MangoPay is our partner electronic money institution for campaign based in Europe and collecting funds in Euros. It allows you to contribute on a project with the following payment options:
- Bancontact / Mister Cash
When a contributor is making their first contribution, a MangoPay electronic wallet is automatically created and credited with the amount of the contribution.
If the campaign is successful, the funds will be transferred to the project creator's electronic wallet, then on his/her bank account, minus a 8% fee all taxes included (5% for KissKissBankBank commission and 3% for MangoPay banking transaction fee).
If the campaign fails, the funds will be entirely paid back, without any fee, on the contributors bank account (associated to the credit card they used to make the payment). During the whole process, we verify and validate the transactions consistency. The funds never reach KissKissBankBank bank account.
For any additional information on MangoPay, please check https://www.mangopay.com/en_UK/.