NoBull SaaS

What does Mollie do?

Tool: Mollie

The Tech: Payment Gateway

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Their Pitch

Online and in-person payments – built for businesses of every size.

Our Take

It's a European payment gateway that actually gets local payment methods right. You know, the stuff like iDEAL that Europeans actually want to use.

Deep Dive & Reality Check

Used For

  • +**Your Dutch customers see only credit cards and bounce** → Add iDEAL and Bancontact, watch conversion rates jump because people can pay how they want
  • +**You're manually calculating marketplace splits and sending 47 PayPal transfers** → Automated splits send sellers their 90% and you keep 10% without touching anything
  • +**Failed transactions disappear into the void** → Second chance emails automatically retry failed payments and recover money you'd have lost
  • +Creates payment links for custom requests - no need to build a checkout page for one-off invoices
  • +Handles subscriptions and recurring billing without the complexity of enterprise solutions

Best For

  • >Your European customers abandon checkout because you only have Visa and PayPal
  • >Running a marketplace and manually splitting payments is eating your weekends
  • >Tried Stripe but the fees are killing you and you need better EU support

Not For

  • -US-focused businesses - this is built for Europe and you'll miss ACH and other American payment methods
  • -High-volume enterprises doing €5M+ monthly - you'll outgrow the features and need something more robust
  • -Solo freelancers with tiny transaction volumes - the per-transaction fees add up when you're not doing much volume

Pairs With

  • *Shopify (where most people install the plugin in 15 minutes and start accepting European payments)
  • *Magento (to automate refunds that used to take 2 hours per week down to 10 minutes)
  • *WordPress (via Gravity Forms for donation pages and workshop payments)
  • *Sharetribe (for marketplace payment splits that eliminate 5 hours of weekly admin work)
  • *Google Analytics (to track which payment methods actually convert and which ones are dead weight)

The Catch

  • !Third-party integrations are rough - users rate them 1.0/5 and you'll spend extra dev time fixing broken checkout flows
  • !Europe-heavy focus means limited global expansion - great for EU, weak everywhere else
  • !Webhooks can be finicky and need custom retry logic or failed payments pile up in your system

Bottom Line

The payment gateway that speaks European - handles all those local methods like iDEAL and Bancontact that make your conversion rates not suck.