LoopPay vs Mollie

Struggling to choose between LoopPay and Mollie? Both products offer unique advantages, making it a tough decision.

LoopPay is a Business & Commerce solution with tags like digital-wallet, mobile-payments, credit-cards, debit-cards, looppay.

It boasts features such as Stores credit/debit card information securely, Allows contactless payments at most merchants, Works with existing magnetic stripe readers, Supports loyalty and gift cards, Can be used on smartphones or LoopPay Card and pros including Wide acceptance at merchants, More secure than physical cards, Convenient payments with phone, Saves time checking out.

On the other hand, Mollie is a Business & Commerce product tagged with payments, ecommerce, credit-cards, paypal, apple-pay, bank-transfers.

Its standout features include Accept payments online via credit cards, PayPal, Apple Pay, bank transfers etc, Seamless integration with popular e-commerce platforms, Payment links - create shareable links for one-time payments, Recurring payments - schedule repeating payments like subscriptions, Dashboard to view and manage transactions, Built-in fraud prevention and security, Global payment processing in over 130 currencies, Automated payment reminders and invoices, Modular pricing - pay only for the features you need, and it shines with pros like Easy integration, Wide variety of payment methods, Good fraud protection, Automated reconciliation, Good customer support, Intuitive dashboard, Competitive pricing.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

LoopPay

LoopPay

LoopPay is a digital wallet app that allows users to store credit/debit cards and pay in stores using their mobile phone. It works with magnetic card readers by mimicking a card swipe.

Categories:
digital-wallet mobile-payments credit-cards debit-cards looppay

LoopPay Features

  1. Stores credit/debit card information securely
  2. Allows contactless payments at most merchants
  3. Works with existing magnetic stripe readers
  4. Supports loyalty and gift cards
  5. Can be used on smartphones or LoopPay Card

Pricing

  • Free
  • One-time Purchase

Pros

Wide acceptance at merchants

More secure than physical cards

Convenient payments with phone

Saves time checking out

Cons

Requires separate device/card

Not widely known by consumers yet

Merchant must accept magnetic stripe payments

Limited digital receipt/tracking features


Mollie

Mollie

Mollie is an online payment processing platform that allows businesses to accept payments online. It supports popular payment methods like credit cards, PayPal, Apple Pay, and bank transfers. Mollie handles the payment processing so businesses don't have to worry about compliance or managing transactions.

Categories:
payments ecommerce credit-cards paypal apple-pay bank-transfers

Mollie Features

  1. Accept payments online via credit cards, PayPal, Apple Pay, bank transfers etc
  2. Seamless integration with popular e-commerce platforms
  3. Payment links - create shareable links for one-time payments
  4. Recurring payments - schedule repeating payments like subscriptions
  5. Dashboard to view and manage transactions
  6. Built-in fraud prevention and security
  7. Global payment processing in over 130 currencies
  8. Automated payment reminders and invoices
  9. Modular pricing - pay only for the features you need

Pricing

  • Freemium
  • Subscription-Based

Pros

Easy integration

Wide variety of payment methods

Good fraud protection

Automated reconciliation

Good customer support

Intuitive dashboard

Competitive pricing

Cons

Limited reporting capabilities

Additional fees for some features

Can be complex for large enterprises

Lacks some customization options

No offline payments