Components
The string of text that appears on the bank statement to describe a transaction contains, in order:- A reference to Mangopay (e.g., MGP)
- Your platform’s trading name (as opposed to the legal registered name)
- Additional custom text that you can define
Note – Banks have ultimate control of the text displayedMangopay can supply a string of text for the bank statement but ultimately it is the user’s bank that decides if and how much of that information is displayed.
Pay-ins
On pay-ins, platforms can use theStatementDescriptor
parameter to send custom text (only alphanumeric characters or spaces).
The structure of the complete string sent is:
MGP*On the following endpoints, theTradingName
StatementDescriptor
StatementDescriptor
length is limited to 10 characters:
- Create a Direct Card PayIn
- Create a Web Card PayIn
- Create a Recurring PayIn (CIT)
- Create a Recurring PayIn (MIT)
- Create a Preauthorization
- Create a Deposit Preauthorization
- Create an Apple Pay PayIn
- Create a Bizum PayIn
- Create a BLIK PayIn
- Create a Giropay PayIn
- Create a Google Pay PayIn
- Create an iDEAL PayIn
- Create a Klarna PayIn
- Create an MB WAY PayIn
- Create a Multibanco PayIn
- Create a PayPal PayIn
- Create a Satispay PayIn
- Create a TWINT PayIn
StatementDescriptor
constraints differ depending on the Mandate scheme:
- BACS – The length is truncated after 10 characters
- SEPA – The length is limited to 100 characters
StatementDescriptor
TradingName
Pay-in refunds
For refunds, theStatementDescriptor
is only available on the direct debit payment method, both SEPA and BACS.
The length is limited to 10 characters (alphanumeric or spaces).
The string sent is only the parameter:
StatementDescriptor
Payouts
On payouts, platforms can use theBankWireRef
parameter to send custom text, including special characters.
The structure of the complete string sent is:
MGP*On payouts, the recommended length is 12 characters. Strings longer than this may be truncated depending on the bank. The technical limit is 255 characters.TradingName
BankWireRef