Plaid has added online payment services provider Mollie to its payment partner ecosystem to provide SME merchants across the UK and Europe with tools to grow their businesses to match the demand, according to AltFi.
Mollie customers will be able to use Plaid’s technology to expedite their onboarding processes, launch their online storefronts, and get ready to accept payments more easily, according to Plaid.
With the pandemic, Europe and much of the world experienced two years of intense financial digitisation, creating huge opportunities for businesses to serve customers in new ways, according to Plaid staff.
The partnership will embed Plaid’s Open Banking network into Mollie’s platform to expedite the merchant onboarding process and allow SMEs to get started more quickly. Plaid will initially support Mollie’s merchants in the UK and then expand to France and Germany.
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