Mollie Fees for Online Merchants: Breakdown & Alternatives

Please note that the information about the companies in this article was sourced from their respective websites as of May 2025. This information may be subject to change.

Struggling to decode Mollie’s fees? Many merchants do. While there’s no monthly charge, the per-transaction costs—especially for cards—can quickly eat into your margins. Add the complexity of different fees by payment method and region, and it becomes hard to predict how much you’ll pay.

In this article, we break down how Mollie’s pricing adds up in real life—and introduce a simpler, lower-cost alternative.

What Are Mollie’s Rates and Fees?

Mollie’s pricing is designed with two clear options depending on your business size and needs:

• Standard pricing: Mollie charges only for successful transactions. There are no minimum monthly costs, contract commitments, or additional fees. This structure suits businesses with varying or moderate payment volumes.
• Volume pricing: For businesses processing over £50,000 per month, Mollie provides custom rates based on transaction volume and payment methods.

Mollie’s Transaction Fees

When fees are charged per transaction, the amount depends on the payment method used and where the transaction takes place. Here’s a breakdown of the costs.

Domestic Transactions

International Transactions

Other Payment Methods

Mollie’s Payouts

Mollie lets merchants choose their payout schedule at no extra cost. Options include:

• Every business day
• Weekly on a chosen business day
• Monthly on the first business day

No instant payouts are available, as per Mollie’s website.

Multi-Currency Payouts

For multi-currency payouts, Mollie allows businesses to receive funds in the same currency they were paid. Each account has a primary currency, with the option to add up to 11 more.

If a payment is made in a supported currency that’s been added, it will be paid out in that currency. If not, the amount is automatically converted to the primary currency before payout.

How Mollie Fees and Charges Add Up

Mollie charges per transaction, which keeps things transparent—but those fees can add up depending on how your customers choose to pay.

Mollie Fees: Real-Live Example

Let’s say you run a UK-based online store making £20,000/month, with an average order value of £20. That means around 1,000 transactions per month. Most of your customers pay using UK consumer Visa or Mastercard cards.

Here’s the breakdown:

• Card fees (1.20% + £0.20): £440/month

1.20% of £20,000 = £240
£0.20 x 1,000 transactions = £200

Add a few alternative payment methods:

• Klarna Payments (10 transactions of £20 each)= £13

Klarna fee: 4.99% of £20 = £1.00
+ Fixed fee: £0.30
Total per Klarna transaction = £1.30

• Pay-by-Bank (20 transactions of £20 each) = £7.60

Pay-by-bank fee: 0.90% of £20 = £0.18
+ Fixed fee: £0.20
Total per pay-by-bank transaction = £0.38

It's worth noting that Mollie’s pay-by-bank fees are on the more expensive side compared to industry standards. For example, at Noda, pay-by-bank fees usually range from just 0.1% to 1% per transaction.

Total estimated fees:
£440 (card) + £13.30 (Klarna) + £7.60 (pay-by-bank) = £460.90/month

Even without monthly platform fees, Mollie’s per-transaction costs can add up—especially when you factor in high-fee methods like Klarna or commercial cards. Choosing the right mix of payment methods can help reduce your overall costs.

Faster, Smarter Alternative to Mollie

Mollie’s fees can add up quickly, and there’s no option for instant payouts. Even their “cost-efficient” pay-by-bank comes at a higher rate than many providers.

At Noda, pay-by-bank is what we do best. Powered by open banking, pay-by-bank cuts out card networks and wallet providers completely—so you get faster, more secure payments with lower fees, no chargebacks, and a smoother checkout.

Here’s how it works:

1. At checkout, the customer selects pay-by-bank
2. They choose their bank (Noda connects to 2,000+ banks across 28 countries)
3. They approve the payment via their bank app using Face ID, fingerprint, or passcode
4. Funds land in your account instantly

Open banking is fully PSD2-regulated and built on secure, bank-grade APIs. It's already trusted by over 14 million users in the UK and 63 million across Europe—especially Millennials and Gen Z, who prefer fast, app-based payments.

Why Open Banking Works Better

• Lower fees: No intermediaries like card networks or wallets means more money stays in your business
• Instant payouts: Funds land in your account immediately, improving cash flow and reducing reliance on payout schedules.
• Superior UX: No logins, no card details needed—just a quick bank app approval with Face ID or fingerprint.
• Stronger security: Runs on secure, regulated bank APIs with built-in multi-factor authentication.
• No chargebacks: Bank payments are final, so there’s no risk of revenue loss from disputes.

Integrate Pay-by-Bank with Noda

At Noda, we’re here to help you lower your payment processing costs—guaranteed. Our pay-by-bank fees start as low as 0.1% per transaction, with full access across the UK and Europe. You’ll get a smooth, user-friendly checkout experience and easy integration options to fit your business setup.

• Want full control? Build a custom checkout with our Open Banking API.
• Prefer speed? Share instant payment links or QR codes with a pay-by-bank checkout. 
• Using an e-commerce platform? Just install our e-commerce plugins and go live fast.

You’ll also get a dedicated personal manager to help you get set up and stay supported—whenever you need it. Noda’s pay-by-bank is built around your business, not the other way around.