Mollie launches Mollie Terminal to boost in-person payments solution
By Gloria Methri
European financial services provider Mollie has announced the launch of its in-person payments solution, Mollie Terminal. Initially available in Belgium, Germany, and the Netherlands, the launch will further strengthen the company’s unified commerce payments proposition.
Mollie Terminal adds to its existing in-person payments support that uses QR codes and a Tap to Pay solution for Android is to be launched later this year. Mollie is enhancing its in-person offering in response to the growing demand from its 130,000 customers, many of whom operate both online and physical stores.
Mollie Terminal works through a single API for both online and in-person payments and accepts relevant payment methods and wallets. Operating on both 4G and Wi-Fi, the solution is sent to merchants pre-configured so they can start accepting payments immediately. Merchants can report, reconcile and settle all processed payments via the Mollie Dashboard.
Mollie Terminal seamlessly integrates into partner platforms and offers its users a flexible and reliable payment solution and recurring revenue streams. It also gives individual merchants a highly intuitive API-connected solution.
Koen Koppen, CEO of Mollie said, “This is an important milestone launch and a critical part of our in-person payments offering, further strengthening our position in the unified commerce payments market. With our customers’ high regard for Mollie’s online proposition, we are delighted to be able to meet the needs of customers offline too. As our customers have come to expect, the new solution offers competitive pricing, local support, and immense flexibility. Our solution delivers an integrated and flexible point of sale solution that saves merchants time and money.”
The Terminal will initially be offered to customers in Belgium, Germany, and The Netherlands, with plans for expansion to other European markets later this year.
IBSi Daily News Analysis
January 16, 2024
Europe
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