational burden with automated reconciliation and virtual IBANs
• Improves trust and security through AI-powered fraud prevention and identity checks
• Supports international growth with multi-currency and cross-border payout capabilities
• Enables defensible compliance using transparent transaction ledgers and audit logs