European financial services provider Mollie has announced a collaboration with PayPal with the aim of enhancing payment solutions for marketplace platforms across Europe.
This partnership enables marketplaces to incorporate PayPal as a payment method, complementing Mollie’s broad range of payment options including credit and debit cards, digital wallets, bank transfers, and localized payment methods. As stated in the official press release, PayPal is a highly favored payment choice among Mollie’s clientele. The partnership streamlines the payment process for marketplaces, eliminating the requirement for separate integrations or additional onboarding procedures for sellers.
Mollie Connect, Mollie’s marketplace - oriented platform, promotes revenue growth while reducing operational expenses. By handling technical configurations and support, Mollie allows businesses to concentrate on expanding their operations without the burden of significant administrative costs.
Mollie representatives have discussed the advantages of this partnership, emphasizing that it enables marketplaces to offer PayPal without having to deal with the related technical and operational intricacies. Essentially, Mollie takes care of the payment integration, allowing platforms to focus on their core business operations.
Apart from its integration with PayPal, Mollie supports all Buy Now, Pay Later (BNPL) options and provides a feature for accepting gift cards at multi - seller checkout, a functionality intended to support marketplace monetization.
European financial services provider Mollie has announced a partnership with PayPal aimed at improving payment solutions for marketplace platforms in Europe.
More about Mollie
Founded in 2004, Mollie offers payment and money management solutions for businesses of all scales. With over 250,000 clients throughout Europe, the company provides services in payment processing, reconciliation, fraud prevention, and reporting. Mollie’s team is located in offices in cities such as Amsterdam, London, and Munich.
Founded in 2004, Mollie offers payment and money management solutions for businesses of all scales. With over 250,000 clients throughout Europe, the company provides services in payment processing, reconciliation, fraud prevention, and reporting. Mollie’s team is located in offices in cities such as Amsterdam, London, and Munich.
In November 2024, Mollie announced the launch of its local payment solutions for Italian businesses. The company expanded its Italian operations to further its dedication to optimizing payments and money management for European businesses. This gives businesses across the region access to a unified platform designed to enhance payment processing, reporting, and fraud prevention.
This announcement followed shortly after Mollie introduced Tap to Pay on iPhone for European merchants, enabling them to accept contactless payments through the Mollie app.
