<p>Mangopay, a provider of global wallet infrastructure, has announced an expansion of its payment capabilities to support five additional currencies. This development aims to broaden the company's local payout services, catering to demand in the APAC, Latin America, and EMEA regions.</p><p>The newly supported currencies include the Australian dollar (AUD), Hong Kong dollar (HKD), Singapore dollar (SGD), Mexican peso (MXN), and the Turkish lira (TRY). By integrating these currencies, Mangopay enables businesses utilizing its infrastructure to facilitate local payouts in these specific markets, which can simplify international payment operations and reduce cross-border complexities for digital platforms.</p><p>This update is part of the company's ongoing efforts to scale its wallet infrastructure for international commerce. The addition of these currencies provides users with more localized options for managing funds and executing payouts, reflecting the company's focus on enhancing its operational footprint in diverse global markets.</p>
Source: Finextra
Original article: https://www.finextra.com/pressarticle/111360/mangopay-extends-pay-out-coverage?utm_medium=rssfinextra&utm_source=finextrafeed
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