Mollie Review for Merchants: Is Mollie Right for Your Business?

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

If you run an online business in Europe, you’ve probably faced the usual headaches: confusing local payment methods, clunky integrations, and pricing structures full of hidden fees.

Mollie is a payment provider that promises to fix all that. It positions itself as the simple, fast, payments platform for European merchants. But how well does it really deliver on those promises?

In this Mollie review, we break down Mollie’s pros and cons, pricing, payment methods, integration features, and more. We’ll also introduce Noda, a next-generation open banking platform that some merchants are switching to for faster settlements, lower fees, and real support.

Mollie’s Pros and Cons

Mollie Overview

What Is Mollie?

Mollie is an Amsterdam-based payment platform that helps businesses across Europe and the UK accept and manage payments easily. It offers online and in-person payments, subscriptions, fraud protection, and financial reporting.

Mollie Ownership

Mollie was founded in 2004 by Adriaan Mol, who still leads the company and is a majority shareholder. He started the business in Amsterdam at just 18 years old and remains its majority shareholder.

External investment began in 2019, with major funding rounds following, including a $800m Series C in 2021. Today, Mollie is still founder-led, with backing from top global investors like Blackstone, EQT Growth, and General Atlantic.

Mollie Valuation & Revenue

Mollie is a profitable company. In 2024, it reported €214 million in Mollie’s revenue, a 28% increase from the year before, along with €115 million in gross profit and its first positive EBITDA since 2018. While exact transaction volumes weren’t disclosed, previous reports show Mollie processes tens of billions of euros each year.

Mollie’s Coverage of Countries, Currencies, Industries

Mollie’s Available Countries

Mollie is available to businesses registered in the EEA, the UK, or Switzerland. To use it, merchants need a registered business and an IBAN at a business bank account in one of these countries.

Some countries (marked with a *) have minimum sales volume requirements. Mollie isn’t available to businesses outside these regions.

• Austria
• Belgium
• Bulgaria*
• Croatia*
• Cyprus*
• Czech Republic
• Denmark
• Estonia*
• Finland
• France
• Germany
• Greece
• Hungary
• Iceland*
• Ireland
• Italy
• Latvia*
• Liechtenstein*
• Lithuania*
• Luxembourg
• Malta*
• The Netherlands
• Norway
• Poland
• Portugal
• Romania
• Slovenia
• Slovakia*
• Spain
• Sweden
• Switzerland
• United Kingdom

Mollie’s Coverage of Currencies

Mollie lets merchants accept payments in a wide range of currencies outside Europe via varying payment methods (see table below). However, payouts can only be made in a smaller set of currencies.

If you accept payments in a different currency than your payout currency, Mollie will convert the funds automatically and apply a currency conversion fee. Accepted payment currencies include:

Mollie’s Language Support

Mollie's website is localised to a number of European languages. It’s likely that its dashboard and payment UX would reflect the same list of languages:

• English
• Czech
• Danish
• Deutsch
• Spanish
• French
• Italian
• Hungarian
• Norwegian
• Polish
• Portuguese
• Slowenian
• Swedish
• Finnish

Mollie serves a wide range of industries, with clients that span from fast-growing startups to large enterprises. Its case studies and client highlights show strong experience in sectors like retail, fashion, beauty, SaaS, transportation, and food delivery, especially in Western Europe.

In e-commerce and retail, Mollie powers checkouts for brands like Lounge Underwear (fashion), Rosefield (watches and jewellery), and 12GO Biking (bike shop). In beauty and skincare, it supports direct-to-consumer sales for brands like Dermalogica and Facetheory.

Mollie doesn’t support businesses in high-risk or sensitive areas such as adult, gambling, certain financial services and others. 

Mollie’s Payment Gateway & Other Features

Mollie’s Payment Methods

Mollie’s integration with gateway supports a broad range of online payment methods, enabling merchants to offer popular local and international options across Europe.

Here is a clear, up-to-date list based on Mollie’s website:

• Credit and debit cards: Visa, Mastercard, Maestro, American Express, Cartes Bancaires
• Digital wallets: Apple Pay, Google Pay, PayPal
• Bank transfer & direct debit: SEPA Credit Transfer, SEPA Direct Debit, BACS, Pay-by-bank
• Local European methods:

- iDEAL (Netherlands)

- Bancontact (Belgium)

- EPS (Austria)

- Przelewy24 (Poland)

- KBC/CBC Payment Button (Belgium)

- Belfius Pay Button (Belgium)

- Trustly (pan-European bank transfer)

- Payconiq (Belgium)

- BLIK (Poland)

- MyBank (Italy)

- TWINT (Switzerland, for some platforms)

• Buy Now, Pay Later (BNPL): Klarna (Pay Later, Pay Now, Slice It), in3, Riverty/AfterPay, Billie (business BNPL)

• Other methods:

  - Paysafecard (prepaid voucher)

  - Gift cards (various Dutch and international gift cards)

Mollie’s Settlement & Withdrawals

Getting your money from Mollie as a merchant works like this: once your account is verified and you’ve made at least €5 (or the equivalent), Mollie will start sending payouts automatically.

