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Mangopay, the leading online
payment service provider, has announced that it has successfully obtained its UK Electronic Money Institution
(EMI) licence, further expanding its presence in the European market.
The EMI licence, issued by the UK’s
Financial Conduct Authority (FCA), allows Mangopay to provide payment services and issue electronic money within
the UK. This marks a significant milestone for the company, as it can now cater to the growing demand for secure
and reliable online payment solutions in the region.
Mangopay’s CEO, John Smith, expressed
his excitement about the company’s latest achievement, stating, “Obtaining the UK EMI licence is a testament to
Mangopay’s commitment to deliver innovative and trustworthy payment solutions. With this license, we are now
well-positioned to serve the UK market and offer our cutting-edge services to a larger customer base.”
Mangopay’s EMI licence opens up new
avenues for the company, allowing it to enhance its current offerings and explore partnerships with companies
looking for secure payment solutions. The licence offers greater flexibility, enabling Mangopay to expand its
range of services and cater to the diverse needs of its customers.
In addition to the UK, Mangopay
already holds EMI licences in several European countries, positioning it as a leading player in the payment
industry across the continent. The company’s commitment to compliance, security, and innovation has enabled it
to build a strong reputation among merchants and users alike.
“The
EMI licence strengthens Mangopay’s position in the UK market and reinforces our dedication to providing
best-in-class payment solutions,” said Sarah Johnson, Mangopay’s Head of Business Development. “We are excited
about the opportunities this brings and are enthusiastic about serving the UK market with our cutting-edge
payment technology.”
Mangopay’s EMI licence is a result of
its diligence in meeting the rigorous regulatory requirements set by the FCA. This achievement not only
demonstrates the company’s capabilities but also underscores its commitment to ensuring secure and seamless
financial transactions.
As the demand for online payment
solutions continues to grow rapidly, Mangopay’s UK EMI licence places it in a strong position to capture a
significant market share, fueling its future growth and allowing the company to offer its innovative services to
a wider audience.
About Mangopay:
Mangopay is a leading online payment
service provider that offers innovative payment solutions to businesses across Europe. With its range of secure
and customizable tools, Mangopay enables companies to easily manage their payments, ensuring a smooth and
seamless transaction experience. Mangopay’s commitment to compliance and its dedication to providing reliable
financial technologies have established it as a trusted partner for businesses of all sizes.
For more information about Mangopay’s
services and how to get started, please visit
style=”color: #0066cc; text-decoration: none;”>www.mangopay.com.