Debenhams Group has selected Mangopay’s wallet infrastructure to handle payments and power the next phase of its marketplace growth in a multi-year partnership deal.

The integration with Mangopay will enable Debenhams to simplify multi-seller pay-outs, enhancing payment handling operations to drive efficiency and growth.

“As an online business, we’re constantly evolving to meet the needs of modern retail, from how customers shop to how sellers transact,” Dan Finley, CEO of Debenhams Group said. 

The partnership will enhance how Debenhams manages multi-seller payments across the 15,000+ premium brands that sell on its marketplace. Enabling real-time fund distribution via wallet-based infrastructure, it also affords the fashion retailer automated payment reconciliation and invoicing.

“Mangopay offers the flexibility and strategic insight we need to optimise our marketplace operations. Its wallet-based infrastructure integrates effortlessly with our existing systems, allowing us to unlock efficiency without disruption,” Finley commented.

The appetite for flexible and intuitive wallet-based payments is growing, with insight from Mangopay’s latest report showing that 43% of platform users prefer to pay and get paid via built-in app wallets.

“We’re always proud to offer our wallet-based services to leading platforms such as Debenhams,” said Jonathan Greenland, Sales Director at Mangopay. “We’re looking forward to seeing our joined forces thrive in this dynamic platform ecosystem.”