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What is MONEI?

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MONEI lets you manage your entire payment stack (online and offline) from one platform so you can:​

The e-commerce integration process is quick and easy. Plug in with popular e-commerce platforms like Shopify, WooCommerce, PrestaShop, Wix, Magento (Adobe Commerce) or connect your custom-built website and use the Payments API to start accepting more payment methods.

For physical payments, all you need is the MONEI Pay app (no website required).

MONEI employs an international team and is headquartered in Málaga, Spain.

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Sign up for MONEI today to test payment methods and integrations. No commitment or payment info is required for testing.

Why MONEI​

Grow your business with MONEI’s omnichannel payment features — and do it all from one platform.

Key benefits of choosing MONEI as your payment service provider​

  1. Accept local and alternative payment methods like Bizum, MBWay, Apple Pay, Google Pay, Click to Pay, and more from a single integration.
  2. Optimize your payments and increase conversions with real-time payment analytics.
  3. Save time registering for a Virtual POS from an with built-in merchant-acquiring services.
  4. Increase your transaction acceptance rate, reduce risk, and build stronger relationships with acquiring banks with payments orchestration.
  5. Pay less on transaction fees with dynamic pricing.
  6. Customize checkout with your logo, branding, and domain, and choose which payment methods customers see based on their location, purchase history, or transaction amount.
  7. Turn your smartphone into a POS so you can accept physical payments at events or in your permanent store. (MONEI Pay)
  8. MONEI’s serverless system was the winner of Amazon’s AWS Startup Architecture of the Year Program (2020).

Example MONEI hosted payment page with card, Bizum, and Google Pay options

How MONEI compares to competitors​

MONEI vs Shopify Payments​

MONEI is the primary alternative to Shopify Payments and the only PSP that supports Bizum for Shopify, a payment method that holds 36% of the payments market share in Spain.

Compare MONEI to Shopify payments

MONEI vs Redsys​

Unlike Redsys, MONEI helps you increase conversions by accepting more alternative payment methods through a personalized, secure, and reliable checkout.

Compare MONEI to Redsys

MONEI vs Stripe​

Switch from Stripe to MONEI to spend less on transaction fees, accept Bizum, and get personalized support from payments experts with local experience in Spain.

Compare MONEI to Stripe

How MONEI works​

MONEI is a fintech company that helps omnichannel merchants accept more alternative and local payment methods online, in-store, and on the go.

Here's an illustration of how the payment flow works and the parties involved:

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Consult our payments glossary and the list of resources below for more technical information about payments.

How does MONEI work?​

MONEI is a payment service provider (PSP) that aggregates payment methods and processors into a single platform. Our software integrates with e-commerce solutions like Shopify, Adobe Commerce (formerly Magento), PrestaShop, Wix, and WooCommerce. Our payments API also makes it easy to connect with custom-built e-commerce websites.

You can customize the appearance of your payment page and because it's dynamic, it will only show relevant payment methods to customers. For example, if they're using an iOS device, Apple Pay will be available while Google Pay will be hidden (and vice versa if the customer is paying from an Android device).

Plans and sectors​

With MONEI, merchant acquiring is built-in. This means you don't have to request a Virtual POS (also known as a merchant ID) from the bank. All you have to do is sign up for MONEI and once your account has been approved, you can start transacting.

You can use payments orchestration if you'd like to improve your transaction approval rate by routing online payments to different processors. To do this, you'll need to obtain a Virtual POS from your bank. It's recommended for enterprise e-commerce businesses with high transaction volumes.

Our payments platform supports omnichannel merchants meaning whether you only sell online or also have a physical store, sell at pop-up shops, or run a service-based business (like a taxi driver, restaurant, dentist, or freelancer), we can help you accept payments (and a range of customer-preferred methods).

Physical payments​

Accepting an in-person payment in the MONEI Pay app

For in-person payments, you don't need to worry about expensive and bulky POS hardware. With MONEI Pay, you can turn a compatible phone into a payment terminal and accept Tap to Pay payments from contactless cards and digital wallets using the MONEI Pay mobile app. You can also accept QR code payments from the app or web app, or use Pay By Link to send payment requests to customers via email, SMS, or WhatsApp.

Payment security​

You can always leave payment security to us. MONEI is PCI DSS Level 1 and PSD2 compliant and has 3D Secure 2.0. authentication. You'll never have to worry about compromising sensitive payment data or personal information.

Additional resources​

Business types​

MONEI provides payment services to small and medium-sized businesses in a range of sectors. Here's an overview of our products and the industries that use them:

Payment gateway (online payments)

  • E-commerce merchants

MONEI Pay (physical payments)

  • Retailers
  • Restaurants
  • Hotels
  • Freelancers

MONEI Connect (integrated payments)

  • Business platforms and marketplaces in retail, hospitality, entertainment, and digital products

Recurring payments and subscriptions

  • SaaS companies
  • E-commerce (WooCommerce)