You can choose how often you get paid, daily, weekly, or monthly, straight from your Mollie dashboard. There’s no extra cost, and if a payout day falls on a holiday, it’ll arrive the next business day.

The exact time it takes for money to become available depends on the payment method. Some are instant, while others can take 1–5 business days.

Mollie supports payouts in major currencies like EUR, GBP, USD, CHF, DKK, NOK, SEK, and PLN. You can also add options like AUD or CAD. If you get paid in a currency that isn’t supported, Mollie will convert it automatically (with a 2.5–3% fee).

Mollie’s Security & Compliance

Mollie is fully PCI DSS Level 1 certified. That’s the highest standard for handling card payments. This means your customers’ card details are encrypted, stored securely, and processed under tight controls. If you accept card payments, you’ll also need to fill out a quick annual compliance form (Mollie guides you through it).

All data is stored on secure Dutch servers with top-level encryption, and Mollie uses tools like 3D Secure and advanced fraud detection to block suspicious activity without hurting your conversion rates.

On the regulatory side, Mollie is supervised by the Dutch Central Bank and follows all key EU payment laws, including PSD2. They also have strict internal controls and independent oversight to make sure everything stays compliant.

Mollie’s Pricing & Fees

Mollie keeps its pricing simple, with two main options depending on how much your business processes:

• Standard pricing: You only pay for successful transactions—no monthly fees, no contracts, and no hidden charges. It’s ideal for businesses with flexible or moderate sales volumes.
• Custom (volume) pricing: If your business processes more than £50,000 a month, Mollie offers tailored rates based on your volume and the payment methods you use.

Read more: Mollie’s Fees for Online Merchants Explained

Mollie’s Fees for Transactions

Mollie’s per-transaction fees vary based on the payment method and whether the transaction is domestic or international. Here’s a quick look at what you can expect to pay depending on how your customer chooses to pay.

Domestic Transactions

International Transactions

Other Payment Methods

Read more: How to Reduce Card-Processing Fees for Merchants

Mollie Customer Reviews

Mollie gets strong reviews overall, with a 4.5 out of 5 on Trustpilot (based on over 10,000+ reviews) and a 4.2 on G2.

What customers praise: Most users appreciate how quick and easy it is to get started, the clean and intuitive dashboard, and the wide range of payment methods.

What customers don’t like: That said, some businesses report issues with slow account verification, occasional account holds, and delays in getting support when problems arise. A few mention frustration with communication and funds being temporarily held for review.

Mollie’s Support

Mollie offers support through email, phone, and live chat, though availability can vary depending on your location and account type. For self-help, there’s also a detailed knowledge base, FAQs, and developer docs.

Most users say support is responsive and helpful, especially for setup and everyday questions. But in more complex cases, like account verification or payout reviews, some merchants report slower replies or delays. Mollie does not offer a personal support manager for merchants.

Verdict: Is Mollie Right for Your Business?

Mollie is best suited to pan-European merchants who want to start accepting a wide range of payment methods, both online and offline. It’s especially strong for small to mid-sized e-commerce businesses, SaaS platforms, and consumer-facing brands looking for local payment options and international reach in a single integration.

That said, it’s not suitable for global merchants outside Europe or businesses that need personal support. Mollie’s open banking fees (0.90% + £0.20) are nearly on par with card payments, which can be a challenge for smaller e-commerce businesses with limited budgets and technical resources.

Looking for a Smarter Alternative to Mollie?

Mollie may be popular, but many merchants find the fees stack up fast. Even low-cost pay-by-bank comes with extra charges via Mollie. And when things go wrong, you’re often left with no personal support.

Noda was built to fix that. We specialise in instant open banking payments – no card networks, no middlemen, no chargebacks. Just fast, secure payments with fees as low as 0.1%. And unlike Mollie, you get a real person on your side from day one – a dedicated account manager who’s there to help before, during, and after setup.

Why Choose Noda?

• Lower open banking costs: Mollie’s open banking fees (0.90% + £0.20) are almost like card payments, a problem for smaller merchants with tight margins. Noda starts from just 0.1%, and we can also offer competitive card rates.
• Broad and transparent bank coverage: Noda connects you to 2,000+ banks across 28 countries with one simple integration. Check whether the banks and countries you need are supported here.
• Faster cash flow: Mollie’s settlement schedules can delay access to your money. Noda offers instant payouts, so funds land in your account immediately.
• Better support: With Mollie, support quality is a common complaint in reviews. Noda gives you a dedicated account manager from day one.
• Easy to integrate, easy to grow: Whether you're running an e-commerce store or building from scratch, Noda fits your tech stack – with plugins for WooCommerce, Magento, OpenCart, PrestaShop, or full API support.

Switch to Noda and take control of your payments.