How do I build my crowdfunding payment flow ?
Our payment solution fits all types of crowdfunding platforms: reward, equity, donation, loan.
Crowdfunding platforms can design their payment flow to best fulfill their needs. Here are the main choices you should make:
Choose whether donators and investors pay upfront or simply pre-authorise and guarantee the funds. The main advantage of having people paying upfront is that funds will be stored in our escrow bank account and will therefore be available for project owners for as long as they wish.
Choose whether to impose a time limit on the escrowing of funds.
Choose what your refund policy will be.
Choose when to collect your commission. This can be dependent on the project owner, crowdfunding campaign and amount raised.
Choose to create one single e-wallet per project. This will guarantee a transparent and efficient environment.
Choose whether to link an IBAN to every e-wallet to easily allow investments and donations for any project.
Please be aware that you will need to respect our user identification and fraud rules.
If you need help designing your customised payment flow, please contact our support team. Our compliance team can also validate your payment flow to make sure that MANGOPAY fits your business needs.
Please click here to find out how to integrate MANGOPAY into your crowdfunding platform.