(Image Source: www.mollie.com)
Mollie announced a strategic partnership with PayPal, aimed at delivering secure and easy payment solutions for marketplace platforms across Europe.
Mollie, one of Europe’s fastest-growing financial service providers, announced a strategic partnership with PayPal, aimed at delivering secure and easy payment solutions for marketplace platforms across Europe. This collaboration marks a significant milestone as PayPal is one of the preferred payment options for Mollie’s customers, offering seamless payment flows, improved shopping experiences and business growth for marketplaces.
Thanks to this cooperation Mollie will be able to offer PayPal to marketplaces in the European Union and in the UK. This further enhances Mollie’s full payment solution offering, providing a wide range of payment options, including credit/debit cards, digital wallets, bank transfers, and local payment methods. Additionally, Mollie supports Buy Now Pay Later (BNPL) options and is the only provider to accept gift cards at multi-seller checkout, enabling the monetization of gift cards in a marketplace setup.
With Mollie Connect, marketplaces can help drive revenue growth and reduce operational costs simultaneously. Mollie’s managed support and onboarding streamline operations and reduce overhead, allowing platforms to focus on growth without the operational costs or technical burden.
“Mollie Connect helps businesses to minimise operational costs through support and onboarding, facilitating seamless scaling without the need for extensive coding or complex setups,” says Paul van der Boor, Group Product Manager for Partnerships at Mollie. “By collaborating with PayPal, we are advancing our mission to simplify payments for platforms. Marketplaces can now offer PayPal to their customers without requiring a separate PayPal integration and re-onboarding all of their sellers. Instead, they can outsource all technical complexity and operational workload to Mollie. This allows the marketplace to focus on its core strengths, while Mollie handles all payment-related tasks, empowering marketplaces and SaaS platforms with seamless payment integration and monetization.“
The strategic collaboration with PayPal underscores Mollie’s commitment to delivering innovative and tailored payment solutions that drive the growth and success of marketplace businesses.
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