Adyen vs Mollie: What are the differences?

Key Differences between Adyen and Mollie

Adyen and Mollie are both payment service providers that offer solutions for businesses to accept online payments. However, there are several key differences between the two.

1. Pricing Models: Adyen follows a complex pricing model based on various factors such as transaction volume, currency, and payment method, making it more suitable for large businesses with significant payment volumes. On the other hand, Mollie offers a simple and transparent pricing structure with fixed transaction fees, making it more suitable for small to medium-sized businesses with lower payment volumes.

2. Available Payment Methods: Adyen supports an extensive range of over 250 payment methods globally, including credit cards, e-wallets, and local payment methods. Mollie, although it supports a wide range of payment methods, offers a slightly smaller selection compared to Adyen.

3. Integration and Customization: Adyen provides a comprehensive API that allows businesses to fully customize the payment experience to suit their branding and requirements. It offers more flexibility and control over the payment process. On the other hand, Mollie also provides an API but with relatively fewer customization options compared to Adyen.

4. Global Coverage: Adyen is known for its global coverage and the ability to accept payments in more than 150 currencies. It also provides features like dynamic currency conversion and multi-currency settlement. Mollie, although it supports multiple currencies, has a more limited global coverage, primarily focusing on European countries.

5. Security and Compliance: Both Adyen and Mollie are compliant with the highest security standards and offer features like tokenization and encryption to protect sensitive customer data. Adyen, being a larger and more established company, may have more extensive security measures in place due to its global presence and security certifications.

6. Additional Services: Adyen offers additional services beyond payment processing, such as fraud detection and prevention tools, recurring billing options, and advanced reporting and analytics. Mollie, while primarily focusing on payment processing, also provides some additional features like recurring payments but may not offer the same level of advanced functionality compared to Adyen.

In Summary, Adyen and Mollie differ in their pricing models, available payment methods, integration and customization options, global coverage, security and compliance measures, and additional services. The choice between Adyen and Mollie depends on the specific needs and size of the business.