How do you ensure the security of my payment?
At Efty Pay, we prioritize our customers' trust and confidence by partnering with MangoPay, one of Europe's leading payment processors. In this article, we'll delve into MangoPay's features and benefits, highlighting its role in facilitating secure transactions for our platform.
Here’s what we cover in this article:
- Who is MangoPay?
- EU-licensed and regulated
- Guaranteed safe and secure transactions
- High-level fraud detection systems
- Verified sellers only
Who is MangoPay?
MangoPay is one of Europe's premier payment processors, trusted by many renowned companies, including Chrono24, Rakuten, and Vinted. With a solid reputation in the industry, MangoPay has established itself as a reliable partner for facilitating online payments.
EU-licensed and regulated.
One of the key aspects that sets MangoPay apart is its status as a European Union (EU) licensed and regulated financial institution. This accreditation underscores MangoPay's commitment to adhering to stringent regulatory standards, providing our buyers and sellers with peace of mind regarding the safety and legality of transactions processed through our platform.
Guaranteed safe and secure transactions
At Efty Pay, we prioritize the security of transactions conducted by our customers. By leveraging MangoPay's services, we ensure that every transaction is processed through a platform with state-of-the-art security measures. MangoPay employs advanced encryption protocols and security features to safeguard sensitive financial information, mitigating the risk of unauthorized access or data breaches.
High-level fraud detection systems
In addition to MangoPay's robust security infrastructure, we have implemented the highest level of fraud detection systems within our marketplace. These systems are designed to detect and prevent fraudulent activities, thereby minimizing the occurrence of fraudulent transactions and safeguarding the interests of buyers and sellers.
Verified sellers only.
Efty Pay ensures that all sellers undergo a rigorous verification process to further enhance the security of transactions on our platform. Our process requires individual sellers to provide identification documents. This verification helps us confirm the authenticity of the seller's identity, ensuring that only legitimate individuals can sell on our platform. For businesses, our process entails a comprehensive review of the company's business registration certificates and corporate structure. By conducting thorough checks, we can verify businesses' legitimacy and operations, ensuring that our buyers interact with credible and trustworthy entities.