MONEI’s payment gateway aggregates many payment methods and processors into a single platform to help e-commerce businesses grow faster.
Users in Spain and Andorra can accept credit and debit cards, digital wallets like PayPal, Google Pay, and Apple Pay, and local payment methods such as Bizum and Cofidis.
Using smart routing technology transactions get sent to many payment processors — merchants approve more payments, while also boosting customer experience.
Its serverless architecture won the AWS Startup Architecture of the Year challenge and lets merchants process a high volume of transactions, so they can scale.
MONEI offers dynamic billing — as merchants sell more, their fees decrease.
Its API makes the integration process quick and easy. MONEI merchants can plug in with e-commerce platforms including Shopify, WooCommerce, Wix, and SalesForce Commerce Cloud, or integrate with their custom-built website.
Either way, the experience is seamless. Online businesses can accept frictionless payments without redirecting customers to a third-party domain.
MONEI employs an international team and is headquartered in Barcelona, Spain.
A PG is a transaction processing technology that captures, stores, and transmits card information from the customer to the acquirer.
A PSP is a financial entity that is authorized to process transactions between buyers and merchants.
A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.
A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.
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