Debenhams Group, an online retailer that caters to fashion, home, and beauty products through five shopping platforms—Debenhams, Karen Millen, boohoo, MAN, and PLT, has chosen Mangopay’s wallet infrastructure for its marketplace expansion.
The integration of Mangopay’s technology will streamline payouts, enhance operational efficiency, and lay a foundation ready for future growth. Currently, Debenhams operates a marketplace that connects customers with over 15,000 premium brands across various sectors.
Growth in Wallet-Based Experiences
A rising trend is the preference for wallet-based payment experiences among users, as highlighted by Mangopay’s report. According to their research, 43% of platform users favor using built-in wallets for both paying and receiving transactions. As organizations such as Debenhams adapt to this shift, they position themselves at the forefront of digital commerce.
Mangopay offers a wallet-based payment infrastructure designed for complex fund flows. Its programmable wallet solution simplifies fund management by allowing platforms to control payments, secure transactions, and automate payouts effectively. The white-label infrastructure supports both revenue growth and operational efficiency while ensuring compliance and fraud prevention.
Officials from Debenhams Group have highlighted that the flexibility and strategic insights provided by Mangopay are crucial for expanding their marketplace operations. The new wallet-based infrastructure will integrate smoothly with existing systems, supporting a seamless transition without disruptions.
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