Mollie Checkout

What is Mollie

Mollie is a payment service provider (PSP) from the Netherlands that helps businesses accept online and in-person payments. Founded in 2004 by Adriaan Mol, the company's main goal is to make payment processing simple and accessible for companies of all sizes, from small startups to large enterprises. Headquartered in Amsterdam, Mollie has grown to become one of Europe's leading payment platforms. Its core function is to provide a single, easy-to-integrate solution that supports a wide variety of international and local European payment methods. This allows merchants to sell to customers across Europe without needing complex setups for each country's preferred payment option.

Mollie Features

• Multiple Payment Methods: Accept payments from major credit cards like Visa and Mastercard, as well as popular European methods such as iDEAL, Bancontact, SOFORT Banking, and Klarna.
• Online and In-Person Payments: Process transactions through your website, app, or at a physical location using Mollie's point-of-sale (POS) terminals and the Tap to Pay on iPhone feature.
• Customizable Checkout: Create a branded and seamless checkout experience for your customers to improve conversion rates. The checkout can be embedded directly into your site.
• Recurring Payments & Subscriptions: Easily set up and manage subscription plans and recurring billing for services or products.
• Payment Links: Generate and share secure payment links via email, SMS, or social media to request payments without needing a full webshop.
• Unified Dashboard: Manage all your transactions, view real-time data, handle refunds, and access financial reports from one central dashboard.
• Fraud Prevention: Advanced security tools help you detect and block fraudulent transactions, reducing risk and protecting your revenue.
• Easy Integration: Mollie offers pre-built plugins and integrations for major e-commerce platforms like Shopify, WooCommerce, and Magento, making setup quick and simple.

Mollie Pricing Plans

Mollie uses a transparent, pay-as-you-go pricing model. There are no monthly subscription fees, setup costs, or hidden charges. You only pay a fixed fee per successful transaction. The cost of the transaction varies depending on the payment method used by the customer. For example, a payment with a European credit card will have a different fee than a payment made with a local method like iDEAL. This structure is beneficial for businesses of all sizes, as costs scale directly with sales. For large enterprises with high transaction volumes, Mollie offers custom pricing plans with volume discounts.

Mollie Free Plan

Mollie does not have a traditional free plan, but it is free to create an account and integrate the service. There are no monthly fees or setup costs. You are only charged when you successfully process a payment. This means you can set up Mollie on your website, explore the dashboard, and have everything ready without any upfront investment. You only incur costs when you start making sales, which makes it a risk-free option for new businesses.

How to use Mollie

Getting started with Mollie is a straightforward process:

1. Create an Account: Go to the Mollie website and sign up for a free account by providing your business details.
2. Complete Verification: Submit the required documents to verify your business identity. This is a necessary step for security and compliance.
3. Integrate with Your Platform: Choose how to connect Mollie. You can use a pre-built plugin for your e-commerce platform (like Shopify or WooCommerce) or use the Mollie API for a custom integration.
4. Activate Payment Methods: In your Mollie Dashboard, select and activate the payment methods you want to offer to your customers.
5. Start Accepting Payments: Once integrated and activated, you can begin processing payments online or in-person.
6. Manage Funds: All transactions will appear in your dashboard. From there, you can manage refunds, view reports, and schedule payouts to your business bank account.

Pros and Cons of Mollie

Pros:

• Transparent Pricing: No monthly fees or hidden costs, you only pay for successful transactions.
• Wide Range of Payment Methods: Excellent support for local European payment methods, which can increase conversion rates in those markets.
• Easy to Use: The dashboard is user-friendly, and integrations with popular platforms are simple to set up.
• Developer-Friendly: Provides a powerful and well-documented API for custom solutions.
• All-in-One Platform: Manages online payments, in-person payments, and subscriptions in one place.

Cons:

• Europe-Focused: While it supports international cards, its main strength is in Europe. Businesses with a primary customer base in North America or Asia might find other providers more suitable.
• Payout Schedule: Payouts are not always instant and can be scheduled on a daily, weekly, or monthly basis, which may affect cash flow for some businesses.
• Support Response Time: While support is available, response times can sometimes be slow for businesses not on an enterprise plan.

Mollie integrations

Mollie offers a wide range of integrations with popular e-commerce platforms, accounting software, and other business tools. These integrations are designed for easy setup, often requiring no coding.

• Shopify Integration: Connect Mollie to your Shopify store to offer multiple payment methods at checkout.
• WooCommerce Integration: A dedicated plugin allows you to easily add Mollie as a payment gateway to your WordPress/WooCommerce site.
• Magento Integration: Seamlessly integrate with Magento 2 to process payments through your e-commerce store.
• Wix Integration: Add Mollie to your Wix website to accept payments from customers across Europe.
• PrestaShop Integration: A free module is available to connect Mollie with your PrestaShop online store.
• BigCommerce Integration: Integrate with BigCommerce to provide a localized payment experience for your customers.
• Accounting Software: Mollie also integrates with accounting tools like Xero and Exact Online to automate financial reconciliation.

Mollie Alternatives

• Stripe: A global leader in online payments, known for its powerful API and extensive developer tools. Stripe has a broader global reach than Mollie, making it a strong alternative for businesses selling worldwide.
• Adyen: A unified commerce solution that targets larger, enterprise-level businesses. Adyen offers a single platform for online, in-app, and in-store payments and has a strong global presence.
• PayPal: One of the most recognized payment brands globally. While often more expensive, its brand recognition can provide trust for customers. It is very easy to set up for basic payment processing.
• Braintree: A PayPal service that operates similarly to Stripe. It provides a merchant account and payment gateway in one, offering a robust solution for businesses of various sizes.

Mollie API

Mollie provides a powerful and well-documented REST API that allows developers to create custom payment solutions. The API lets you integrate Mollie's payment processing capabilities directly into your applications, websites, and backend systems.

To get an API key, you must first create a Mollie account. Once your account is set up, you can find your live and test API keys in the Mollie Dashboard under the 'Developers' section. There is no cost to access or use the API.

Here is a basic example of how to create a payment using the API with cURL:

curl -X POST https://api.mollie.com/v2/payments \
   -H "Authorization: Bearer test_YourApiKey" \
   -H "Content-Type: application/json" \
   -d '{
     "amount": {
       "currency": "EUR",
       "value": "10.00"
     },
     "description": "Order #12345",
     "redirectUrl": "https://your-website.com/order/12345",
     "webhookUrl": "https://your-website.com/webhooks/mollie"
   }'

Mollie Affiliate program

Mollie offers a Partner Program rather than a traditional affiliate program. This program is designed for web development agencies, platform providers, and developers who build solutions for clients. Partners can integrate Mollie's payment services into their clients' websites or applications. Benefits of the program often include technical support, co-marketing opportunities, and referral fees for bringing new merchants to the platform. To join, you typically need to apply through the Mollie website and demonstrate how you will be integrating or promoting their services. The commission structure is usually customized based on the partner's volume and level of collaboration. If you are an influencer or content creator, it is best to contact their partnership team directly to discuss potential collaboration opportunities.