Mollie Alternatives for Payments: Guide for Merchants

Note that the information about the payment providers found in this article was taken from their respective websites on 13 January 2025. This information is subject to change.

While Mollie is a popular choice for merchants across Europe, it’s not without limitations – especially if you’re looking for modern solutions like open banking. Open banking is reshaping e-commerce payments with lower costs, faster settlements, and a better user experience. Yet, Mollie doesn’t offer this payment option.

If you need a payment provider that offers innovative solutions like open banking, it’s worth exploring Mollie payment alternatives. Let’s look at the options to find the best fit for your business.

What Is Mollie & What Do They Offer?

Mollie is a leading European payment service provider founded in 2004, which enables businesses to accept online and in-person payments.

How Does Mollie Work?

Mollie offers 29 payment methods, including key bank card networks, popular digital wallets, buy now pay later (BNLP), and other alternative options.

Mollie Payment Links enable payments via a customisable payment link. Meanwhile, Mollie Checkout offers customisable checkout components. Mollie Recurring Payments enable merchants to create flexible, scalable subscription plans and streamline billing.

Mollie offers in-person payment hardware. Mollie Mobile Terminal is a point-of-sale (PoS) solution for retail, food and drink, booking platforms, and more. Meanwhile, with Mollie Kiosk Terminal merchants can create a custom in-person checkout experience for self-serve and ticket sales.

In terms of third-party integrations, Mollie Plugins allows users to connect to more than 120 ready-made integrations. These include e-commerce platforms such as WooCommerce and OpenCart, as well as other business tools such as invoicing and accounting.

Mollie offers services to companies based within the European Economic Area (EEA), Switzerland or the UK.

What Does Mollie Not Offer?

While Mollie is a versatile payment provider, it does not support open banking payments (pay-by-bank) – an API-based payment method rapidly gaining traction in e-commerce due to significant benefits of open banking over card payments:

• Lower costs: Open banking bypasses card networks, eliminating interchange and scheme fees. This makes payments more cost-efficient for both customers and merchants.
• No chargebacks: Payments are authorised directly from the customer’s bank account, removing chargeback risks. Customers have to go via the refund route.
• Better user experience: Customers don’t need to input card details and are directed to their trusted bank interface, meaning smoother transactions and less cart abandonment.
• Faster settlement: Payments move account-to-account in real time, speeding up settlement times compared to card networks.
• Bank-level security: Authorisation takes place within the bank’s secure environment, ensuring robust protection against fraud.

Merchants seeking to leverage these benefits may want to explore alternatives to Mollie that integrate open banking payments alongside other features.

Best 3 Mollie Alternatives for Payments in 2025

Noda

Noda is a great company like Mollie for e-commerce merchants looking beyond card payments. Our platform delivers card payments as well as robust open banking payment options and advanced data solutions.

Our Open Banking API provides a seamless user experience, reduces fees, and eliminates chargebacks. With connections to over 2,000 banks across 30 countries, we support multiple currencies and operate globally, reaching beyond the UK, Europe and beyond. Noda is the ultimate Mollie open banking alternative for global businesses.

We offer plugins for top e-commerce platforms like OpenCart, WooCommerce, Magento, and PrestaShop, ensuring seamless integration.

Noda enhances conversions with a streamlined checkout form powered by AI-driven routing. For businesses with limited tech resources, our no-code payment links and QR codes provide smooth setup.

Additionally, Noda’s advanced data tools, including secure bank login and Know Your Whales (KYW) insights, enable better customer behaviour predictions and informed decision-making. With transaction-based pricing, Noda simplifies payments and accelerates your business growth.

Key Takeaway

Noda is ideal for e-commerce merchants seeking simplicity and quick setup. It offers all essential payment methods, including cards, open banking, payment links, and QR codes. Advanced features like data solutions and customer insights can help boost revenues while streamlining operations.

Adyen

Adyen is a payment processor like Mollie, but it’s even larger and more internationally focused. It supports 92 online payment methods, including bank cards, open banking payments, digital wallets, and BNPL options.

With Adyen, merchants can create customised, optimised checkouts across all devices, including in-app payment flows. Additionally, Adyen’s Pay-by-Link solution allows merchants to integrate no-code payments.

For businesses operating across channels, Adyen Unified Commerce connects online and offline payments in a single system. Adyen Embedded Payments caters to marketplaces, allowing users to sign up, sell, and get paid through one streamlined platform.

Adyen PoS solutions include a variety of devices, from tap-to-pay options to mobile and countertop terminals, ensuring flexibility for in-person transactions. Beyond payments, Adyen offers Revenue Optimisation tools, Card Issuing, Capital, and other features.

Key Takeaway

Adyen’s extensive features make it a versatile choice for businesses with diverse needs and global reach. However, its complexity may not suit merchants seeking straightforward, easy-to-implement solutions.

Checkout

Checkout is a payment gateway like Mollie, offering a range of online payment solutions.

Merchants can process payments via API, mobile SDKs, plugins, hosted payment pages, and payment links. The platform also provides local acquiring, card issuing, intelligent acceptance, and other advanced features. Additionally, Checkout offers protection tools like verification, authentication, and dispute management.

Checkout supports over 30 payment methods including cards and digital wallets, but not open banking. It processes transactions in 150+ currencies, provides domestic processing in 55 countries, and offers settlements in 20 currencies.

Checkout currently does not support in-person payment solutions.

Key Takeaway

Checkout is a strong option for e-commerce merchants with global operations and diverse payment needs, especially those focused on card payments. However, similar to Mollie, it lacks open banking as a payment method, which could limit appeal for businesses seeking cost-efficient alternatives.

What Mollie Competitor Is Best for Your Business?

Choosing the best Mollie alternative depends on your business model, payment needs, and goals. Each provider has strengths suited for different types of merchants. Here’s a breakdown to help you decide.

If your business prioritises cost-efficiency and simplicity, Noda is a standout choice. Its open banking payments bypass expensive card networks, reducing fees and eliminating chargebacks. With no-code tools like payment links and QR codes, Noda is perfect for merchants who need easy setup and seamless integration with major e-commerce platforms. Advanced data tools also make it ideal for businesses looking to optimise customer insights and drive growth.

For businesses with complex payment operations or global reach, Adyen is a strong alternative. It supports a wide range of payment methods, including open banking, BNPL, and connects online and offline payments. However, its extensive features may feel overwhelming for smaller merchants or those seeking straightforward solutions.

Merchants focused on online card payments and global processing might consider Checkout. Its comprehensive API, mobile SDKs, and plugins provide flexibility, while tools like local acquiring and intelligent acceptance boost performance. That said, its lack of open banking payments could be a drawback for businesses looking to save on fees and improve the user experience.