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Mangopay makes payments easy for users by allowing them to pay in multiple currencies and with various payment methods. Using it can easily set up recurring payments and even set up global payment platforms. It provides customizable payment flow along with real time monitoring and of course strong security.
Stripe marketplace allows vendors to receive real time payments and also allows customers to pay using both credit and debit cards. This feature also provides three types of stripe connect account type - 'Standard', with Standard accounts vendors would have to connect their accounts with admin in order to receive payments. Then, 'Express', here the the Admin can connect with multiple vendor accounts and transfer the vendor’s payment immediately. Lastly, 'Custom', here from the creation of the vendor stripe account to payment processing, is done by the Admin. It also supports stripe charges. Depending on the charge type selected by the admin the funds are split between admin and the vendor. The charge type support Marketplace Stripe provides are 'direct', 'destination' and 'separate charges and transfer'.
This feature is introduced to make payment more convenient. With this feature now admin can accept payments from any mode, many vendors, and operate on a real-time basis. It's real time split payment feature allows the vendors to receive the payment as soon as the customer pays. Moreover, it accepts payment from any currencies and any account type be it credit or debit. Admins can even set dates of payment for vendors. Moreover, PayPal’s in-built plus strong antifraud and money laundering tool helps make payment secure.