Mollie, one of the fastest growing payment service providers in Europe, today announced the launch of its newest product, Connect for Platforms. Designed for online SaaS and Marketplace platforms, it is the most efficient and easiest way for companies of all sizes to integrate payments, onboard customers and accept and route payments. It also offers dedicated local, multilingual support – vital to Mollie’s customers operating throughout Europe.
Connect for Platforms caters for the specific needs for SaaS and Marketplace businesses with a low-code integration which enables effortless onboarding, improved operational efficiency with a faster time to market. Mollie verifies both the marketplace and sellers with full KYC (Know-Your-Customer), saving time and reducing operational workload.
With configurable APIs to accept and route all payments, the payment process is simplified with an extensive suite of global and local payment methods – helping platforms improve conversion and accelerate geographic expansion. In addition, the split payments feature makes it easy for marketplaces to distribute payments from the shopping cart to different sellers.
One of Mollie’s first Connect for Platforms customers is Q-Park, an international parking operator in Western Europe. “As Q-Park has over 3,000 parking facilities in seven Western European countries, we were looking for a payment solution that enables us to both centralise payments acceptance, as well as allocate revenues to a variety of financial entities,” said Frank Janssen, Corporate Information Manager at Q-Park. “Mollie’s Connect for Platforms product was the answer. We can now accept multiple global and local payment methods. Onboarding was quick and easy, and the in-market support we’ve received has been outstanding.”
“We’re excited to launch Connect for Platforms. It meets a very important market need, one that is very close to our hearts at Mollie: simplifying payments in a complex, multi-party ecosystem,” said Rogier Schoute, Chief Product Officer at Mollie. “The marketplace business model is gaining traction quickly and is now applicable to a host of different organisations of all sizes. Whether you’re a SaaS platform that provides hospitality bookings and reservation solutions, or a marketplace offering products from hundreds or thousands of sellers, Connect for Platforms simplifies marketplace payments and ensures every party gets paid what they expect and when they expect it. Our customers will be able to compete against the ecommerce behemoths, grow revenues and accelerate geographic expansion. We look forward to supporting the growth of a diverse and competitive marketplace landscape.”