Dutch Payment Service Mollie Takes Bitcoin to 10,000+ Merchants

The company is one of the leading payments service providers in the Benelux region – and now it accepts bitcoin.

AccessTimeIconMay 15, 2014 at 3:59 p.m. UTC
Updated Aug 18, 2021 at 2:54 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

Dutch payments provider Mollie has now added bitcoin to its long list of online payment methods.

Established in 2004, Mollie is one of the leading payments services in the Netherlands, Belgium and Luxembourg, catering to more than 10,000 merchants across the Benelux region, according to the company.

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    The last regression video of the year 3.67.0
  • The company says that the addition of bitcoin will allow thousands of merchants to start accepting the digital currency immediately, without the need for further integration.

    Furthermore, merchants do not need to have any experience with bitcoin or even a bitcoin wallet to use the new service.

    “Mollie accepts the bitcoin equivalent of the transaction amount and credits the online merchant’s euro account within two working days,” the company said. “The bitcoin-euro exchange rate is fixed at the time of payment and this amount as well as the payment is guaranteed.

    Leading bitcoin payments processors BitPay and Coinbase use a similar approach, thereby eliminating volatility concerns.

    Seamless transactions

    Mollie says it can offer bitcoin services seamlessly and risk free, just as with any other online payment method.

    Gaston Aussems, Mollie's CEO, believes a two-sided market is necessary for bitcoin payments to become commonplace. Effectively, there need to be enough customers able to pay with bitcoin and sufficient points of sales accepting them.

    “We are convinced that, by making it simple and risk-free for online merchants to accept bitcoins, we are providing a major contribution to the mass adoption and use of bitcoin,” he said, adding.

    “We believe in the future of cryptocurrencies, as their DNA matches that of online commerce: real time, low transaction costs and cross-border.”

    Mollie’s API is integrated in leading shopping software platforms, such as Shopify, Magento, PrestaShop, SEOshop and OpenCart. The company itself is a licensed payments provider and it is regulated by the Dutch Central Bank.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.